
Home Price Key
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 $96,920, lower than the Virginia average of $323,261.
The average cost of rent is $723/mo in Red Oak, primarily driven by the current value of real estate in the Red Oak area. While nearly 59.68% of residents own their homes outright in Red Oak, 26.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Oak is $3,143 per month. Households that rent pay about 23.01% of their income on rent here. Red Oak's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wylliesburg, VA: equally priced homes
- Dryburg, VA: higher priced homes
- Skipwith, VA: higher priced homes
- Chase City, VA: equally priced homes
- Clover, VA: equally priced homes
- Jeffress, VA: higher priced homes
- Midway, VA: higher priced homes
- Finneywood, VA: less expensive homes
- Buffalo Springs, VA: higher priced homes
- Scottsburg, VA: higher priced homes
Cities with Similar Populations
- New Elm, GA: higher priced homes
- Pleasant Plains, NJ: higher priced homes
- Plainville, IL: equally priced homes
- Phippsburg, CO: higher priced homes
- Peytona, WV: less expensive homes
- Patterson, IA: higher priced homes
- North Walpole, NH: higher priced homes
- North Carrollton, MS: higher priced homes
- Nick, KY: higher priced homes
- Pleasant Ridge, MO: higher priced homes
All Local Stats
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