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USAOklahomaRed Oak

Red Oak, Oklahoma Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
26
Sold (12M)
19
Median Price
$44K
Market Condition
Balanced Market

Red Oak, Oklahoma Market Meter

Buyer'sSeller's
Balanced Market

8.7 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$44K
Avg Price/Acre
$5K
Avg Days on Market
212
Months of Supply
8.7
YoY Price Change
-81.7%
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres------
1-2 acres------
2-5 acres-34446
5-10 acres-11333
10-20 acres111344
20-50 acres1234712
50-100 acres-12357
100+ acres-11267
TOTAL2912192939
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
2-5 acres4 sold / 0 listed
5-10 acres3 sold / 2 listed
10-20 acres3 sold / 4 listed
20-50 acres4 sold / 1 listed
50-100 acres3 sold / 5 listed
100+ acres2 sold / 11 listed

Median Price by Acreage

$0$103K$205K
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.3M
Last 12 months
Active Listings
26
Current inventory
Avg Days on Market
212
Time to sell
Price Trend (YoY)
-81.7%
Year over year

Red Oak, Oklahoma Land Market Analysis

How much is land worth in Red Oak, Oklahoma?

The median price for land in Red Oak, Oklahoma is currently $5K per acre. For a typical parcel, the median sale price is $44K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $119K.

Is now a good time to buy land in Red Oak, Oklahoma?

Red Oak, Oklahoma is currently a balanced market with 8.7 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 81.7% year-over-year.

What is the months of supply for land in Red Oak, Oklahoma?

Red Oak, Oklahoma currently has 8.7 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the total land for sale in Red Oak, Oklahoma?

There are currently 26 active listings in Red Oak, Oklahoma. 8 new listings have hit the market in the last 90 days. The median asking price is $205K.

What is the average price per acre in Red Oak, Oklahoma?

Land in Red Oak, Oklahoma averages $4K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 17.0 acres.

Is now a good time to invest in land in Red Oak, Oklahoma?

The current absorption rate in Red Oak, Oklahoma is 11.5% (3-month basis), indicating moderate demand. With depreciating values (-81.7% YoY), buyers may find value opportunities. The top-performing broker in this market is Cardenas & Associates Realty LLC.

What is the absorption rate for land in Red Oak, Oklahoma?

The 3-month absorption rate in Red Oak, Oklahoma is 11.5%. The 12-month rate is 6.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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Oklahoma Counties

  • Adair County, Oklahoma Land Stats
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  • Kiowa County, Oklahoma Land Stats
  • Latimer County, Oklahoma Land Stats
  • Le Flore County, Oklahoma Land Stats
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Other Cities in Latimer County

  • Gowen, Oklahoma Land Stats
  • Panola, Oklahoma Land Stats
  • Talihina, Oklahoma Land Stats
  • Wilburton, Oklahoma Land Stats

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