Red Oak, IA Real Estate

According to census data in the year 2000 there were 2,978 housing units in Red Oak. This represents a 2.3% growth from 2,911 in 1990.

Of those housing units, 2,941 were located in either urbanized areas or urban clusters, and 37 were located in what is classified as a rural area.

Homeownership rate in Red Oak is about 68.9%. Red Oak's vacancy rate, including seasonal lodging, is about 10.3%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Red Oak were built after 1950.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom12.80%
Two Bedrooms41.80%
Three Bedrooms32.30%
Four Bedrooms10.80%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1946
Median Value of occupied units$57,300
Median Price asked for vacant units$82,100

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1955
Median Monthly Rent asked for vacant units$316

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.40%
Home Equity Loan5.80%
Simple Mortgage40.40%
Debt Free45.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%