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Foreclosure Homes in Oak Ridge, NC

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View this home at Newhaven Dr Oak Ridge NC 27310
Preforeclosure
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$623,265 EMV
Newhaven Dr
Oak Ridge, NC 27310
Single-Family
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4 |
4
|
4,309
EST. RENT: $2,640
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AUCTION: 04-25-2024
Single-Family
|
4 |
4
|
4,309
Displaying 1 - 5 of 5
 
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Oak Ridge, NC Foreclosures

How much do homes sell for in Oak Ridge, NC?
The average home price is currently $500,231.
In Oak Ridge, NC, how many homes are available?
There are currently 3,187 active home listings available in Oak Ridge.
What’s the average rental cost in Oak Ridge, NC?
The average rental price in Oak Ridge is $1,723.
What is the most expensive home in Oak Ridge, North Carolina?
The most expensive home sold in Oak Ridge had a price of $5,703,923.
What is currently the cheapest priced home in Oak Ridge, NC?
The cheapest home for sale in Oak Ridge is priced at $23,075.

Home Value Estimator For Oak Ridge, NC

There are currently 3,187 real estate properties in Oak Ridge, NC, with a median automated valuation model (AVM) price of $503,042.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oak Ridge, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Oak Ridge, NC, is $500,231.00, with the most expensive house in Oak Ridge, NC, topping out at $5,703,923.00 and the cheapest home in Oak Ridge, NC, clocking in at $23,075.00. In other words, there’s something for every potential homebuyer or savvy investor in Oak Ridge, NC!


Rent Prices In Oak Ridge, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oak Ridge, NC, is on a rollercoaster ride. The average rent price in Oak Ridge, NC, is $1,723.00. Indeed, when looking to rent in Oak Ridge, NC, you can expect to pay as little as $540.00 or as much as $2,700.00, with the average rent median estimated to be $1,770.00. The good news is that finding an affordable and desirable property to rent in Oak Ridge, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Oak Ridge, NC In 2024

Oak Ridge is located in Guilford, North Carolina, with an estimated municipal population of 7,049 residents. All of the best foreclosed homes for sale in Oak Ridge are located in the following zip code areas on Foreclosure.com: 27284 27310. The estimated population per square kilometer (.62 miles) in Oak Ridge is 165.


Cost Of Living In Oak Ridge, NC

So, about how much do homes cost in Oak Ridge? The most recent median value of resident-owned homes in Oak Ridge is 378,291. An estimated 95.6 percent of households in Oak Ridge own their homes, with an average family size of 3.28. The median household income in Oak Ridge is 127,578, with63.9 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 25.5. 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 2,059, according to recent statistics.


Diversity And Demographics In Oak Ridge, North Carolina

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 43.7, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Oak Ridge is 69.6, with an average family size of 3.28.

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

White 73.1%
Black / African American 11.9%
Asian 8.1%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.9%
Other 1.7%

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 10.5%
Aged 10-19 19.1%
20s 5.3%
30s 7.5%
40s 19.5%
50s 15.8%
60s 14.3%
70s 6.6%
80+ 1.2%

Best Schools In Oak Ridge, North Carolina

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, North Carolina

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, North Carolina, 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, NC Foreclosures


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