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Redvale

Learn about the people, housing, costs and businesses in Redvale, Colorado

Median Home$190,000
Median Rent$918/month
Population203
Leading IndustriesWholesale Trade · Construction · Education25% wholesale trade
Home Value Growth⬆⬆⬆+52.9% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners81% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit79/100 · excellent transit access
Redvale
CO

Frequently Asked Questions

What are today's mortgage rates in Redvale?

As of today, the 30-year fixed mortgage rate for Redvale is approximately 6.869% (6.904% 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 Redvale?

The median home value in Redvale is $190k. The median monthly rent is $918. Annual property taxes average $625. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Redvale?

Home values in Redvale have increased 52.9% 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 Redvale?

Based on a typical all-in ownership cost of $664/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Redvale is $46k/year.

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What industries drive the economy in Redvale?

The largest employment sectors in Redvale are wholesale trade (25%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.