Why Live in Oak Ridge
Oak Ridge, located just northwest of Springfield's historic downtown, is a neighborhood rich in history and character. The area features some of Springfield's oldest buildings and monuments, including the city's only public cemetery, Oak Ridge Cemetery, which is the second-most visited cemetery in the U.S. The neighborhood's streets are lined with mature trees and well-maintained sidewalks, showcasing classic bungalows, American Foursquare, Cape Cod, and ranch-style homes, many dating back to the late 19th century. Alleys leading to one-car garages and hobby gardens are a common sight. Oak Ridge offers a range of attractions, including the Lincoln Tomb and Duncan Park, which features pickleball courts, a disc golf course, and a bandshell for live performances. The Springfield Art Association, based in the Edwards Place Historic Home, provides public galleries, classes, and cultural events, including unique offerings like glass blowing. Dining options include the historic Dew Chilli Parlor, serving pub grub for over a century. The neighborhood is also close to Route 97, where chain restaurants and shopping options are available. Springfield High School, which has a high rating, serves the area, and ongoing renovations promise enhanced facilities. Public transportation is accessible via the Sangamon Mass Transit District, and the Abraham Lincoln Capital Airport is just 3 miles away. While Oak Ridge's proximity to downtown and hospitals can result in higher noise levels in some areas, its central location and historical significance make it a unique place to live.
Home Trends in Oak Ridge, IL
On average, homes in Oak Ridge, Springfield sell after 31 days on the market compared to the national average of 52 days. The median sale price for homes in Oak Ridge, Springfield over the last 12 months is $75,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$75,000
Median Single Family Sale Price
$75,000
Average Price Per Sq Ft
$68
Number of Homes for Sale
9
Last 12 months Home Sales
49
Median List Price
$80,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%
