Photo: Nyttend · Public domain35 homes sold in Red Oak in the last year, at a typical $430K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Red Oak homes are listed.
Every place Red Oak homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Red Oak.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Red Oak’s sales, at a typical $430K
35 homes sold in the year to May 2026.
typical sale · 35 sold in 12 months
- Per square foot
- $190NC $207
- Days to sell
- 95
- Sold over asking
- 17%
- Listings with a price cut
- 26%
About as many homes sell as usual, at twice the 2016 price
35 sales in the last year, against 55 in 2020 and a low of 27 in 2013. The typical sale went from $221K in 2016 to $430K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Red Oak
Check a listing against what Red Oak homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Red Oak are rarer than before the pandemic, with about as many homes for sale
We read every month of Red Oak’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 35 sales.
If you’re buying in Red Oak
- Shop in May. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
- Offer under asking. Buyers paid 97.9% of the list price on average; 17% paid over.
- You’ll usually have time. Only 9% of homes go under contract within two weeks; the typical one takes 95 days.
Spring brings the homes; winter brings the bidding wars
March has the most new listings (about 6 a month), but January is the most competitive: 39% of January sales close over asking. May offers nearly as much choice with fewer homes bid up (28%). August has the least competition (23%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like North Carolina as a whole
| Red Oak now | 2017–19 | 2021 peak | NC now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 22% | 35% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 9% | 0% | 0% | 30% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | — | — | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 97.9% | 98.1% | 99.7% | 97.8% |
| Days to sellMedian days from listing to contract | 95 | 119 | 80 | 62 |
17 homes for sale on a typical day
That’s 1.5 times the 2022 low (11), about the 2017–19 level and well under 2021’s 25.
1 in 4 listings has cut its price
26% in the last year, against — in 2017–19 and 27% across North Carolina.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Red Oak home costs about $2,465 a month
Price: Red Oak’s typical sale, last 12 months. Property tax at Red Oak’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Red Oak is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. November has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $430K home, about $2,660 a year.
Taxes vs. neighborsSchools
The schools grade for Red Oak, from test results, graduation and how much students grow.
Schools in Red OakCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Nashville, Rocky Mount, Spring Hope, Elm City and Tarboro sell for less a square foot
The busier markets within 25 miles of Red Oak, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Rocky Mount | 499 | $202K | $124 | 17% | 55 |
| Lake Royale | 118 | $366K | $198 | 15% | 85 |
| Tarboro | 86 | $205K | $129 | 21% | 68 |
| Nashville | 61 | $251K | $158 | 39% | 64 |
| Red Oak | 35 | $430K | $190 | 17% | 95 |
| Spring Hope | 23 | $204K | $129 | 13% | 63 |
| Elm City | 21 | $176K | $135 | 24% | 82 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Red Oak, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Red Oak. People who follow the town see it, and so do people comparing Red Oak with their own town. No commission, no listing fee.
Questions about buying a home in Red Oak
What do homes sell for in Red Oak, NC?
35 homes sold in the year to May 2026 at a typical $430K, $190 a square foot.
Is Red Oak a buyer’s or seller’s market?
A seller’s market: 17 homes were for sale in May 2026 and 8 sold, about 2.1 months of supply. Buyers paid 97.9% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Red Oak?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Red Oak?
About 0.6% of a home’s value a year. On a $430K home that’s near $2,660.
Where can I see homes for sale in Red Oak?
Zillow, Redfin, Realtor.com and Homes.com all carry Red Oak’s MLS listings; the search links above open each one filtered to Red Oak.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).