Red Oak, OK is an attractive area for those looking to purchase a home due to its low median housing value of $99,300. Despite being lower than the US median housing value of $338,100, Red Oak has enjoyed an impressive 13.34% increase in housing value over the past year - outpacing the national average of 8.27%. With such promising gains in the short-term and plenty of affordable options available, Red Oak is an excellent place to invest in real estate.
The median home cost in Red Oak is $99,300. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Red Oak is up 14.5%.
Average Age of Homes
- The median age of Red Oak real estate is 44 years old
The Rental Market in Red Oak
- Renters make up 25.2% of the Red Oak population
- 0.0% of houses and apartments in Red Oak, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.