Home prices
The cost of the median home in Red Oak is $207,600. It is approximately $48,380 (30%) higher compared to its surrounding areas.It is approximately $9,900 (4%) lower compared to the rest of the country, and in comparison to the city of Dallas it is roughly $19,500 (10%) higher.
Rents
The median rent in Red Oak is $1,136 per month. Compared to nearby areas it is about $56 (4%) lower.It is roughly $74 (6%) higher in comparison to the US as a whole, and is about $84 (7%) higher compared to the city of Dallas.
Nearby places
Pecan Hill
Pecan Hill is Red Oak's neighbor to the south. The housing prices there are significantly less expensive. The median home in Pecan Hill costs $157,100, which comes out to $50,500 (32%) lower than Red Oak. Rent there is a little more expensive. Pecan Hill's median monthly rent is $1,307, which works out to $171 (13%) higher than Red Oak.
Oak Leaf
Oak Leaf is Red Oak's neighbor to the west. Its real estate prices are a bit more expensive. The median home in Oak Leaf is valued at $248,200, which comes out to $40,600 (16%) higher than Red Oak. The rent there is somewhat more expensive. Oak Leaf's median rent is $1,233 per month, which works out to $97 (7%) higher than Red Oak.
Glenn Heights
Glenn Heights is Red Oak's neighbor to the northwest. Its housing prices are a little less expensive. The price of the median home in Glenn Heights is $162,600, which works out to $45,000 (27%) lower than Red Oak. Rent there is a little more expensive. The median rent in Glenn Heights is $1,362 per month, which works out to $226 (16%) higher than Red Oak.
Lancaster
Lancaster is Red Oak's neighbor to the north. Its housing prices are a lot less expensive. The median home price in Lancaster is $136,700, which works out to $70,900 (51%) lower than Red Oak. Rent there is a little less expensive. The median rent in Lancaster is $1,074 a month, which comes out to $62 (5%) lower than Red Oak.
Ferris
Ferris is Red Oak's neighbor to the east. Its housing prices are a lot less expensive. The median home in Ferris costs $91,500, which comes out to $116,100 (126%) lower than Red Oak. The rent there is somewhat less expensive. Ferris's median monthly rent is $983, which is $153 (15%) lower than Red Oak.