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
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.