Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Oak area can be challenging. Home prices in Red Oak are now at a median cost of $216,789, lower than the Texas average of $235,268.
The average cost of rent is $1,522/mo in Red Oak, primarily driven by the current value of real estate in the Red Oak area. While nearly 43.92% of residents own their homes outright in Red Oak, 18.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Oak is $7,292 per month. Households that rent pay about 20.87% of their income on rent here. Red Oak's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Pecan Hill, TX: higher priced homes
- Oak Leaf, TX: higher priced homes
- Glenn Heights, TX: equally priced homes
- Ovilla, TX: higher priced homes
- Lancaster, TX: less expensive homes
- DeSoto, TX: equally priced homes
- Ike, TX: less expensive homes
- Waxahachie, TX: equally priced homes
- Ferris, TX: less expensive homes
- Palmer, TX: less expensive homes
Cities with Similar Populations
- Duncan, OK: less expensive homes
- Flushing, MI: less expensive homes
- Ferndale, WA: higher priced homes
- Farmington, UT: higher priced homes
- Farmington, NM: less expensive homes
- Farmington, MO: less expensive homes
- Enfield, CT: equally priced homes
- El Sobrante, CA: higher priced homes
- El Dorado, AR: less expensive homes
- El Cerrito, CA: higher priced homes
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