Oak Ridge North Real Estate Market Continues Weakening in Home Sales

The Oak Ridge North market may be experiencing a long pullback but sales stood their ground this week at four homes sold over the last 30 days. While sales numbers fell, prices dropped as well. This week's reported median sales price of $231,500 continued a four-week downward trend. Despite the falling sales numbers and prices, there are only three months of inventory remaining, indicating that Oak Ridge North is still a seller's market.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Oak Ridge North:

$199K   $249K   $249K  

Get started right now by checking out Oak Ridge North homes for sale or reviewing Oak Ridge North real estate trends.

Demographic facts about Oak Ridge North:

  • There are 3.7% vacant homes here.
  • The area gets 207 sunny days a year. (U.S. average: 205)
  • The annual job growth rate is 2.03%.
  • The student-to-librarian ratio is 630:1. (803:1 = national average)

Data reported through 10/12/2016

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Virtual-RealEstate.com
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Connect Realty.com
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404-784-5759
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