Why Live in Oakridge
Oakridge, Oregon, is a secluded small town within the Willamette National Forest, offering a unique blend of natural beauty and community charm. Surrounded by the Willamette River and distant mountain peaks, Oakridge is known as the mountain biking capital of the Pacific Northwest, with numerous trails accessible year-round. The town is located above the fog line but below the snow line, making outdoor activities like hiking, fishing, kayaking, and picnicking popular throughout the year. Residents can enjoy the scenic Hills Creek Lake, just 5 miles away, and the local Circle Bar Golf Club. Oakridge Greenwaters Park provides playgrounds and picnic areas for families. The housing market features a mix of older homes from the 1930s to 1950s, Craftsman-style bungalows, ramblers, and mobile homes, with newer constructions built between 2000 and 2020. The community-centric schools support the academic growth of students. The town's main thoroughfares, First Street and Willamette Highway, host friendly diners, cafes, and the Oakridge Community Farmers Market, with local favorites like Big Mountain Pizza and The Campfire. For more extensive shopping and medical needs, residents can travel 45 miles to Eugene or Springfield via Highway 58. Oakridge's location provides easy access to Interstate 5 and Portland International Airport, 145 miles away.
Frequently Asked Questions
What is the average home price in Oakridge, OR?
Homes for sale in Oakridge, OR have an average home price of $352,965.
How many homes have sold over the last 12 months in Oakridge, OR?
49 homes have sold in Oakridge, OR over the last 12 months.
What are the most popular zip codes in Oakridge, OR?
How much do you need to make to afford a house in Oakridge?
The median home price in Oakridge is $315,000. If you put a 20% down payment of $63,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Oakridge.
How are the schools in Oakridge, OR?
Home Trends in Oakridge, OR
On average, homes in Oakridge, OR sell after 93 days on the market compared to the national average of 50 days. The median sale price for homes in Oakridge, OR over the last 12 months is $290,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$290,000
Median Single Family Sale Price
$299,900
Average Price Per Sq Ft
$213
Number of Homes for Sale
29
Last 12 months Home Sales
49
Median List Price
$315,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
10%