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Redfield

Learn about the people, housing, costs and businesses in Redfield, Texas

Median Home$229,888
Median Rent$1,204/month
Population409
Leading IndustriesRetail · Finance & Insurance · Information & Media22% retail
Home Value Growth⬆⬆+12.2% over 2 years
Young Adults27% of residentsnear the national average
Homeowners77% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableTransit80/100 · excellent transit access
Redfield
TX

Frequently Asked Questions

What are today's mortgage rates in Redfield?

As of today, the 30-year fixed mortgage rate for Redfield is approximately 6.978% (7.017% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Redfield?

The median home value in Redfield is $230k. The median monthly rent is $1,204. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Redfield?

Home values in Redfield have increased 12.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Redfield?

Based on a typical all-in ownership cost of $1,016/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Redfield is $87k/year.

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What industries drive the economy in Redfield?

The largest employment sectors in Redfield are retail (22%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.