Red Oak, TX 75154 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Red Oak, TX—75154

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$347,000

2.2% YoY Growth

Household Income

$96,200

27.3% YoY Growth

Days on Market

4.0% Longer YoY

Home Price Forecast

-0.2%

Median Rent

$2,300

0.9% YoY Growth

1-Bed Rent

$1,210

4.8% YoY Growth

2-Bed Rent

$1,460

1.9% YoY Growth

3-Bed Rent

$2,200

0.9% YoY Growth

Home Price Trends — Red Oak, TX

As of Dec '25, the median home price in Red Oak, TX is $347,000, with a year-over-year change of -2.2%. This indicates that home prices in Red Oak, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$347,000	-2.2%
Single Family	$347,000	-2.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Red Oak, TX

As of July '25, Rentcast reports the average rent in Red Oak, TX is $2,320, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Red Oak, TX is 1-bedrooms: $1,300, 2-bedrooms: $1,530, 3-bedrooms: $2,220, 4-bedrooms: $2,540. The most common rental property sizes in Red Oak, TX are 3-bedroom and 2-bedroom, accounting for 38.0% and 27.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,320
Studio Rent	N/A	N/A
1 Bed Rent	$1,210	$1,300
2 Bed Rent	$1,460	$1,530
3 Bed Rent	$2,200	$2,220
4 Bed Rent	$2,500	$2,540

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% of Rental Stock

1 Bedroom

14.1%

2 Bedrooms

27.5%

3 Bedrooms

38.0%

4 Bedrooms

18.0%

5+ Bedrooms

2.4%

Property Listings — Red Oak, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Red Oak, TX is 58. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$399,000	-3.0%
Listing Count	207	-7.0%
Listings as % of Homes	1.2%	-7.0%
Days on Market	63	4.0%

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Demographics — Red Oak, TX

As of the latest ACS Survey released in 2023, Red Oak, TX has a population of 50,200, which has increased by 25.6% over the past 5 years. Red Oak, TX is a popular place for families, as children make up 25.7% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	50,200	25.6%
% Under 18	25.7%	-7.9%
% Seniors	11.8%	13.5%
% WFH	14.1%	88.0%
% w/ College Degree	31.0%	28.1%

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As of the latest ACS Survey released in 2023, Red Oak, TX is a predominantly white area, with 38.5% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Red Oak, TX is black, making up 30.5% of the population. Foreign-born residents account for 9.1% of the population in Red Oak, TX, and this percentage has decreased by 1.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	38.5%	-10.7%
% Black	30.5%	15.5%
% Hispanic	27.2%	1.1%
% Asian	1.3%	160.0%
% Foreign Born	9.1%	-1.1%

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Mortgage and Risk — Red Oak, TX

According to HUD data as of 2023, there were 961 mortgage originations in Red Oak, TX, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Red Oak, TX. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	961
% Conventional Loans	48.0%
% Government Loans	52.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Red Oak, TX

As of 2024, the percent of homes in Red Oak, TX under the Section 8 program is 10.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Red Oak, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	286
Total Units Section 8	286
% Rentals under Section 8	10.6%
% Occupied Section 8	77.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$400	$1,210	$1,610
2 Bedroom	$430	$1,460	$1,890
3 Bedroom	$170	$2,200	$2,370
4 Bedroom	$540	$2,500	$3,040

Red Oak, TX—75154

Key Metrics at a Glance

Home Price Trends — Red Oak, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Oak, TX

% of Rental Stock

Property Listings — Red Oak, TX

Demographics — Red Oak, TX

Race and Ethnicity

Mortgage and Risk — Red Oak, TX

Mortgages

Rentals and Section 8 — Red Oak, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Oak, TX

Home Price to Income Ratio

Red Oak, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Lancaster, TX

Desoto, TX

Lancaster, TX

Oak Cliff, Dallas, TX

Duncanville, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$347,000
Median Household Income	$96,200

Red Oak, TX—75154

Key Metrics at a Glance

Home Price Trends — Red Oak, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Oak, TX

% of Rental Stock

Property Listings — Red Oak, TX

Demographics — Red Oak, TX

Race and Ethnicity

Mortgage and Risk — Red Oak, TX

Mortgages

Rentals and Section 8 — Red Oak, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Oak, TX

Home Price to Income Ratio

Red Oak, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Lancaster, TX

Desoto, TX

Lancaster, TX

Oak Cliff, Dallas, TX

Duncanville, TX

Frequently Asked Questions

What is the average home price in Red Oak, TX 75154?

How have home prices in Red Oak, TX 75154 changed over the past year?

What is the home price projection for Red Oak, TX 75154?

What are the demographics of Red Oak, TX 75154?

How long does it take homes to sell in Red Oak, TX 75154?

What is the average rent price in Red Oak, TX 75154?