House Prices

House Prices & Home Values Red Oak, IA 2026


Average Data

average house price$58,134
average size per house962 ft²
average price per ft²61 $ / ft²

04/18/2026 - The value range (VR) for house prices in Red Oak, IA is $71/ sqft to $71/ sqft. An average home with 962 sqft costs approximately $68,302 to $68,302. Red Oak, IA includes 1 ZIP codes and it is located in Montgomery county. The lowest prices are found in ZIP 51566, while the highest are in ZIP 51566. The average price per sqare feet is $61. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Red Oak

5156671 $ / ft²




Historical development of home values in Red Oak

Year Estimated value (USD) Change vs. 2025
2010 $26,998 -53.6%
2011 $25,954 -55.4%
2012 $25,885 -55.5%
2013 $26,852 -53.8%
2014 $28,187 -51.5%
2015 $29,634 -49.0%
2016 $31,180 -46.4%
2017 $32,863 -43.5%
2018 $34,680 -40.3%
2019 $36,288 -37.6%
2020 $38,164 -34.4%
2021 $43,408 -25.3%
2022 $50,604 -13.0%
2023 $53,364 -8.2%
2024 $56,451 -2.9%
2025 $58,134 0.0%

Graph: estimated home values in Red Oak over time (USD)



Example: 100% financing house in Red Oak

Loan amount: $58,134

Interest rate: 6.00%

Fixed monthly payment: $348.54

Breakdown in the 1st month:
Interest portion: $290.67  –  Principal portion: $57.87

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $3,468.62 $713.89 $57,420.11
2 $3,424.59 $757.92 $56,662.18
3 $3,377.84 $804.67 $55,857.51
4 $3,328.21 $854.30 $55,003.21
5 $3,275.52 $906.99 $54,096.22
6 $3,219.58 $962.93 $53,133.29
7 $3,160.19 $1,022.33 $52,110.96
8 $3,097.13 $1,085.38 $51,025.58
9 $3,030.19 $1,152.32 $49,873.26
10 $2,959.12 $1,223.40 $48,649.86
11 $2,883.66 $1,298.85 $47,351.01
12 $2,803.55 $1,378.96 $45,972.04
13 $2,718.50 $1,464.02 $44,508.03
14 $2,628.20 $1,554.31 $42,953.71
15 $2,532.33 $1,650.18 $41,303.54
16 $2,430.55 $1,751.96 $39,551.58
17 $2,322.50 $1,860.02 $37,691.56
18 $2,207.78 $1,974.74 $35,716.82
19 $2,085.98 $2,096.53 $33,620.29
20 $1,956.67 $2,225.84 $31,394.44
21 $1,819.38 $2,363.13 $29,031.32
22 $1,673.63 $2,508.88 $26,522.43
23 $1,518.89 $2,663.62 $23,858.81
24 $1,354.60 $2,827.91 $21,030.90
25 $1,180.18 $3,002.33 $18,028.57
26 $995.00 $3,187.51 $14,841.06
27 $798.41 $3,384.11 $11,456.95
28 $589.68 $3,592.83 $7,864.12
29 $368.08 $3,814.43 $4,049.69
30 $132.82 $4,049.69 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Red Oak, IA


1500 sqft3900 sqft
Ø selling price$110,716$235,522
Ø fast selling$100,651$211,969
Ø high price sale$120,781$259,074

In 2026, houses in Red Oak, IA will be offered at an average price of $61 per square foot. A 1,500 sqft home priced at $110,716 is 22.95% more expensive per square foot than a 3,900 sqft home priced at $235,522. Home prices in Red Oak, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $163,053. Sellers who can wait longer may achieve a higher price of up to $199,288.


Explore Red Oak, IA

Overview

Located in Southwest Iowa, Red Oak, IA is a welcoming Montgomery County seat known for its tree-lined streets and small-town charm. Growing with the railroad and agriculture, Red Oak, Iowa blends rich history with modern conveniences and a vibrant arts scene. Visitors and residents appreciate its safe neighborhoods, friendly businesses, and convenient access to regional highways.


Attractions and Lifestyle

The walkable, historic downtown Red Oak features boutique shopping, local dining, and beautifully preserved architecture. Nearby parks and the East Nishnabotna River offer outdoor recreation such as fishing, kayaking, and family picnics. Annual events and community festivals create a lively calendar that strengthens civic pride and draws tourism to Southwest Iowa.


Economy and Education

Red Oak supports a diverse economy with manufacturing, agriculture, healthcare, and small business entrepreneurship. Families value the Red Oak Community School District and access to regional colleges, workforce training, and STEM opportunities.


Travel and Real Estate

Situated near U.S. Highway 34, the city offers easy drives to Omaha, Council Bluffs, and other Midwest hubs for work or weekend getaways. Affordable real estate in Red Oak, a low cost of living, and a collaborative business climate make it an attractive place to live, invest, and grow.



FAQ – Home Values in Red Oak

What is the median home value in Red Oak in 2026?

In 2026, the typical home value in Red Oak is about $58,134 for an average home size of 962 square feet. This corresponds to an average price of roughly $61 per square foot.

What is the average cost per square foot in Red Oak?

In 2026, homes in Red Oak sell for an average of around $61 per square foot, with a typical range between $71 and $71 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Red Oak is about 962 square feet, with an estimated 2026 value around $58,134.



Locations close to Red Oak, IA

Shelby, IA108 $ / ft²
Silver City, IA108 $ / ft²
Soldier, IA28 $ / ft²
Portsmouth, IA102 $ / ft²
Pisgah, IA95 $ / ft²
Persia, IA114 $ / ft²




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