diff --git a/databases/py-redis5/Makefile b/databases/py-redis5/Makefile
index 88256b039057..e804c1d6a173 100644
--- a/databases/py-redis5/Makefile
+++ b/databases/py-redis5/Makefile
@@ -1,43 +1,43 @@
 PORTNAME=	redis
-PORTVERSION=	5.3.0
+PORTVERSION=	5.3.1
 CATEGORIES=	databases python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 PKGNAMESUFFIX=	5
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Python client for Redis key-value store
 WWW=		https://redis.readthedocs.io/en/latest/ \
 		https://github.com/redis/redis-py
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}setuptools>=0:devel/py-setuptools@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}wheel>=0:devel/py-wheel@${PY_FLAVOR}
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}pyjwt>=2.9.0:www/py-pyjwt@${PY_FLAVOR}
 TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}mock>=0:devel/py-mock@${PY_FLAVOR} \
 		redis-server:databases/redis
 
 USES=		python
 USE_PYTHON=	autoplist concurrent pep517 pytest
 
 NO_ARCH=	yes
 
 CONFLICTS_INSTALL=	${PYTHON_PKGNAMEPREFIX}redis \
 			${PYTHON_PKGNAMEPREFIX}redis[0-9]
 
 PORTSCOUT=	limit:^5\.
 
 OPTIONS_DEFINE=	HIREDIS
 HIREDIS_DESC=	High performance response parser
 
 HIREDIS_RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}hiredis>=3.0.0:databases/py-hiredis@${PY_FLAVOR}
 
 .include <bsd.port.pre.mk>
 
 .if ${PYTHON_REL} < 31103
 RUN_DEPENDS+=	${PYTHON_PKGNAMEPREFIX}async_timeout>=4.0.3:devel/py-async_timeout@${PY_FLAVOR}
 .endif
 
 .include <bsd.port.post.mk>
diff --git a/databases/py-redis5/distinfo b/databases/py-redis5/distinfo
index 5f2887a5fdd9..072656f35a2a 100644
--- a/databases/py-redis5/distinfo
+++ b/databases/py-redis5/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1747546484
-SHA256 (redis-5.3.0.tar.gz) = 8d69d2dde11a12dc85d0dbf5c45577a5af048e2456f7077d87ad35c1c81c310e
-SIZE (redis-5.3.0.tar.gz) = 4626288
+TIMESTAMP = 1753796036
+SHA256 (redis-5.3.1.tar.gz) = ca49577a531ea64039b5a36db3d6cd1a0c7a60c34124d46924a45b956e8cf14c
+SIZE (redis-5.3.1.tar.gz) = 4626200
diff --git a/databases/py-redis5/files/patch-setup.py b/databases/py-redis5/files/patch-setup.py
deleted file mode 100644
index a91867d1562f..000000000000
--- a/databases/py-redis5/files/patch-setup.py
+++ /dev/null
@@ -1,13 +0,0 @@
-Obtained from:  https://github.com/redis/redis-py/commit/fdfc0d2ff41687e7b77c794101114f47d9d5a560
-
---- setup.py.orig	2025-04-30 14:54:05 UTC
-+++ setup.py
-@@ -38,7 +38,7 @@ setup(
-     python_requires=">=3.8",
-     install_requires=[
-         'async-timeout>=4.0.3; python_full_version<"3.11.3"',
--        "PyJWT~=2.9.0",
-+        "PyJWT>=2.9.0",
-     ],
-     classifiers=[
-         "Development Status :: 5 - Production/Stable",