The typical home value in
Oak Ridge
is projected to be
$273,250
for the month of
September.
August’s
finalized data reported the typical value of a home in the
city
to be
$275,500—down
14.71%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$421,500
in
Orange County
for the most recent reporting period.
That number is expected to float around
$409,260
in
September.
Oak Ridge
had
6
new listings and
11
listings that went under contract in
August,
decreasing
the area’s total available inventory to
26—down
21.21%
from the previous month. Inventory is projected to have further
decreased
in
September.
Of those
26
active listings,
23.08%
reduced their price in the month of
August.
The median listing price for homes in
Oak Ridge
grew
22.72%
from
July
to
August,
bringing the current median listing price to
$316,000.
Based on projected data for
September,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
August 2025,
the median time for a listed property to go pending was
87
days, compared to
149
days in
August 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
September.
