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Short Sale Listings in Oak Ridge, MO

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20 View this home at Northwoods Ct Cape Girardeau MO 63701
Foreclosure
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$114,251 EMV
Northwoods Ct
Cape Girardeau, MO 63701
Single-Family
|
2 |
1
|
913
EST. RENT: $1,020
|
AUCTION: 04-01-2024
Single-Family
|
2 |
1
|
913
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Top Reasons To Live In Oak Ridge, MO In 2024

Oak Ridge is located in Cape Girardeau, Missouri, with an estimated municipal population of 233 residents. All of the best foreclosed homes for sale in Oak Ridge are located in the following zip code areas on Foreclosure.com: 63755 63769. The estimated population per square kilometer (.62 miles) in Oak Ridge is 152.


Cost Of Living In Oak Ridge, MO

So, about how much do homes cost in Oak Ridge? The most recent median value of resident-owned homes in Oak Ridge is 107,142. An estimated 73.7 percent of households in Oak Ridge own their homes, with an average family size of 3.73. The median household income in Oak Ridge is 47,500, with15.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oak Ridge, the median commute time of resident workers (in minutes) is 27.9. And last, but certainly not least, are you looking for homes to rent in Oak Ridge? If so, the average rent price paid by renters in Oak Ridge is 800, according to recent statistics.


Diversity And Demographics In Oak Ridge, Missouri

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Oak Ridge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Oak Ridge is 35.3, split between 47.5 percent male versus 52.5 female. The percentage of residents who report being married in Oak Ridge is 40.7, with an average family size of 3.73.

The percentage of residents who report their race in Oak Ridge is as follows:

White 99.2%
Black / African American 0%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Oak Ridge? Or maybe you are searching for 55+ active adult communities in and/or near Oak Ridge?

The percentage of residents who report their age in Oak Ridge is as follows:

Under 10 13.4%
Aged 10-19 25.5%
20s 5.5%
30s 16.5%
40s 13.4%
50s 7.8%
60s 5.9%
70s 8.6%
80+ 3.6%

Best Schools In Oak Ridge, Missouri

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Oak Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oak Ridge.


Pros And Cons Of Living In Oak Ridge, Missouri

How do you know that living in -- or moving to -- Oak Ridge is right where you need to be? Perhaps you grew up in Oak Ridge or already live nearby; therefore, the decision to buy a home in Oak Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oak Ridge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Oak Ridge:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oak Ridge.


Reasons To Move To Oak Ridge, Missouri, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oak Ridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oak Ridge, meanwhile, can field multiple offers from more qualified buyers.

Oak Ridge, MO Short Sale Listings


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