Is now a good time to buy land in Red Oak, Texas?
Red Oak, Texas is currently a strong buyer's market with 13.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
13.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 11 |
| 1-2 acres | 1 | 3 | 5 | 5 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 5 | 8 | 17 |
Red Oak, Texas is currently a strong buyer's market with 13.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
Red Oak, Texas currently has 13.8 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Red Oak, Texas is 7.3%. The 12-month rate is 6.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Red Oak, Texas is 7.3% (3-month basis), indicating slow demand.
Land in Red Oak, Texas typically sells within 67 days of listing. The median time on market is 33 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Red Oak, Texas saw 17 properties sold. In just the last 3 months, 5 properties changed hands.
There are currently 23 active listings in Red Oak, Texas. 8 new listings have hit the market in the last 90 days. The median asking price is $300K.
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.