Zip 74563 (Red Oak, OK) Housing


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United States / Oklahoma / No Metro Area / Latimer County / Red Oak / Red Oak (zip 74563)
The housing market in 74563 Red Oak, OK is quite attractive. The median value of a house in the area is $108,400, which is much lower than the US median house value of $338,100. Furthermore, the 1 year house appreciation in Red Oak is 13.34%, which is significantly higher than the national appreciation rate of 8.27%. This means that a house purchased today could be worth more in just one year's time. These factors make 74563 Red Oak, OK an ideal place to purchase a home.

The median home cost in Red Oak (zip 74563) is $108,400. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Red Oak (zip 74563) is up 14.5%.

Average Age of Homes
- The median age of Red Oak (zip 74563) real estate is 35 years old
The Rental Market in Red Oak (zip 74563)
- Renters make up 16.5% of the Red Oak (zip 74563) population
- 0.0% of houses and apartments in Red Oak (zip 74563), 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

  HousingRed Oak, OklahomaUnited States
  948.0139,647,020.0
  3742
  $108,400$338,100
  14.5%16.6%
  45.0%57.0%
  62.1%101.1%
  $4.31$10.98
  $377$2,690
  65.1%57.4%
  18.4%11.2%
  16.6%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.3%0.4%
  5.1%3.6%
  13.0%4.1%
  Value of Owner-Occupied Housing
  8.1%2.6%
  7.1%2.4%
  21.1%2.8%
  11.0%3.9%
  9.6%4.5%
  10.2%11.3%
  11.3%13.0%
  14.4%20.1%
  5.0%13.6%
  1.0%8.3%
  0.5%9.7%
  0.6%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  21.8%13.6%
  21.8%13.6%
  10.2%13.6%
  19.3%13.2%
  14.6%14.8%
  10.2%13.6%
  3.6%10.0%
  3.0%4.7%
  9.5%12.2%
Commute