Why Live in Oak Ridge
Oak Ridge, known as the Secret City, has a rich history dating back to its founding in 1942 as a restricted military compound during WWII. Today, Oak Ridge is part of the Manhattan Project National Park, and its historical influence is evident throughout the town. The neighborhood features a mix of remodeled WWII-era homes, midcentury basement ranch-style houses, split levels, traditional-style homes from the 1990s and early 2000s, and new Colonial-inspired contemporary houses. The Oak Ridge School District is highly rated, with Willow Brook Elementary, Linden Elementary, Glenwood Elementary, Woodland Elementary, Jefferson Middle School, Robertsville Middle School, and Oak Ridge High School all earning high marks. Attractions in Oak Ridge include Haw Ridge Park with over 30 miles of trails, Cedar Hill Park with a fantasy-themed playground, and Big Turtle Park with an off-leash dog area. The University of Tennessee Arboretum offers 7 miles of trails through native plant specimens. Residents can shop at Kroger, Walmart, and Aldi, or visit the year-round farmer’s market. Dining options include the renowned Big Ed’s Pizza. Oak Ridge hosts various festivals and events, such as the annual Lavender Festival, and maintains cultural institutions like the Oak Ridge Playhouse and Symphony Orchestra. The town is 17 miles from Turkey Creek shopping center and 26 miles from McGhee Tyson Airport. Oak Ridge is safer than the national average, making it a practical and appealing place to live.
Home Trends in Oak Ridge, TN
On average, homes in Oak Ridge, TN sell after 73 days on the market compared to the national average of 70 days. The median sale price for homes in Oak Ridge, TN over the last 12 months is $380,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$380,000
Median Single Family Sale Price
$390,000
Median Townhouse Sale Price
$505,000
Median 2 Bedroom Sale Price
$499,900
Median 1 Bedroom Sale Price
$765,000
Average Price Per Sq Ft
$273
Number of Homes for Sale
34
Last 12 months Home Sales
219
Median List Price
$425,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-10%