Last updated November 14, 2026

Red Oak, TX housing inventory: how many homes compete with yours?

Red Oak had 78 single-family homes for sale at the end of October 2026, down from 89 a year earlier (NTREIS, October 2026). New listings fell 47%, from 32 to 17. Fewer homes compete with yours, but buyers still paid 93.6% of list. Less competition helps you sell faster. It does not let you price higher than the closed sales.

Steven J. Thomas, Broker, Refind Realty DFW · Loan Officer, Envision Home Lenders, NMLS #689220. Baylor financial planning degree, 20+ years in financial services.

How many homes are for sale in Red Oak, TX right now?

At the end of October 2026, 78 single-family homes were listed for sale in Red Oak, 12% fewer than the 89 a year earlier. Only 17 new listings came on in October, against 32 in October 2025. Nineteen homes closed in both months, so buyers did not leave. Sellers held back.

Those figures come from the NTREIS Monthly MLS Summary Report for October 2026, prepared by the Texas Real Estate Research Center at Texas A&M for MetroTex and posted November 10. They count single-family homes sold through the MLS. Builder direct sales are not in the count.

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

Red Oak sits in the middle. It had 4.3 months of supply in October 2026, up from 3.6 a year earlier (NTREIS). Under about four months tends to favor sellers, and six or more favors buyers. Red Oak is balanced, and leaning slightly further toward buyers than it did last fall.

That number can look odd next to the drop in listings. Months of supply divides active listings by the recent pace of sales, so a slower year of closings pushes it up even when fewer homes are listed. Ellis County as a whole ran 5.0 months in October (NTREIS, single family).

Red Oak, single family	Oct 2026	Oct 2025	Change
Active listings	78	89	-12%
New listings	17	32	-47%
Closed sales	19	19	0%
Pending sales	14	16	-13%
Median days on market	72	116	-44 days
Months of supply	4.3	3.6	+0.7
Sold-to-list ratio	93.6%	94.0%	-0.4 pts
Median sold price	$398,745	$405,900	-1.8%

Source: NTREIS Monthly MLS Summary Report, October 2026. Small monthly counts swing; read them as direction, not a forecast.

Does less competition mean I can ask more for my house?

No. Buyers paid 93.6% of list in Red Oak in October 2026, about $25,500 under asking on the $398,745 median (NTREIS). That is the lowest sold-to-list ratio of the nine Southwest DFW towns I track. Fewer listings shortened the wait. They did not raise what buyers would pay.

The asking side tells the same story. The median list price of active Red Oak homes was $444,990 in October, while the typical home's estimated value moved 0.70% lower over 12 months to $362,200 (RPR, October 2026). The homes still sitting are priced well above what is closing.

This is why I don't trust an online estimate to set a price. A Zestimate does not walk through your house, and it does not know which of the 78 listings a buyer will compare yours to. If you want to see how your price stacks up, see where Red Oak sellers land against their asking price.

How fast are Red Oak homes selling?

Faster than last year. The median Red Oak home that closed in October 2026 took 72 days, down from 116 days in October 2025 (NTREIS). Days on market fell in seven of the nine Southwest DFW towns. The homes that priced off recent closings went quicker. The ones priced off the asking side sat.

For the full timeline from listing to closing, here is how long it takes to sell a house in Red Oak.

What should a Red Oak seller do with this?

Use the low listing count to get seen, and use closed sales to set your price. With 17 new listings in a month, a well-priced home stands out in buyer searches. Price it near the 93.6% reality, prep it before photos, and plan for roughly 72 days to sell, based on current conditions.

1. Pull your real competition. Look at the actives a buyer would tour alongside yours: same size, age and school zone. That is a short list in Red Oak right now.
2. Price off what closed in the last 90 days. The $444,990 median asking price is what sellers hope for. The $398,745 median sold price is what buyers paid.
3. Decide on concessions up front. Some buyers want help with rate or closing costs instead of a lower price. Here is how a price cut compares with a rate buydown for Red Oak sellers.
4. List before the spring wave. New listings fell 47% this fall. Sellers who wait for spring usually list together.

Want a number for your house before you decide? Get your free Home Selling Score and I'll show you where it fits against today's Red Oak competition.

More on the city: buying and selling in Red Oak, TX.

FAQ: Red Oak housing inventory

Is Red Oak inventory going up or down?

Down. Active single-family listings fell from 89 to 78 between October 2025 and October 2026, and new listings dropped from 32 to 17 (NTREIS). One month is a small sample, so watch the next two reports before you read it as a trend.

Why did months of supply rise if listings fell?

Months of supply compares active listings with the recent pace of sales. Red Oak's sales pace over the past year slowed, so the ratio rose to 4.3 months even with fewer homes listed. Both numbers come from the same NTREIS October 2026 report.

How much below asking do Red Oak homes sell?

Homes closed at 93.6% of list in October 2026, about $25,500 under asking on the median (NTREIS). Homes priced right from day one tend to close closer to list. Homes that start high often sell after a cut.

Is now a good time to sell in Red Oak?

With fewer competing listings and faster sales than last year, fall can work well for a priced-right home, based on current conditions. The right answer depends on your equity, your next move and your timeline. A walk-through settles the price.

Does a Zestimate count Red Oak inventory?

No. Online estimates model past sales and public records. They do not see your condition, your updates or the specific homes a buyer will compare yours with this month.

Where does this data come from?

Market counts come from the NTREIS Monthly MLS Summary Report for October 2026, posted November 10, 2026. Asking-price and typical-value figures come from RPR's October 2026 Red Oak market report.

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About the author

Steven J. Thomas holds a financial planning degree from Baylor University and has more than 20 years in financial services. He is the Broker at Refind Realty DFW (TREC Broker License #0657467) and a Loan Officer at Envision Home Lenders (NMLS #689220), based in DeSoto, TX. Call or text 972-846-9170.

Data is based on current conditions and is not a guarantee of future prices, timelines or outcomes. The Texas Real Estate Commission's Information About Brokerage Services and Consumer Protection Notice are available on request. Refind Realty DFW is an equal housing opportunity business.