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Featured local agent — Red Lake, AZ
Sarah Mitchell
Compass Real Estate · Red Lake, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Red Lake, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$565,000median sale price
How is the Red Lake, AZ housing market right now?
The median home sale price in Red Lake, AZ is $565,000. Homes sell in an average of 40 days with 15 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Red Lake a buyer's or seller's market?
Red Lake, AZ is currently a buyer's market, based on 15.0 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
40
Average pace
Active listings
15
15.0 months supply
Sale-to-list
100.0%
Above asking
What does the Red Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $565,000 |
| Median list price | $657,500 |
| Average days on market | 40 days |
| Active inventory | 15 listings |
| Months of supply | 15.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $392/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 46.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Red Lake by property type?
How the Red Lake, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $565,000 | $392/sq ft | 1 | 40 days |
Source: Redfin · Updated monthly
The Red Lake housing market is currently classified as a buyer's market with a median sale price of $565,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 40 days on market, indicating 15.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Red Lake
There are currently 15 homes listed for sale in Red Lake, Arizona. The median listing price is $658K.
Active listings
15
Homes on market
Median list price
$658K
Avg. days on market
40
Days until sale
New this week
2
Newly listed
Who lives in Red Lake?
Population
1,764
Median income
$86,125/yr
Median age
43.5 years
Owner-occupied
82.6%
College grads
10.8%
Avg commute
23.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Red Lake?
Red Lake is a community of approximately 2K residents with a median age of 43.5 years.The median household income is $86,125, which reflects a relatively affluent area with strong earning potential. 10.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Red Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Red Lake, AZ?
Want a head-to-head view? Compare Red Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Red Lake?
The median home sale price in Red Lake is $565,000, down 0.0% from last year.
How long do homes stay on market in Red Lake?
Homes typically spend 40 days on market before going under contract.
What is the median income in Red Lake?
The median household income is $86,125 per year.
Is Red Lake a buyer's or seller's market?
With 15.0 months of supply, Red Lake is currently a buyer's market.
How much does a single-family home cost in Red Lake?
The median single-family home price in Red Lake, AZ is $565,000 (about $392 per square foot).
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