Zip 51566 (Red Oak, IA) Housing

Housing in Red Oak, IA (51566) is particularly attractive, as the median value of a house is $110,600 - significantly lower than the US House Median Value, which currently stands at $338,100. Furthermore, Red Oak has seen an impressive yearly appreciation rate of 15.23%, much higher than the US average of 8.27%. This makes Red Oak an ideal place for those looking to invest in or purchase a home.

The median home cost in Red Oak (zip 51566) is $110,600. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Red Oak (zip 51566) is up 15.4%.

Average Age of Homes

- The median age of Red Oak (zip 51566) real estate is 59 years old

The Rental Market in Red Oak (zip 51566)

- Renters make up 29.7% of the Red Oak (zip 51566) population
- 1.9% of houses and apartments in Red Oak (zip 51566), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Red Oak, Iowa	United States
	3,362.0	139,647,020.0
	67	42
	$110,600	$338,100
	15.4%	16.6%
	49.3%	57.0%
	69.7%	101.1%
	$20.39	$10.98
	$1,829	$2,690
	59.0%	57.4%
	13.9%	11.2%
	27.1%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.6%	0.4%
	0.7%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	4.6%	2.4%
	14.5%	2.8%
	20.4%	3.9%
	13.5%	4.5%
	12.6%	11.3%
	15.6%	13.0%
	9.7%	20.1%
	3.6%	13.6%
	2.2%	8.3%
	1.1%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.7%	13.6%
	4.7%	13.6%
	4.1%	13.6%
	4.1%	13.2%
	18.7%	14.8%
	4.1%	13.6%
	11.4%	10.0%
	8.7%	4.7%
	36.5%	12.2%

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