Red Oak, TX Housing Market — 319 Homes Sold (September 2025 – September 2026)

Q: What does the typical Red Oak home cost?

The typical Red Oak home sold for $379,900 (about $174 per square foot) over the last twelve months.

Q: How fast do homes sell in Red Oak?

The typical Red Oak home went under contract in 50 days; 8.8% sold within the first week.

Q: Is it cheaper to rent or buy in Red Oak?

The median Red Oak lease ran $2,390/month this year; principal and interest on the median $379,900 home is roughly $2,161/month with 10% down.

The edge goes to buyers: homes typically take 50 days and only 17.6% beat their asking price.

Red Oak market at a glance

Homes sold (12 months): 319
Median sale price: $379,900 (about $2,161/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $174
Median days on market (list to contract): 50; 8.8% went under contract within a week
Sold over asking: 17.6% · Sold under asking: 47.3%
Typical home: 4 bed, 2,185 sqft, built 2017, mostly Red Oak ISD
Price range of sales: $170,000 – $952,000
On the market right now: 148 active listings, 33 under contract, 5.6 months of supply, median asking $453,509
How buyers paid: Conventional 29.5%, FHA 41.4%, VA 13.2%, Cash 13.2%, Other 2.8%
Seller contributions: 74.3% of sellers chipped in, typically $10,000
Contract to close: about 30 days
Median rent (same home types, 94 closed leases): $2,390/month — owning the median home runs about $2,161/month principal & interest with 10% down
HOA: 66.8% of sales had a mandatory HOA, typically $57/month
New construction: 36.1% of sales, median $405,900 vs $346,940 resale

Five-year price history in Red Oak

Median sale price by quarter: 2022 Q1: $380,000 · 2023 Q1: $363,500 · 2024 Q1: $380,000 · 2025 Q1: $361,579 · 2026 Q1: $391,192 · 2026 Q3: $357,450.

Median price by elementary school zone

Eastridge: 75 sales, median $389,000, $176/sqft
Russell Schupmann: 68 sales, median $374,450, $172/sqft
Red Oak: 65 sales, median $312,000, $153/sqft
Shields: 60 sales, median $419,990, $179/sqft
Wooden: 33 sales, median $350,000, $172/sqft

Pricing right vs. cutting the price in Red Oak

Sellers who held their original asking price sold in 22 days at 100% of ask. Sellers who overpriced and later cut took 82 days and kept 92.5% of the original ask — roughly $29,900 left on the table on a typical Red Oak listing.

Most active Red Oak neighborhoods

The Oaks: 51 sales, median $419,990, 66 days on market
Summerwood Estates: 30 sales, median $379,950, 67 days on market
Summerwood: 17 sales, median $380,000, 82 days on market
Crystal Lake Estates: 13 sales, median $603,000, 189 days on market

Nearby markets

Waxahachie · Midlothian · Ennis · Ferris · Ovilla · Palmer · Maypearl · Italy

Common questions

Is now a good time to buy in Red Oak? The edge goes to buyers: homes typically take 50 days and only 17.6% beat their asking price.

What does the typical Red Oak home cost? $379,900 — about $174 per square foot, or roughly $2,161/month with 10% down before taxes and insurance.

How fast do homes sell in Red Oak? The typical home went under contract in 50 days; 8.8% sold within the first week.

Is it cheaper to rent or buy in Red Oak? The median Red Oak lease ran $2,390/month this year, while principal and interest on the median $379,900 home is roughly $2,161/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.