$989,000
4,471 SqFt
4 Beds
•4 Full Baths
Maureena Shepherd, Listing Office: Allen Tate Oak Ridge - Highway 68
September 2024
Report Updated 30 Days Ago
Is Oak Ridge, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Oak Ridge has remained a Buyer's Market.
How much do homes in Oak Ridge, NC cost?
$621,990
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Oak Ridge was $621,990 in September 2024, down 0.3% from last year, and the median price per square foot was $210.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157K | $145K | -7.6% |
2 Bedrooms | $187.5K | $297K | +58.4% |
3 Bedrooms | $370K | $439.9K | +18.9% |
4 Bedrooms | $714.9K | $701K | -2.0% |
5+ Bedrooms | $615K | $492.5K | -19.9% |
Summary: Oak Ridge housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 58.4%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 19.9%.
Oak Ridge Township | $552.4K | $599.6K | +8.5% |
Stokesdale | $435K | $464.9K | +6.9% |
Oak Ridge | $623.7K | $621.9K | -0.3% |
Colfax | $425K | $417K | -1.9% |
Deep River Township | $399.9K | $379.4K | -5.1% |
How many homes are available in Oak Ridge, NC?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
42 | 49 | +16.7% |
Summary: The Oak Ridge real estate market had 49 homes for sale in September 2024, a 16.7% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 30 | 36 | +20.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Oak Ridge housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Oak Ridge in September 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Oak Ridge, NC?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
19 Days | 24 Days | +22.7% |
Summary: Homes in Oak Ridge had an average of 24 days on market in Sep 2024, up by 22.7% compared to last year.
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 6 homes were sold in Oak Ridge; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
Local real estate agents are ready to help you find a home here.
Connect With An AgentSell your home with an expert or get the job done on your own.
Sell My HomeGet a customizable mortgage solution based on today's rates.
Get ApprovedWhat homes are available in Oak Ridge, NC?
See More ListingsWhat housing markets are near Oak Ridge, NC?
MLS Disclaimers and Copyright
Based on information from Triad MLS Inc for the period 10/01/2022 - 10/01/2024
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Popular Cities with Homes for Sale in North Carolina
Homes For Sale in Apex, NC
Homes For Sale in Asheville, NC
Homes For Sale in Cary, NC
Homes For Sale in Charlotte, NC
Homes For Sale in Clayton, NC
Homes For Sale in Concord, NC
Homes For Sale in Durham, NC
Homes For Sale in Fayetteville, NC
Homes For Sale in Greensboro, NC
Homes For Sale in Greenville, NC
Homes For Sale in Hendersonville, NC
Homes For Sale in Hickory, NC
Homes For Sale in High Point, NC
Homes For Sale in Huntersville, NC
Homes For Sale in Jacksonville, NC
Homes For Sale in Mooresville, NC
Homes For Sale in New Bern, NC
Homes For Sale in Raleigh, NC
Homes For Sale in Wilmington, NC
Homes For Sale in Wilson, NC
Homes For Sale in Winston-Salem, NC