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Featured local agent — Oak Ridge, NJ
Sarah Mitchell
Compass Real Estate · Oak Ridge, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Ridge, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$582,000median sale price
How is the Oak Ridge, NJ housing market right now?
The median home sale price in Oak Ridge, NJ is $582,000, up 29.0% year-over-year. Homes sell in an average of 19 days with 30 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oak Ridge a buyer's or seller's market?
Oak Ridge, NJ is currently a strong seller's market, based on 2.7 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
19
Fast-moving
Active listings
30
2.7 months supply
Sale-to-list
105.0%
Above asking
What does the Oak Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $582,000 |
| Median list price | $565,000 |
| Year-over-year price change | +29.0% |
| Average days on market | 19 days |
| Active inventory | 30 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 105.0% |
| Median price per sq ft | $312/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 25 |
| Listings with a price cut | 43.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Ridge by property type?
How the Oak Ridge, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $582,000 | $312/sq ft | 11 | 19 days |
| Condo / Co-op | $472,500 | $238/sq ft | 1 | 52 days |
| Townhouse | $390,000 | $318/sq ft | 1 | 69 days |
Source: Redfin · Updated monthly
The Oak Ridge housing market is currently classified as a strong seller's market with a median sale price of $582,000. Prices have risen 29.0% compared to last year, with homes spending an average of 19 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Oak Ridge
There are currently 30 homes listed for sale in Oak Ridge, New Jersey. The median listing price is $565K.
Active listings
30
Homes on market
Median list price
$565K
Avg. days on market
19
Days until sale
New this week
25
Newly listed
Who lives in Oak Ridge?
Population
10,860
Median income
$118,718/yr
Median age
45.8 years
Owner-occupied
89.1%
College grads
43.2%
Avg commute
40.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Oak Ridge?
Oak Ridge is a community of approximately 11K residents with a median age of 45.8 years.The median household income is $118,718, which reflects a relatively affluent area with strong earning potential. 43.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 89.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 40.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oak Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oak Ridge?
6 schools tracked · 2,283 students
The largest public schools serving Oak Ridge, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Jefferson Township High School
Grades 9-12 · 791 students
Jefferson Township Middle School
Grades 6-8 · 563 students
White Rock Elementary School
Grades 1-5 · 479 students
Cozy Lake Elementary School
Grades PK-K · 211 students
Paradise Knoll Elementary School
Grades K-5 · 191 students
Academy for Environmental Science
Grades 9-12 · 48 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Oak Ridge, NJ?
Want a head-to-head view? Compare Oak Ridge side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oak Ridge?
The median home sale price in Oak Ridge is $582,000, up 29.0% from last year.
How long do homes stay on market in Oak Ridge?
Homes typically spend 19 days on market before going under contract.
What is the median income in Oak Ridge?
The median household income is $118,718 per year.
Is Oak Ridge a buyer's or seller's market?
With 2.7 months of supply, Oak Ridge is currently a strong seller's market.
What is the median condo price in Oak Ridge?
The median condo/co-op sale price in Oak Ridge, NJ is $472,500, compared to $582,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oak Ridge?
The median single-family home price in Oak Ridge, NJ is $582,000 (about $312 per square foot).
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