Commercial Real Estate Market in Red Oak, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
93 active listings and 628 off-market properties in Red Oak, TX. Commercial property asks $75/SF to buy and $22.04/SF/Yr to lease.
Market Trends
Red Oak, TX spans 47.8 square miles in Ellis County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Red Oak, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Red Oak, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Red Oak, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Red Oak, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Red Oak, TX has 45,894 residents in 17,170 households. Density runs 960 people per square mile. Median household income here is $96,150 and median gross rent $1,446 a month.
45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oak Leaf | — | — |
| Glenn Heights | — | — |
| Ovilla | — | — |
| Desoto | — | — |
Commercial property in Red Oak, TX asks $75/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Red Oak?
Commercial property in Red Oak, TX asks an average of $75 per square foot.
How much does it cost to lease commercial space in Red Oak?
Asking lease rates in Red Oak, TX average $22.04 per square foot per year.
Where does Realmo's Red Oak market data come from?
Realmo compiles Red Oak, TX figures from 73 active sale listings, 20 active lease listings, 628 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 73 active for-sale and 20 active for-lease listings in Red Oak, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
