Housing Prices in Red Oak, TX
How much do homes in Red Oak, TX cost?
Median List Price
$395,000
$178/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Red Oak was $395,000 in March 2024, down 1.2% from the previous year, and the median price per square foot was $178.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $489.9K | N/A |
2 Bedrooms | $210K | $232.5K | +10.7% |
3 Bedrooms | $350K | $350K | 0.0% |
4 Bedrooms | $410K | $399.9K | -2.5% |
5+ Bedrooms | $474.9K | $499.9K | +5.3% |
Summary: Red Oak housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 5.3%.
Median List Price Compared To Nearby Cities
Waxahachie | $399.9K | $415.7K | +4.0% |
Glenn Heights | $369.9K | $375K | +1.4% |
Lancaster | $299.9K | $299.9K | 0.0% |
Red Oak | $399.7K | $395K | -1.2% |
Ferris | $339.9K | $329.9K | -2.9% |
Housing Supply in Red Oak, TX
How many homes are available in Red Oak, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
162 | 167 | +3.1% |
Summary: The Red Oak real estate market had 167 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 47 | 57 | +21.3% |
4 Bedrooms | 82 | 79 | -3.7% |
5+ Bedrooms | 31 | 29 | -6.5% |
Summary: The Red Oak housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 6.5%.
Days on Market for Red Oak, TX
How long does it take to sell a home in Red Oak, TX?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
143 Days | 84 Days | -41.2% |
Summary: Homes in Red Oak had an average listing age of 84 days in Mar 2024, down by 41.2% compared to the previous year.