Home Sales Decline in Red Oak Real Estate Market

In this week's report, the number of homes sold in the Red Oak market plummeted to 23 over the past 30 days, a decrease of 25.8% from last week's report, but still above the monthly average. On the other hand, close-by Dallas registered 936 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Red Oak, and this period the median price of all sales fell from $187,900 to $184,900. With only two months of inventory to sell, Red Oak is a solid seller's market, in spite of the dip in sales.

Any of these new listings in Red Oak could be your dream home, so be sure to check them out:

$244K   $215K   $310K  

Get started right now by checking out Red Oak homes for sale or reviewing Red Oak real estate trends.

Demographic facts about Red Oak:

  • This area has a population growth rating of 89. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 85.6 per 100,000 people.
  • The health cost index score in this area is 100.5. (100 = national average)
  • 78.0% of the residents travel to work in an automobile, 12.4% via carpool, and 1.2% by way of public transit.

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Keller Williams
4 reviews
404-784-5759
Snapped 2 homes in this area
Abbie Castle
Snapped 4 homes in this area

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