There are currently 824 real estate properties in Red Rock, AZ, with a median automated valuation model (AVM) price of $274,982.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Red Rock, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Red Rock, AZ, is $280,388.00, with the most expensive house in Red Rock, AZ, topping out at $572,006.00 and the cheapest home in Red Rock, AZ, clocking in at $16,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Red Rock, AZ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Red Rock, AZ, is on a rollercoaster ride. The average rent price in Red Rock, AZ, is $1,248.00. Indeed, when looking to rent in Red Rock, AZ, you can expect to pay as little as $700.00 or as much as $1,720.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Red Rock, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Red Rock is located in Pinal, Arizona, with an estimated municipal population of 4,203 residents. All of the best foreclosed homes for sale in Red Rock are located in the following zip code areas on Foreclosure.com: 85131 85145 85658. The estimated population per square kilometer (.62 miles) in Red Rock is 34.
So, about how much do homes cost in Red Rock? The most recent median value of resident-owned homes in Red Rock is 159,845. An estimated 82.4 percent of households in Red Rock own their homes, with an average family size of 3.98. The median household income in Red Rock is 73,526, with22.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Red Rock, the median commute time of resident workers (in minutes) is 42.1. And last, but certainly not least, are you looking for homes to rent in Red Rock? If so, the average rent price paid by renters in Red Rock is 1,148, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Red Rock, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Red Rock is 27.4, split between 54.8 percent male versus 45.2 female. The percentage of residents who report being married in Red Rock is 51.1, with an average family size of 3.98.
The percentage of residents who report their race in Red Rock is as follows:
| White | 85.5% |
| Black / African American | 0.2% |
| Asian | 0% |
| American Indian / Alaskan Native | 0.8% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 8.5% |
| Other | 4.9% |
Looking for family-friendly neighborhoods in and/or near Red Rock? Or maybe you are searching for 55+ active adult communities in and/or near Red Rock?
The percentage of residents who report their age in Red Rock is as follows:
| Under 10 | 21.4% |
| Aged 10-19 | 22.4% |
| 20s | 10.2% |
| 30s | 19.3% |
| 40s | 12.2% |
| 50s | 4.9% |
| 60s | 5.7% |
| 70s | 3.2% |
| 80+ | 0.6% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Red Rock with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Red Rock.
How do you know that living in -- or moving to -- Red Rock is right where you need to be? Perhaps you grew up in Red Rock or already live nearby; therefore, the decision to buy a home in Red Rock is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Red Rock for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Red Rock:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Red Rock.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Red Rock can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Red Rock, meanwhile, can field multiple offers from more qualified buyers.
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