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Red Oak, NC Housing

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As of 2010-2014, median price of a house in Red Oak is $213,900, which is higher than the state average of $153,600 and is higher than the national average of $175,700. The Red Oak median house value has grown by 68.69% since 2000. The growth rate for the price of a house in Red Oak is higher than the state average rate of 41.83% and is higher than the national average rate of 46.91%. The median year that a house in Red Oak was built is 1992, which is newer than the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,220 Owner Occupied Houses in Red Oak, NC, #111

Red Oak, NC	213,900 USD
North Carolina	153,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #121

Red Oak, NC	68.69%
North Carolina	41.83%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Red Oak, NC	North Carolina	U.S.
Total Housing Units	1,426, see rank, 100%	4,385,668	132,741,033
Occupied Housing Units	1,304, 91.44%, see rank	85.34%	87.55%
Owner Occupied	1,220, 85.55%, see rank	56.13%	56.34%
Renter Occupied	84, 5.89%, see rank	29.20%	31.21%
Vacant Housing Units	122, 8.56%, see rank	14.66%	12.45%
For Rent	0, 0.00%, see rank	2.65%	2.34%
For Sale Only	0, 0.00%, see rank	1.41%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.78%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	4.81%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	122, 8.56%, see rank	4.98%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #81

Red Oak, NC	North Carolina	U.S.
1992	1986	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Red Oak, NC	%	North Carolina	U.S.
Owner-Occupied Units	1,220	100%	2,461,741	74,787,460
With a Mortgage	979	80.25%, see rank	66.10%	65.58%
Without a Mortgage	241	19.75%, see rank	33.90%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Red Oak, NC	1,326 USD
North Carolina	1,272 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Red Oak, NC	%	North Carolina	U.S.
$299 or Less	14	1.43%, see rank	0.29%	0.20%
$300 to $499	0	0.00%, see rank	2.34%	1.59%
$500 to $699	52	5.31%, see rank	6.85%	5.01%
$700 to $999	130	13.28%, see rank	20.33%	14.32%
$1,000 to $1,499	394	40.25%, see rank	34.42%	27.90%
$1,500 to $1,999	166	16.96%, see rank	18.69%	20.35%
$2,000 to $2,999	162	16.55%, see rank	12.57%	19.52%
$3,000 or More	61	6.23%, see rank	4.51%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Red Oak, NC	21.80% of the Total Income
North Carolina	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Red Oak, NC	%	North Carolina	U.S.
10% or Less	161	16.45%, see rank	6.41%	5.86%
10% to 20%	258	26.35%, see rank	34.98%	31.95%
20% to 30%	328	33.50%, see rank	27.06%	27.64%
30% to 40%	82	8.38%, see rank	12.56%	13.74%
40% or More	150	15.32%, see rank	18.39%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Red Oak, NC	445 USD
North Carolina	373 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Red Oak, NC	%	North Carolina	U.S.
$199 or Less	57	23.65%, see rank	10.23%	7.76%
$200 to $299	28	11.62%, see rank	21.81%	14.70%
$300 to $499	46	19.09%, see rank	41.59%	34.63%
$500 to $699	67	27.80%, see rank	16.79%	21.16%
$700 or More	43	17.84%, see rank	9.58%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Red Oak, NC	11.40% of the Total Income
North Carolina	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Red Oak, NC	%	North Carolina	U.S.
10% or Less	97	40.25%, see rank	41.92%	40.19%
10% to 20%	101	41.91%, see rank	31.16%	31.47%
20% to 30%	16	6.64%, see rank	12.06%	12.24%
30% to 40%	27	11.20%, see rank	5.28%	5.64%
40% or More	0	0.00%, see rank	8.16%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Red Oak, NC	North Carolina	U.S.
Total Housing Units	1,426, 100%	4,385,668	132,741,033
1-unit, Detached	1,212, 84.99%, see rank	65.33%	61.65%
1-unit, Attached	20, 1.40%, see rank	3.82%	5.82%
2 Units	0, 0.00%, see rank	2.14%	3.75%
3 or 4 Units	0, 0.00%, see rank	2.74%	4.43%
5 to 9 Units	0, 0.00%, see rank	4.44%	4.78%
10 or More Units	0, 0.00%, see rank	7.98%	13.08%
Mobile Home, Boat, RV, Van, etc.	194, 13.60%, see rank	13.55%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Red Oak, NC	North Carolina	U.S.
Total Housing Units	1,426, 100%	4,385,668	132,741,033
1 Room	0, 0.00%, see rank	1.18%	1.95%
2 Rooms	0, 0.00%, see rank	1.51%	2.48%
3 Rooms	11, 0.77%, see rank	6.93%	9.13%
4 Rooms	99, 6.94%, see rank	17.44%	16.60%
5 Rooms	172, 12.06%, see rank	23.63%	20.41%
6 Rooms	399, 27.98%, see rank	18.81%	18.06%
7 Rooms	336, 23.56%, see rank	12.36%	12.27%
8 Rooms	154, 10.80%, see rank	8.08%	8.48%
9 Rooms or More	255, 17.88%, see rank	10.08%	10.60%
Median Rooms	6.60, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Red Oak, NC	North Carolina	U.S.
Total Housing Units	1,426, 100%	4,385,668	132,741,033
No Bedroom	0, 0.00%, see rank	1.26%	2.17%
1 Bedroom	0, 0.00%, see rank	6.61%	11.16%
2 Bedrooms	159, 11.15%, see rank	26.47%	26.69%
3 Bedrooms	760, 53.30%, see rank	47.54%	39.70%
4 Bedrooms	459, 32.19%, see rank	14.55%	16.05%
5 or More Bedrooms	48, 3.37%, see rank	3.57%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Red Oak, NC	North Carolina	U.S.
Total Housing Units	1,304, 100%	3,742,514	116,211,092
Utility Gas	0, 0.00%, see rank	24.68%	48.85%
Bottled, Tank, or LP Gas	581, 44.56%, see rank	8.00%	4.86%
Electricity	647, 49.62%, see rank	60.27%	36.68%
Fuel Oil, Kerosene, etc.	36, 2.76%, see rank	4.34%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	40, 3.07%, see rank	2.17%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.15%	0.47%
No Fuel Used	0, 0.00%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Red Oak, NC	North Carolina	U.S.
Occupied Units Paying Rent	65, 100%	1,186,631	39,201,928
$199 or Less	12, 18.46%, see rank	1.77%	1.50%
$200 to $299	0, 0.00%, see rank	3.01%	3.18%
$300 to $499	0, 0.00%, see rank	9.02%	7.37%
$500 to $699	0, 0.00%, see rank	23.78%	16.01%
$700 to $999	13, 20.00%, see rank	35.90%	29.17%
$1,000 to $1,499	40, 61.54%, see rank	21.06%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	3.82%	9.79%
$2,000 or More	0, 0.00%, see rank	1.64%	6.10%
Median	$1,047, see rank	$790	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Red Oak, NC	North Carolina	U.S.
Occupied Housing Units	1,304, 100%	3,742,514	116,211,092
No Vehicles Available	24, 1.84%, see rank	6.54%	9.12%
1 Vehicles Available	192, 14.72%, see rank	32.77%	33.80%
2 Vehicles Available	364, 27.91%, see rank	38.61%	37.48%
3 or More Vehicles Available	724, 55.52%, see rank	22.08%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.