Oak Ridge, NC—27310
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Ridge, NC
As of Nov '25, the median home price in Oak Ridge, NC is $576,000, with a year-over-year change of 1.4%. This indicates that home prices in Oak Ridge, NC are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $576,000 | 1.4% |
| Single Family | $578,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $272,000 | 1.1% |
3 Bed | $422,000 | 1.7% |
4 Bed | $695,000 | 1.5% |
| 5 Bed | $639,728 | 1.2% |
% of Housing Stock
Rental Trends — Oak Ridge, NC
As of July '25, Rentcast reports the average rent in Oak Ridge, NC is $2,600, with a year-over-year rent change of 9.7%. Per bedroom, the median rent as of July '25 in Oak Ridge, NC is 2-bedrooms: $1,400, 3-bedrooms: $2,470, 4-bedrooms: $4,620. The most common rental property sizes in Oak Ridge, NC are 3-bedroom and 4-bedroom, accounting for 58.5% and 19.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,400 |
| 3 Bed Rent | $2,300 | $2,470 |
| 4 Bed Rent | $4,000 | $4,620 |
% of Rental Stock
Property Listings — Oak Ridge, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Oak Ridge, NC is 57. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $729,000 | 6.0% |
Listing Count | 50 | -4.0% |
| Listings as % of Homes | 1.4% | -4.0% |
Days on Market | 57 | 4.0% |
Demographics — Oak Ridge, NC
As of the latest ACS Survey released in 2023, Oak Ridge, NC has a population of 8,570, which has increased by 17.6% over the past 5 years. Oak Ridge, NC is a popular place for families, as children make up 25.8% of the population. The area has a highly educated workforce, with 53.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,570 | 17.6% |
% Under 18 | 25.8% | -14.3% |
% Seniors | 13.2% | 6.5% |
% WFH | 33.6% | 348.0% |
% w/ College Degree | 53.9% | -2.0% |
As of the latest ACS Survey released in 2023, Oak Ridge, NC is a predominantly white area, with 78.2% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Oak Ridge, NC is asian, making up 10.2% of the population. Foreign-born residents account for 10.3% of the population in Oak Ridge, NC, and this percentage has increased by 41.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.2% | 2.1% |
% Black | 3.4% | -63.4% |
% Hispanic | 5.7% | 42.5% |
% Asian | 10.2% | 72.9% |
% Foreign Born | 10.3% | 41.1% |
Mortgage and Risk — Oak Ridge, NC
According to HUD data as of 2023, there were 250 mortgage originations in Oak Ridge, NC, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Oak Ridge, NC. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 250 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Oak Ridge, NC
Oak Ridge, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | -$270 | $1,500 | $1,230 |
| 3 Bedroom | -$700 | $2,300 | $1,600 |
| 4 Bedroom | -$2,160 | $4,000 | $1,840 |
Affordability — Oak Ridge, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $576,000 |
| Median Household Income | $150,000 |