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Preforeclosure Homes in Red Oak, TX 75154

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Red Oak, TX Foreclosures

How much do homes sell for in Red Oak, TX?
The average home price is currently $356,964.
In Red Oak, TX, how many homes are available?
There are currently 58 active home listings available in Red Oak.
What’s the average rental cost in Red Oak, TX?
The average rental price in Red Oak is $1,609.
What is the most expensive home in Red Oak?
The most expensive home sold in Red Oak had a price of $22,058,800.
What is currently the cheapest priced home in Red Oak, TX?
The cheapest home for sale in Red Oak is priced at $13,023.

Living in Red Oak, TX

Red Oak, TX, is a growing suburb that offers a friendly community vibe, great schools, and ample recreational activities. It combines small-town charm with easy access to the Dallas-Fort Worth metroplex, appealing to families and professionals. Enjoy a quality lifestyle with a variety of amenities just a short drive away.

Current Market Conditions in Red Oak, TX

The real estate market in Red Oak has been steadily growing, with a significant increase in housing demand over the past few months. More families are relocating to the area due to its affordability compared to Dallas along with the quality education options. As a result, home prices have shown consistent appreciation, making it an attractive market for both buyers and sellers.

Currently, homes in Red Oak are experiencing a competitive market scenario with an increase in multiple offer situations. Buyers should be prepared to act quickly as properties tend to sell within a short time frame. The rising popularity of the area has led to an influx of new developments, further contributing to market traction.

Home Value Estimator For Red Oak, TX

There are currently 11,098 real estate properties in Red Oak, TX, with a median automated valuation model (AVM) price of $336,700.00. 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, TX, 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, TX, is $356,964.00, with the most expensive house in Red Oak, TX, topping out at $22,058,800.00 and the cheapest home in Red Oak, TX, clocking in at $13,023.00. In other words, there’s something for every potential homebuyer or savvy investor in Red Oak, TX!

Rent Prices In Red Oak, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Red Oak, TX, is on a rollercoaster ride. The average rent price in Red Oak, TX, is $1,609.00. Indeed, when looking to rent in Red Oak, TX, you can expect to pay as little as $630.00 or as much as $3,820.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Red Oak, TX -- 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.

Red Oak, TX 75154 Preforeclosure Homes

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