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.