Oak Ridge, Oak Ridge

Real Estate & Neighborhood Guide

Average Price

$466K

Price Range
$200K - $1.3M
Avg Days on Market

55

Market Condition
Balanced

Discover the Charm of Oak Ridge Homes for Sale

If you’re searching for Oak Ridge homes for sale, you’re in for a treat. Nestled in the heart of Tennessee, Oak Ridge boasts a rich history and a unique character that sets it apart from other neighborhoods. Known as the “Secret City” due to its pivotal role in the Manhattan Project, this community seamlessly blends its historical significance with modern living. Today, Oak Ridge offers a balanced real estate market with an average home price of $466,000, making it a desirable option for families, professionals, and retirees alike.

About Oak Ridge

Oak Ridge is strategically located just 25 miles west of Knoxville, making it an ideal spot for those who appreciate suburban living with easy access to city life. The neighborhood is characterized by its friendly atmosphere, diverse community, and beautiful tree-lined streets. Here, you’ll find a mix of families, young professionals, and retirees who value the area’s quiet charm and excellent schools, such as Linden and Willow Brook. Oak Ridge offers a welcoming environment for anyone looking to settle down in a place rich in history and community spirit.

  • Rich historical background linked to the Manhattan Project
  • Community-oriented atmosphere with various local events
  • Excellent school options for families
  • Proximity to Knoxville for easy commuting
  • Diverse range of housing options, from modest homes to luxury estates

Housing Market

The Oak Ridge real estate market is currently balanced, with 61 active listings that range from $200,000 to $1.3 million. The average time on the market for homes in Oak Ridge is about 55 days, indicating a steady demand. Buyers are drawn to the area for its variety of home types, including charming single-family homes and spacious properties with ample yard space. Whether you’re a first-time homebuyer or looking to upgrade, the diverse options available in Oak Ridge cater to a wide array of preferences and budgets.

Local Dining & Restaurants

Living in Oak Ridge offers a diverse culinary scene that caters to various tastes. Here are some popular dining spots cherished by locals:

  • Dean’s Restaurant & Bakery

    Cuisine: Southern Comfort Food

    Dean’s is renowned for its hearty Southern dishes and delectable baked goods. The welcoming atmosphere and generous portions make it a favorite among residents seeking homestyle meals.

  • Big Ed’s Pizza

    Cuisine: Italian/Pizza

    Established in 1970, Big Ed’s has become an Oak Ridge institution. Known for its classic, hand-tossed pizzas and nostalgic ambiance, it’s a must-visit for pizza enthusiasts.

  • Razzleberry’s Ice Cream Lab

    Cuisine: Desserts/Ice Cream

    Offering a unique selection of homemade ice creams and desserts, Razzleberry’s is a delightful spot for families and anyone with a sweet tooth.

  • Calhoun’s

    Cuisine: Barbecue/American

    Located along the waterfront, Calhoun’s serves up mouth-watering barbecue with scenic views of the Clinch River, making it a popular choice for both casual and special occasions.

  • Riverview Grill

    Cuisine: American/Seafood

    Known for its fresh seafood and relaxed atmosphere, Riverview Grill offers a pleasant dining experience with views of the river, appealing to those seeking a more upscale meal.

Community Events & Activities

Oak Ridge boasts a vibrant community spirit, with numerous events and activities throughout the year:

  • Oak Ridge Farmers Market

    Schedule: Wednesdays and Saturdays, 8 AM – 12 PM

    Held at Jackson Square, the farmers market offers fresh produce, artisanal goods, and local crafts, fostering a strong sense of community.

  • Secret City Festival

    When: Annually in June

    This festival celebrates Oak Ridge’s unique history with live music, historical exhibits, and family-friendly activities, drawing visitors from across the region.

  • Winter Farmers Market

    Schedule: Saturdays, 10 AM – 1 PM (December through March)

    Located indoors at St. Mary’s School gymnasium, this market ensures residents have access to local goods year-round.

Parks & Recreation

Oak Ridge amenities include a plethora of parks and recreational facilities that cater to outdoor enthusiasts and families alike:

  • A.K. Bissell Park

    Features: 1.25-mile walking loop, picnic shelter, performance pavilion, playground

    Located at 1403 Oak Ridge Turnpike, this 38-acre park is a central hub for community events and leisure activities. It’s also home to the International Friendship Bell, symbolizing peace and unity.

  • Haw Ridge Park

    Features: Over 30 miles of trails for hiking, biking, and running; water access for kayaking and paddleboarding

    Situated along the Clinch River, this 780-acre park offers diverse terrains and scenic views, making it a favorite for outdoor adventurers.

  • University of Tennessee Arboretum

    Features: 250 acres with over 2,500 plant specimens, nature trails

    Located at 901 S. Illinois Avenue, the arboretum provides educational programs and serene walking paths, ideal for nature lovers and families.

  • Oak Ridge Community Swimming Pool

    Features: Olympic-sized, spring-fed pool

    Built in 1945, this historic pool remains a popular spot for swimming and community gatherings during the summer months.

Community Character

Living in Oak Ridge offers a unique blend of rich history, scientific innovation, and natural beauty. Known as the “Secret City” due to its pivotal role in the Manhattan Project, Oak Ridge has evolved into a vibrant community that values education, culture, and recreation. The city’s commitment to preserving its heritage while fostering growth creates a welcoming environment for residents and visitors alike. With a plethora of things to do in Oak Ridge, from exploring historical sites to enjoying outdoor adventures, there’s something for everyone in this dynamic community.

Frequently Asked Questions

What is the average home price in Oak Ridge?

The average home price in Oak Ridge is $466,000. Home prices range from $200,000 to $1.3 million, providing options for various budgets.

What schools serve Oak Ridge?

Oak Ridge is served by Linden, Willow Brook, and Woodland schools. These schools are known for their commitment to quality education and community involvement.

Is Oak Ridge a good investment?

Yes, Oak Ridge is considered a good investment due to its balanced market and diverse price range. The average home price of $466,000 reflects the area’s growth potential.

How long do homes stay on the market in Oak Ridge?

Homes in Oak Ridge typically stay on the market for about 55 days. This duration indicates a balanced market, where buyers can find opportunities without excessive competition.

What amenities are near Oak Ridge?

Oak Ridge offers various amenities, including parks, shopping centers, and recreational facilities. The area’s community-centric environment enhances the living experience for residents.

Is Oak Ridge family-friendly?

Yes, Oak Ridge is family-friendly, featuring excellent schools and community amenities. The welcoming atmosphere and outdoor recreational options make it an ideal place for families.

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