Red Oak, NC

Buyer's market-9.1% YoY

Housing market overview · Updated weekly

$399,900median sale price

Homes sold

1

Last 12 weeks

Days on market

412

Average pace

Active listings

19

19.0 months supply

Sale-to-list

100.0%

Above asking

The Red Oak housing market is currently classified as a buyer's market with a median sale price of $399,900. Prices have fallen 9.1% compared to last year, with homes spending an average of 412 days on market, indicating 19.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Red Oak

There are currently 19 homes listed for sale in Red Oak, North Carolina. The median listing price is $399K.

Active listings

19

Homes on market

Median list price

$399K

Avg. days on market

412

Days until sale

New this week

1

Newly listed

Price drops:10.5%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Red Oak?

The median home sale price in Red Oak is $399,900, down 9.1% from last year.

How long do homes stay on market in Red Oak?

Homes typically spend 412 days on market before going under contract.

Is Red Oak a buyer's or seller's market?

With 19.0 months of supply, Red Oak is currently a buyer's market.

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