Home Values

Oak Ridge Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$302,100

  • 2.8% 1-year change
  • 2.5% 1-year forecast

The median home value in Oak Ridge is $302,100. Oak Ridge home values have gone up 2.8% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in Oak Ridge is $107, which is higher than the Greensboro Metro average of $90. The median price of homes currently listed in Oak Ridge is $455,000 while the median price of homes that sold is $359,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Oak Ridge is 1.8%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Oak Ridge homeowners underwater on their mortgage is 9.1%, which is lower than Greensboro Metro at 17.9%.

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Relative ZHVI
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Oak Ridge Market Overview

Data through Nov 30, 2014
  • $302,100 ZHVI
  • 2.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $455,000 Median listing price
  • No recent data Median sale price
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Oak Ridge Market Health

Data through Nov 30, 2014
  • 9.0/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 9.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Summerfield $277,000
Jamestown $184,100
Belews Creek $150,500
Name Median ZHVI
Stokesdale $149,800
Kernersville $145,300
Madison $116,300
Name Median ZHVI
Walkertown $113,200
Greensboro $109,800
High Point $102,900

Listings & Sales

Data through Nov 30, 2014
  • $107 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
21.1%
Sold below listing
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Oak Ridge Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,767 Oak Ridge
    $943 Greensboro Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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