Condo Foreclosures in Oak Ridge, NC

Current Market Conditions in Oak Ridge, NC

The real estate market in Oak Ridge has shown stable growth in recent months, driven by its appeal to families and retirees alike. Homes in the area are selling quickly, often above asking price, as more buyers are drawn to the tranquility and community-focused lifestyle. The average days on market have decreased as buyers compete for limited inventory, signaling a strong market.

Oak Ridge continues to attract attention due to its affordability compared to nearby cities like Greensboro and Winston-Salem. This trend is likely to persist as more individuals seek to escape the hustle and bustle of urban living for the serene surroundings of Oak Ridge.

Rent Prices In Oak Ridge, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oak Ridge, NC, is on a rollercoaster ride. The average rent price in Oak Ridge, NC, is $1,721.00. Indeed, when looking to rent in Oak Ridge, NC, you can expect to pay as little as $540.00 or as much as $2,700.00, with the average rent median estimated to be $1,770.00. The good news is that finding an affordable and desirable property to rent in Oak Ridge, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.