Housing Prices in Red Oak, TX
How much do homes in Red Oak, TX cost?
Median List Price
$399,000
$179/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Red Oak has remained the same since last year.
Summary: The median home list price in Red Oak was $399,000 in May 2024, down 0.2% from the previous year, and the median price per square foot was $179.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $489.9K | N/A |
| 2 Bedrooms | $210K | $202.4K | -3.6% |
| 3 Bedrooms | $350K | $352K | +0.6% |
| 4 Bedrooms | $409.9K | $400K | -2.4% |
| 5+ Bedrooms | $474.9K | $525K | +10.5% |
Summary: Red Oak housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 10.5%.
Median List Price Compared To Nearby Cities
| Waxahachie | $405.1K | $418.2K | +3.2% |
| Lancaster | $294.9K | $299.5K | +1.5% |
| Glenn Heights | $369.9K | $370K | 0.0% |
| Red Oak | $399.9K | $399K | -0.2% |
| 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 177 | 188 | +6.2% |
Summary: The Red Oak real estate market had 188 homes for sale in May 2024, a 6.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 60 | 56 | -6.7% |
| 4 Bedrooms | 84 | 94 | +11.9% |
| 5+ Bedrooms | 32 | 38 | +18.8% |
Summary: The Red Oak housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 18.8%.
Days on Market for Red Oak, TX
How long does it take to sell a home in Red Oak, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 124 Days | 84 Days | -32.7% |
Summary: Homes in Red Oak had an average listing age of 84 days in May 2024, down by 32.7% compared to the previous year.
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