October's First-Time Homebuyer Report for Oakridge

Oakridge has a much younger population than other areas in Oregon with a median age of 48 years. It is also much less affluent than average with a median income of $31,554 per household. The Oakridge market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the city is Veneta Elementary School.

Price Range

Some of the least expensive homes in Oregon are in Oakridge with a median home value of $105,400, while the list prices of available homes is currently at an average of $136,556. In this week's report, the number of homes sold in the Oakridge market fell to one over the past 30 days, a decrease of 50.0% from last week's report.

Make sure you take a look at these eye-catching homes in Oakridge that generated the most views from potential buyers:

$135K   $239K   $205K  

Typical Dwelling

A three-bedroom detached home valued around $151,794 is considered a typical dwelling in Oakridge. If a buyer was looking for a similar home, they would need good credit and a $30,359 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $702 and the property tax rate is $10.72 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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