280 homes sold in Red Oak in the last year, at a typical $377K
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 $377K
280 homes sold in the year to May 2026.
typical sale · 279 sold in 12 months
- Per square foot
- $173TX $173
- Days to sell
- 82
- Sold over asking
- 16%
- Listings with a price cut
- 34%
Multi-family (2–4 units): 1 sold, typical $300K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
280 sales in the last year, against 325 in 2020 and a low of 144 in 2012. The typical sale went from $205K in 2016 to $377K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K 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, and more homes are 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, 280 sales.
If you’re buying in Red Oak
- Shop in August. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- You can negotiate. 34% of listings have cut their price, against 22% before the pandemic.
- Bid near asking. Buyers paid 98.3% of the list price on average; 16% paid over.
- You’ll usually have time. Only 12% of homes go under contract within two weeks; the typical one takes 82 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 34 a month), but July is the most competitive: 32% of July sales close over asking. August offers nearly as much choice with fewer homes bid up (25%). December has the least competition (19%) but only about 20 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Texas as a whole
| Red Oak now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 26% | 52% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 12% | 38% | 62% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 34% | 22% | 11% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 98.3% | 98.8% | 101.4% | 96.9% |
| Days to sellMedian days from listing to contract | 82 | 40 | 20 | 71 |
103 homes for sale on a typical day
That’s 4.4 times the 2021 low (23) and 87% more than in 2017–19.
1 in 3 listings has cut its price
34% in the last year, against 22% in 2017–19 and 30% across Texas. More sellers are pricing high and coming down.
Red Oak ranks 97th of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Red Oak is in the middle of the pack.
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 $2,490 a month
Price: Red Oak’s typical sale, last 12 months. Property tax at Red Oak’s 1.7% (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 June
The month with the most choice. December has the fewest, about 20.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $377K home, about $6,280 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.
Bear Creek Ranch, Lancaster and Ferris 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 | |
|---|---|---|---|---|---|
| Red Oak | 280 | $377K | $172 | 16% | 82 |
| Lancaster | 276 | $280K | $152 | 26% | 54 |
| Glenn Heights | 227 | $361K | $168 | 22% | 81 |
| Ferris | 77 | $288K | $166 | 8% | 101 |
| Ovilla | 73 | $584K | $193 | 11% | 75 |
| Bear Creek Ranch | 28 | $296K | $152 | 29% | 59 |
| Oak Leaf | 21 | $467K | $181 | 24% | 100 |
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, TX?
280 homes sold in the year to May 2026 at a typical $377K, $172 a square foot.
Is Red Oak a buyer’s or seller’s market?
A seller’s market: 91 homes were for sale in May 2026 and 29 sold, about 3.1 months of supply. Buyers paid 98.3% of asking on average, and 34% of listings cut their price.
When is the best time to buy in Red Oak?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Red Oak?
About 1.7% of a home’s value a year. On a $377K home that’s near $6,280.
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).