Red Oak Housing Market Report March 2025•Ellis County, Texas

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Housing Prices in Red Oak, TX

How much do homes in Red Oak, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$406,478$180/SqFt
+$12,178
+3.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Red Oak has increased by 3.1% since last year.

Summary: The median home list price in Red Oak was $406,478 in March 2025, up 3.1% from the previous year, and the median price per square foot was $180.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Red Oak
+3.1%
Ferris
-0.3%
Waxahachie
-1.2%
Glenn Heights
-1.3%
Lancaster
-1.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$489.9K-
N/A
2$205K$282.5K
+37.8%
3$349.9K$350K
0.0%
4$399.9K$425.2K
+6.3%
5$505K$552.2K
+9.3%

Summary: Red Oak housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +37.8%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes increased by +9.3%.

How does Red Oak, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Red Oak, TX

Housing supply in Red Oak, TX

How many homes are available in Red Oak, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
202Last MonthMar 2025
1832 months agoFeb 2025
+10.4 %
Change MoMFeb – Mar

Summary: The Red Oak real estate market had 202 homes for sale in Mar 2025, a 10.4 % increase compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
235
+66.7%
35663
+12.5%
49095
+5.6%
53439
+14.7%

Summary: Red Oak housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes increased by +5.6%. The inventory for 5 bedroom homes increased by +14.7%.

Asking Price vs. Sold Price

How much do homes in Red Oak, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Red Oak, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Red Oak in March 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Red Oak, TX

How long does it take to sell a home in Red Oak, TX?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Red Oak are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 30 homes were sold in Red Oak; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
101 DaysThis YearMar 2025
138 Days1 year agoMar 2024
-26.2 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Red Oak had an average listing age of 101 days in Mar 2025, down by 26.2% compared to the previous year.

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Newest Listings in Red Oak, TX

What homes are available in Red Oak, TX?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from North Texas Real Estate Information Systems Inc., for the period 04/01/2023 - 04/01/2025

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/9/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.