Oak Ridge, TN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Oak Ridge, TN is $414,000, up 11.9% year-over-year. Homes sell in an average of 77 days with 126 active listings. The market is currently a balanced market.
$414,000median sale price
Is Oak Ridge a buyer's or seller's market?
Oak Ridge, TN is currently a balanced market, based on 2.9 months of supply and homes selling in about 77 days. How we determine this →
Homes sold
44
Last 12 weeks
Days on market
77
Average pace
Active listings
126
2.9 months supply
Sale-to-list
96.5%
Below asking
Oak Ridge, TN market data
| Metric | Value |
|---|---|
| Median sale price | $414,000 |
| Median list price | $409,900 |
| Year-over-year price change | +11.9% |
| Average days on market | 77 days |
| Active inventory | 126 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 96.5% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Oak Ridge housing market is currently classified as a balanced market with a median sale price of $414,000. Prices have risen 11.9% compared to last year, with homes spending an average of 77 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Oak Ridge
There are currently 126 homes listed for sale in Oak Ridge, Tennessee. The median listing price is $410K.
Active listings
126
Homes on market
Median list price
$410K
Avg. days on market
77
Days until sale
New this week
41
Newly listed
Top public schools in Oak Ridge
8 schools tracked · 5,002 students
The largest public schools serving Oak Ridge, TN 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.
Oak Ridge High School
Grades 9-12 · 1,586 students
Robertsville Middle School
Grades 5-8 · 743 students
Jefferson Middle School
Grades 5-8 · 706 students
Linden Elementary
Grades K-4 · 525 students
Woodland Elementary
Grades K-4 · 447 students
Willow Brook Elementary
Grades K-4 · 412 students
Glenwood Elementary
Grades K-4 · 359 students
Preschool
Grades PK · 224 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Oak Ridge?
The median home sale price in Oak Ridge is $414,000, up 11.9% from last year.
How long do homes stay on market in Oak Ridge?
Homes typically spend 77 days on market before going under contract.
Is Oak Ridge a buyer's or seller's market?
With 2.9 months of supply, Oak Ridge is currently a balanced market.
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