Red Oak, TX housing market
What's happening in the Red Oak market right now.
Buyer's or seller's market?
Red Oak, TX is a balanced market: homes in Ellis County sell in a median of 60 days, and the number for sale is +3.7% on a year ago. Neither side has a clear edge.
12-month outlook
−3% to +1% for the typical Red Oak home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Ellis County as a whole.
Red Oak market — questions answered
What is the typical home value in Red Oak, TX?
$344,402 as of August 2026, −1.5% on a year earlier (Zillow Home Value Index).
Are home prices going up in Red Oak, TX?
No — the typical home value changed −1.5% over the year to August 2026 and +14.8% over five years.
Is Red Oak, TX a buyer's or seller's market?
It's balanced: the median home in Ellis County sells in 60 days (Realtor.com, August 2026).
How much is rent in Red Oak, TX?
The typical rent is $2,168 a month as of August 2026, +5.8% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Red Oak, TX?
1,065 homes were listed for sale across Ellis County in August 2026 (Realtor.com).
Who are the best real estate agents in Red Oak, TX?
Homegrity lists license-verified Red Oak agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/red-oak.