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 Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1946|
|Median Value of occupied units||$57,300|
|Median Price asked for vacant units||$82,100|
Rented Homes, Apartments and Condos
|Average Household Size||1.69|
|Median year structure was built||1955|
|Median Monthly Rent asked for vacant units||$316|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.7%|