Last updated October 19, 2026

Are Red Oak, TX Home Prices Going Up in 2026?

Red Oak's median sold price rose 8.0% to $382,495 in September 2026, from $354,000 a year earlier (NTREIS). That is the biggest gain among the nine Southwest DFW towns we track. Red Oak had only 17 sales, so treat it as a direction, not a decimal. Based on current conditions.

The price moved up while the rate moved up too. The payment is where a buyer feels both.

Are Red Oak home prices going up?

On the board's September numbers, yes. Red Oak's median sold price is $382,495, up 8.0% from September 2025. Days on market fell from 77 to 58. Months of supply rose from 3.2 to 4.5, so buyers have more choice even as the median climbed.

Red Oak, single family	Sep 2026	Sep 2025
Median sold price	$382,495	$354,000
Closed sales	17	not shown here
Active listings	83	not shown here
Days on market	58	77
Months of supply	4.5	3.2
Sold-to-list ratio	95.8%	not shown here

Source: NTREIS Monthly MLS Summary Report, September 2026, released October 7, 2026. MLS sales only; builder direct sales are not included, so a new build costs more than this median shows.

Is Red Oak rising while the rest of the corridor falls?

Part of it. In September, Red Oak was up 8.0%, Mansfield 5.4%, Glenn Heights 2.9%, and Waxahachie 2.0%. Duncanville fell 14.7% and Cedar Hill fell 9.3% (NTREIS). Ellis County, where Red Oak sits, was up 5% at $422,450. Dallas County was flat at $360,000. One metro, a 23-point spread between towns.

What does the higher price do to your monthly payment?

At 20% down, a buyer at Red Oak's median now pays about $2,119 a month in principal and interest at 7.40%. A buyer at last year's median and last year's rate paid about $1,747. That is $371 more a month, or $4,452 a year, in the same town (my arithmetic).

	Sep 2026 median	Sep 2025 median
Price	$382,495	$354,000
Loan (20% down)	$305,996	$283,200
30-year rate	7.40%	6.27%
Principal and interest	about $2,119	about $1,747
APR	7.48%	6.34%

Rates are Freddie Mac's 30-year averages from the Primary Mortgage Market Survey, release of October 15, 2026, which shows the year-ago figure. They are survey averages, not a quote. APR is my calculation: $1,495 in lender fees, no points, 15 days of prepaid interest, no mortgage insurance. Payments exclude taxes, insurance, and HOA.

How much room do you have to negotiate in Red Oak?

Red Oak homes closed at 95.8% of list price in September (NTREIS). On the $382,495 median, that is roughly $16,800 under asking (my arithmetic on the board figures). Expect less slack than in DeSoto. A rate buydown or closing credit often does more for your payment than a lower price, which is why the 15-year versus 30-year math on a Red Oak new build is worth a look.

What should a Red Oak buyer do now?

Know your real payment before you tour. Your credit tier changes the rate, and the rate changes what you can offer, as what your credit score costs you building in Red Oak shows. If your pre-approval letter predates the 7% prints, read why your Red Oak pre-approval was written at a different rate. Then see the area on the Red Oak, TX realtor page.

Next step: Get pre-approved in minutes and see the real payment on a Red Oak home.

FAQ: Red Oak home prices

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

Balanced. Red Oak had 4.5 months of supply in September 2026, up from 3.2 a year earlier (NTREIS).

How long do Red Oak homes take to sell?

The median was 58 days in September 2026, down from 77 a year earlier (NTREIS).

How many homes are for sale in Red Oak?

83 active single-family listings at the end of September 2026 (NTREIS).

Is 8% a reliable number?

It rests on 17 closings. City medians on that few sales swing with the mix of homes, so use the direction and ask for comps on a specific house.

Does the median include new construction?

Only MLS-listed new builds. Builder direct sales are not in the board report, so ask for the builder's current price sheet and incentives.

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Steven J. Thomas, Broker, Refind Realty DFW · Loan Officer, Envision Home Lending LLC, NMLS #689220. Steven holds a financial planning degree from Baylor University and has more than 20 years in financial services, plus 14 in real estate.

TREC Broker License #0657467 · Company NMLS #2619789. Rates, payments, and APR are examples based on current conditions, not a loan offer or a guarantee of price or outcome. Read the TREC Information About Brokerage Services and Consumer Protection Notice. Equal Housing Opportunity.