Oak Ridge, TN housing market
The typical Oak Ridge home is worth about $327,000, up 2.1% in a year, close to the Tennessee typical home. Homes typically sell in 62 days, close to asking.
Home values, sales, trends and how Oak Ridge compares with the towns next door — updated as new data is published.
Oak Ridge at a glance
A seller's market
Supply is tight — about 3.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Oak Ridge | Tennessee |
|---|---|---|
| 2017 | $139,000 | $174,000 |
| 2018 | $148,000 | $187,000 |
| 2019 | $156,000 | $198,000 |
| 2020 | $175,000 | $215,000 |
| 2021 | $197,000 | $238,000 |
| 2022 | $243,000 | $287,000 |
| 2023 | $270,000 | $313,000 |
| 2024 | $299,000 | $326,000 |
| 2025 | $317,000 | $334,000 |
| 2026 | $324,000 | $333,000 |
| August 2026 | $327,000 | $334,000 |
226 new homes permitted in 2025
Builders were permitted 226 new homes in Oak Ridge in 2025: 135 single-family houses and 91 in buildings with two or more homes, worth about $33.5 million to build. That's 6.9 per 1,000 residents, about the pace of Tennessee as a whole. Over the past 10 years, Oak Ridge has permitted 1,786 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Oak Ridge gained 2,072 residents while 307 new homes were permitted: about 6.7 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Tennessee: 2 new residents per new home.
How Oak Ridge ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 145 | 94 | 51 | $22.2 million |
| 2025 | 226 | 135 | 91 | $33.5 million |
| 2024 | 230 | 139 | 91 | $34.1 million |
| 2023 | 255 | 146 | 109 | $37.8 million |
| 2022 | 285 | 94 | 191 | $32.3 million |
| 2021 | 303 | 112 | 191 | $34.9 million |
| 2020 | 307 | 81 | 226 | $31 million |
| 2019 | 64 | 64 | 0 | $8.2 million |
| 2018 | 57 | 57 | 0 | $6.8 million |
| 2017 | 34 | 34 | 0 | $6 million |
| 2016 | 25 | 25 | 0 | $5.5 million |
| 2015 | 32 | 32 | 0 | $7.6 million |
| 2014 | 19 | 19 | 0 | $2.6 million |
| 2013 | 16 | 16 | 0 | $2.6 million |
| 2012 | 14 | 14 | 0 | $2.3 million |
| 2011 | 11 | 11 | 0 | $2.9 million |
| 2010 | 35 | 24 | 11 | $4.2 million |
| 2009 | 33 | 24 | 9 | $4.1 million |
| 2008 | 49 | 31 | 18 | $5.6 million |
| 2007 | 69 | 47 | 22 | $8.2 million |
| 2006 | 82 | 62 | 20 | $10.5 million |
| 2005 | 82 | 62 | 20 | $10.5 million |
| 2004 | 77 | 55 | 22 | $9.4 million |
| 2003 | 71 | 47 | 24 | $9.7 million |
| 2002 | 126 | 46 | 80 | $11 million |
| 2001 | 57 | 57 | 0 | $8.4 million |
| 2000 | 56 | 56 | 0 | $8.2 million |
Oak Ridge's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Oak Ridge ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.5 years of income
The typical Oak Ridge home costs about 4.5 years of the town's median household income, about the same as across Tennessee (4.8).
How Oak Ridge ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,360
HUD's Fair Market Rent for a two-bedroom in Oak Ridge is $1,360 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Oak Ridge pay a median of $1,131, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $1,100 · 4 bedrooms $2,050
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37830; Knoxville, TN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.