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Housing in Oak Ridge

587 homes sold in Oak Ridge in the last year, at a typical $388K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oak Ridge homes are listed.

Homes sold
587
October 2025 to September 2026
Typical sale price
$388K
houses $390K · condos $288K (year to May 2026)
Price per square foot
$190
Tennessee $208
Paid vs. asking
98.4%
20% sold over asking
For sale now
139
September 2026 · 47 sold that month
What sold · last 12 months

2% of Oak Ridge’s sales are condos, at $102K less than a house

525 houses and 10 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$390K

typical sale · 525 sold in the year to May 2026

Per square foot
$193TN $209
Days to sell
65
Sold over asking
21%
Listings with a price cut
25%
Condos$288K

typical sale · 10 sold in the year to May 2026

Per square foot
$193TN $262
Days to sell
79
Sold over asking
10%
Listings with a price cut
44%
Fewer sales

Multi-family (2–4 units): 19 sold, typical $311K
Townhouses: 12 sold, typical $299K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 3 times the 2016 price

587 sales in the last year, against 815 in 2021 and a low of 328 in 2012. The typical sale went from $128K in 2016 to $388K.

Homes soldTypical sale price
0212425637850$125K$250K$375K$500K2012: 328 sold, typical $107K’122013: 365 sold, typical $102K2014: 336 sold, typical $112K’142015: 433 sold, typical $122K2016: 495 sold, typical $128K’162017: 540 sold, typical $130K2018: 594 sold, typical $149K’182019: 723 sold, typical $177K2020: 688 sold, typical $193K’202021: 815 sold, typical $245K2022: 719 sold, typical $283K’222023: 570 sold, typical $330K2024: 599 sold, typical $350K’242025: 576 sold, typical $370KLast 12 months: 587 sold, typical $388KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $400K buys in Oak Ridge

Houseat $193 a sq ft, year to May 2026
Condoat $193 a sq ft, year to May 2026
The same money in Tennesseeat $209 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Oak Ridge homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Oak Ridge are back to pre-pandemic levels, but 18% fewer homes come up for sale

We read every month of Oak Ridge’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 587 sales.

If you’re buying in Oak Ridge

  • Shop in October. It brings about 61 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • Bid near asking. Buyers paid 98.4% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 63 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 70 a month), but May is the most competitive: 33% of May sales close over asking. October offers nearly as much choice with fewer homes bid up (26%). November has the least competition (24%).

New listings a monthShare sold over asking
017.53552.57013%27%40%Sweet spotJan: 50 new listings a month, 25% sold over asking, 80 days to sellJFeb: 44 new listings a month, 25% sold over asking, 81 days to sellFMar: 65 new listings a month, 27% sold over asking, 75 days to sellMApr: 69 new listings a month, 31% sold over asking, 66 days to sellAMay: 68 new listings a month, 33% sold over asking, 64 days to sellMJun: 70 new listings a month, 31% sold over asking, 54 days to sellJJul: 64 new listings a month, 31% sold over asking, 55 days to sellJAug: 62 new listings a month, 28% sold over asking, 65 days to sellASep: 56 new listings a month, 25% sold over asking, 63 days to sellSOct: 61 new listings a month, 26% sold over asking, 67 days to sellONov: 48 new listings a month, 24% sold over asking, 65 days to sellNDec: 37 new listings a month, 26% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Tennessee

Oak Ridge now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price20%18%49%13%
Gone within two weeksShare of homes under contract within 14 days38%32%61%26%
Price paid vs. askingAverage sale price ÷ list price98.4%97.2%101.2%97.3%
Days to sellMedian days from listing to contract63694772
Supply

154 homes for sale on a typical day

That’s 1.5 times the 2023 low (105), 18% fewer than in 2017–19 and well under 2013’s 299.

2012: 266 for sale’122013: 299 for sale2014: 288 for sale2015: 289 for sale’152016: 227 for sale2017: 194 for sale2018: 180 for sale’182019: 190 for sale2020: 150 for sale2021: 144 for sale’212022: 107 for sale2023: 105 for sale2024: 136 for sale’242025: 169 for saleLast 12 months: 154 for saleNow
Prices by type

Since 2019, houses are up 115%, condos 117%

A house typically sold for $390K in the year to May 2026 (525 sales), a condo for $288K (10).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $104K, 338 salesHouses 2014: $113K, 296 salesHouses 2015: $125K, 385 salesHouses 2016: $133K, 456 salesHouses 2017: $130K, 500 salesHouses 2018: $155K, 545 salesHouses 2019: $182K, 670 salesHouses 2020: $197K, 631 salesHouses 2021: $254K, 764 salesHouses 2022: $291K, 633 salesHouses 2023: $343K, 508 salesHouses 2024: $360K, 550 salesHouses 2025: $375K, 535 salesHouses last 12 months: $390K, 525 salesHouses $390KCondos 2013: $103K, 7 salesCondos 2014: $129K, 27 salesCondos 2015: $148K, 22 salesCondos 2016: $98K, 20 salesCondos 2017: $134K, 23 salesCondos 2018: $140K, 18 salesCondos 2019: $133K, 24 salesCondos 2020: $181K, 25 salesCondos 2021: $197K, 19 salesCondos 2022: $178K, 23 salesCondos 2023: $277K, 13 salesCondos 2024: $306K, 14 salesCondos 2025: $292K, 7 salesCondos last 12 months: $288K, 10 salesCondos $288K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Tennessee

Oak Ridge ranks 12th of 126 busy Tennessee markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Oak Ridge is one of the state’s hottest markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Oak Ridge home costs about $2,244 a month

Mortgage
Property tax
Insurance
Rent

Price: Oak Ridge’s typical sale, last 12 months. Property tax at Oak Ridge’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oak Ridge is affordable on local pay is on Cost of living.

Before you buy in Oak Ridge

Six things worth knowing

70

New listings in June

The month with the most choice. December has the fewest, about 37.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $388K home, about $2,640 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Oak Ridge, from test results, graduation and how much students grow.

Schools in Oak Ridge
22 min

Typical commute

The average one-way trip to work for people who live in Oak Ridge.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Oliver Springs sells for less a square foot; Farragut for far more

The busier markets within 25 miles of Oak Ridge, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Oak Ridge587$388K$19020%63
Farragut489$734K$24717%69
Lenoir City201$437K$21415%72
Clinton144$341K$21914%78
Kingston109$318K$18918%65
Karns61$441K$21531%54
Oliver Springs32$261K$17717%109

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Oak Ridge, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oak Ridge. People who follow the town see it, and so do people comparing Oak Ridge with their own town. No commission, no listing fee.

Questions about buying a home in Oak Ridge

What do homes sell for in Oak Ridge, TN?

587 homes sold in the year to September 2026 at a typical $388K, $190 a square foot. Houses sold for about $390K, condos for about $288K in the year to May 2026.

Is Oak Ridge a buyer’s or seller’s market?

A seller’s market: 139 homes were for sale in September 2026 and 47 sold, about 2.9 months of supply. Buyers paid 98.4% of asking on average.

When is the best time to buy in Oak Ridge?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Oak Ridge?

About 0.7% of a home’s value a year. On a $388K home that’s near $2,640.

Where can I see homes for sale in Oak Ridge?

Zillow, Redfin, Realtor.com and Homes.com all carry Oak Ridge’s MLS listings; the search links above open each one filtered to Oak Ridge.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).