Oak Ridge, TN
Housing market overview · Updated weekly
$414,000median sale price
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
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
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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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