Red Oak, OK Foreclosures
How much do homes sell for in Red Oak, OK?
The average home price is currently $136,912.
In Red Oak, OK, how many homes are available?
There are currently 2 active home listings available in Red Oak.
What’s the average rental cost in Red Oak, OK?
The average rental price in Red Oak is $925.
What is the most expensive home in Red Oak?
The most expensive home sold in Red Oak had a price of $958,757.
What is currently the cheapest priced home in Red Oak, OK?
The cheapest home for sale in Red Oak is priced at $11,440.
Living in Red Oak, OK
Red Oak, Oklahoma, is a charming small town that offers a peaceful lifestyle surrounded by beautiful nature. The community focuses on family values, with excellent local schools and amenities. With plenty of outdoor activities and a welcoming atmosphere, it's an excellent place to call home.
Current Market Conditions in Red Oak, OK
The real estate market in Red Oak is showing signs of stability, with an increase in home prices over the past few months. There is a steady demand for homes as more people seek refuge in the tranquility of rural living, especially post-pandemic.
Interest from first-time buyers is growing as well, and there is a noted increase in home renovations and updates as homeowners seek to enhance their properties, contributing to a gradual increase in overall property value.
Home Value Estimator For Red Oak, OK
There are currently 426 real estate properties
in Red Oak, OK,
with a median automated valuation model (AVM) price
of $101,013.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Red Oak, OK, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Red Oak, OK,
is $136,912.00, with the most expensive house
in Red Oak, OK, topping out
at $958,757.00 and the cheapest home
in Red Oak, OK,
clocking in at $11,440.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Red Oak, OK!
Rent Prices
In Red Oak, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Red Oak, OK, is on
a rollercoaster ride. The
average rent price in Red Oak, OK,
is $925.00. Indeed, when looking to rent in
Red Oak, OK, you can expect to pay as little
as $560.00 or as much
as $2,040.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Red Oak, OK
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.