51566 Home Values & Market Trends
There are 87 homes currently listed for 51566. 51566 real estate market trends show that home prices range from $55,000 to $549,000, and the median sales price in the 51566 zip code is $144,908. The total number of properties sold within the past twelve months is 95. In 51566, 7 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
Housing Market Summary for 51566
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $189.9K | $189.9K | - |
| Median Sold Price | $112.9K | $124.2K | 9.97% |
| Homes For Sale | 92 | 87 | -5.43% |
| Homes Sold | 12 | 38 | 216.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 51566
Browse Homes in 51566
The median list price of a home in Red Oak, is $144,908. A total of 87 properties are for sale, and the percentage of properties for sale in the zip code is 87.00%. The total count of 51566 properties is 138.
- Pre-ForeclosurePre-foreclosure homes account for 2.90% of all residential properties in 51566 with red oak containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 51566; of that cities, the estimated home value for pre-foreclosure homes ranges from $218,972 in red oak to the lowest home value of $83,424 in red oak.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 51566 ranges from the highest value of $155,153 in red oak to the lowest value of $155,153 in red oak. Bank owned homes and properties account for 0.72% of properties in 51566. There is 1 cities within 51566; red oak containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsred oak has 2 auction properties, the highest number of properties going to auction in a single city in the state of 51566. Auction homes and other auction properties account for 1.45% of all properties in 51566. There is 1 cities within 51566; of that cities, the median estimated home value for homes going to auction ranges from $179,125 in red oak to the lowest value of $92,896 in red oak.
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Guide for 51566
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
