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Housing in Oak Ridge

Homes in Oak Ridge

Home prices around Oak Ridge have risen about 62% over the past 5 years. No new homes were permitted in 2025.

2-bedroom rent
$1,280
a month, utilities in · HUD
Median tax bill
$283
TX $4,232

What kind of housing town is Oak Ridge?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $1,280

Renters already here pay a median of $1,519.

Fair Market Rent a month, utilities included

Studio$970
1 bedroom$1,010
2 bedrooms$1,280
3 bedrooms$1,690
4 bedrooms$2,030
62%
of households rent · TX 37%
75
renter households
$1,519
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Sherman-Denison, TX MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

38% of Oak Ridge households own their home

Half of Oak Ridge’s homes were built before 1999.

Owners and renters
Own 38%Rent 62%

Texas: 63% own.

1999
typical home built · TX 1992
$283
median property tax bill · TX $4,232

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 62% in 5 years

The federal house price index for the ZIP code around Oak Ridge rose 62% over the past 5 years, faster than across Texas (43%). Last year prices rose 4.9%.

Oak Ridge areaTexas
0%+50%+100%+150%+200%+250%200020052010201520202025
+4.9%
past year
+62%
past 5 years
+114%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Oak Ridge, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Oak Ridge in 2025. The last year with any was 2024 (2 new homes).

Single-family2+ homes per building
02468 200220052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
36
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024220$573,000
2023633$1.1 million
2022330$1.3 million
2021000—
2020330$699,000
2019550$450,000
2018110$50,000
2017880$500,000
2016880$350,000
2015660$200,000
2014000—
2013330$150,000
2012220$200,000
2011220$200,000
2010660$300,000
2009660$300,000
2008550$50,000
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

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What Oak Ridge buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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