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

$301,700

  • 0.1% 1-year change
  • 2.2% 1-year forecast

The median home value in Oak Ridge is $301,700. Oak Ridge home values have gone up 0.1% over the past year and Zillow predicts they will rise 2.2% within the next year.

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 1.9%, which is lower than the national value of 6.0%. 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 8.1%, which is lower than Greensboro Metro at 15.7%.

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Relative ZHVI
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Oak Ridge Market Overview

Data through Jun 30, 2015
  • $301,700 ZHVI
  • 2.2% 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
    (Jun 30, 2016)
  • No data Median listing price
  • $344,769 Median sale price
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Oak Ridge Market Health

Data through Jun 30, 2015
  • 5.6/10 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
  • 8.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 1.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Summerfield $267,700
Jamestown $175,800
Kernersville $145,600
Name Median ZHVI
Belews Creek $141,300
Stokesdale $134,900
Greensboro $108,000
Name Median ZHVI
Walkertown $105,800
Madison $105,100
High Point $97,400

Listings & Sales

  • No data
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Oak Ridge Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,842 Oak Ridge
    $977 Greensboro Metro
    $1,369 United States

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

  • 3.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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