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Oak Ridge Homes for Sale

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  • 411 W Carpenter St, Springfield, IL 62702
    411 W Carpenter St, Springfield, IL 62702
    /2

    $79,900

    • Land
    • 0 Sq Ft

    411 W Carpenter St, Springfield, IL 62702

    POSSIBLE MEDICAL DISTRICT BUILDING SITE FOR COMMERCIAL BUSINESS. EXCELLENT LOCATION FOR MEDICAL RELATED FACILITY, NEAR MAIN THOROUGH LANE TO HOSPITALS

    Kathy Badger The Real Estate Group, Inc.

    411 W Carpenter St, Springfield, IL 62702
  • 1038 N 1st St, Springfield, IL 62702
    1038 N 1st St, Springfield, IL 62702
    1038 N 1st St, Springfield, IL 62702
    /15

    $150,000

    • 5 Beds
    • 2,743 Sq Ft

    1038 N 1st St, Springfield, IL 62702

    Calling all investors! This super conveniently located rental property sits just blocks from Memorial Medical Center and SIU School of Medicine, and offers the perfect spot to house medical students and traveling nurses. Currently fully leased, so income will be immediately generated. This single family home was duplexed in the 1990's, and has seen replaced siding, windows, some updated HVAC, &

    Joshua Kruse The Real Estate Group, Inc.

    1038 N 1st St, Springfield, IL 62702
  • 342 W Reynolds St, Springfield, IL 62702
    342 W Reynolds St, Springfield, IL 62702
    342 W Reynolds St, Springfield, IL 62702
    /26

    $55,000

    • 4 Beds
    • 2 Baths
    • 1,561 Sq Ft

    342 W Reynolds St, Springfield, IL 62702

    Solid home in need of some TLC. Hardwood under laminate flooring. Great location- historic and established neighborhood! Close to schools, downtown, medical district and West side conveniences. Seller is upgrading electrical with entire new system. Selling AS-IS.

    TRACIE TAYLOR RE/MAX Professionals

    342 W Reynolds St, Springfield, IL 62702
Illinois Sangamon County Springfield Oak Ridge

Real Estate & Homes for Sale in Oak Ridge, Springfield

Learn more about living in Oak Ridge

Frequently Asked Questions

Is Oak Ridge a good place to live?
Oak Ridge is a good place to live. Oak Ridge is considered somewhat walkable and somewhat bikeable with minimal transit options. Oak Ridge is a historic neighborhood. Oak Ridge has 10 parks for recreational activities. It is fairly sparse in population with 5.9 people per acre and a median age of 40. The average household income is $56,258 which is below the national average. College graduates make up 16.7% of residents. A majority of residents in Oak Ridge are renters, with 52.7% of residents renting and 47.3% of residents owning their home. A local real estate agent serving Oak Ridge can help you decide if this neighborhood is the right one for you. Learn more on our Oak Ridge neighborhood guide.
Is Oak Ridge, IL a safe neighborhood?
Oak Ridge, IL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Oak Ridge?
The median home price in Oak Ridge is $96,700. If you put a 20% down payment of $19,300 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $480 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $21K a year to afford the median home price in Oak Ridge. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Oak Ridge is $56K.
What are the best public schools in Oak Ridge?
The best public schools that serve Oak Ridge are:
What are the best private schools in Oak Ridge?
The best private schools that serve Oak Ridge are:
What are the most popular zip codes in Oak Ridge, Springfield, IL?
The most popular zip codes in Oak Ridge, Springfield, IL include 62702, 62704, 62703, 62711 and 62707.
What are the most popular neighborhoods near Oak Ridge, Springfield, IL?
The most popular neighborhoods near Oak Ridge, Springfield, IL are Enos Park, Pillsbury, Pasfield Park Place, Washington Park Knolls and Iles Park.

Home Trends in Oak Ridge, IL

On average, homes in Oak Ridge, Springfield sell after 29 days on the market compared to the national average of 57 days. The median sale price for homes in Oak Ridge, Springfield over the last 12 months is $91,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$91,000
Median Single Family Sale Price
$90,450
Average Price Per Sq Ft
$74
Number of Homes for Sale
1
Last 12 months Home Sales
39
Months of Supply
0.30
Median List Price
$96,700
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
8%
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