Oak Ridge, Oak Ridge
Real Estate & Neighborhood Guide
$488K
$250K - $850K
52
Balanced
Discover the Charm of Oak Ridge Homes for Sale
If you’re searching for a community that beautifully blends history with modern living, Oak Ridge is the perfect spot for you. Known for its rich history as a pivotal site during World War II, Oak Ridge boasts a unique character that resonates through its charming neighborhoods and welcoming atmosphere. With an average home price of $488K and a balanced market, Oak Ridge homes for sale present an excellent opportunity for both first-time buyers and seasoned investors.
About Oak Ridge
Located in the heart of East Tennessee, Oak Ridge enjoys a prime position near the scenic Appalachian Mountains and is only a short drive from Knoxville. The neighborhood is characterized by its friendly residents, many of whom are families and professionals drawn to the area’s strong educational system, including schools like Willow Brook and Woodland. Living in Oak Ridge means enjoying a tight-knit community atmosphere while having access to urban amenities.
- Rich historical significance as a WWII site
- Diverse neighborhoods appealing to families and young professionals
- Strong community engagement and local events
- Convenient access to outdoor recreational activities
- Proximity to major highways and Knoxville
Housing Market
The Oak Ridge real estate market is currently balanced, with homes in Oak Ridge ranging from $250K to $850K. Buyers love the variety of home types available, from charming single-family homes to more modern properties. With an average days on market of 52, potential homeowners will find that the market is competitive yet accessible, making it an ideal location for your next investment in real estate.
Local Dining & Restaurants
Living in Oak Ridge offers a diverse culinary scene that caters to various tastes. Here are some popular dining spots:
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Dean’s Restaurant & Bakery
Cuisine: Southern Comfort Food
Why It’s Popular: Known for its homestyle dishes and delectable baked goods, Dean’s provides a cozy atmosphere that locals cherish for both breakfast and lunch.
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Big Ed’s Pizza
Cuisine: Italian/Pizza
Why It’s Popular: A staple since 1970, Big Ed’s is famed for its classic, hand-tossed pizzas and nostalgic ambiance, making it a favorite for family gatherings.
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Razzleberry’s Ice Cream Lab
Cuisine: Desserts/Ice Cream
Why It’s Popular: Offering unique ice cream flavors and European-inspired desserts, Razzleberry’s is a sweet spot for both kids and adults.
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Calhoun’s
Cuisine: American/Barbecue
Why It’s Popular: Situated along the Clinch River, Calhoun’s serves up mouth-watering ribs and steaks with scenic waterfront views, ideal for a more upscale dining experience.
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Jefferson Fountain
Cuisine: American/Diner
Why It’s Popular: This retro diner is beloved for its classic burgers, milkshakes, and friendly service, offering a nostalgic trip back in time.
Community Events & Activities
Oak Ridge boasts a vibrant community spirit with numerous events throughout the year:
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Oak Ridge Farmers Market
When: Wednesdays and Saturdays, 8 AM – 12 PM
Details: Located at Jackson Square, this market offers fresh produce, artisanal goods, and local crafts, fostering a strong sense of community.
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Secret City Festival
When: Annually in June
Details: Celebrating Oak Ridge’s unique history, this festival features live music, historical exhibits, and family-friendly activities.
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Winter Farmers Market
When: Saturdays, 10 AM – 1 PM (December through March)
Details: Held indoors at St. Mary’s School gymnasium, offering seasonal produce and goods during the colder months.
Parks & Recreation
Oak Ridge amenities include a plethora of parks and recreational facilities:
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A.K. Bissell Park
Features: A 1.25-mile walking loop, picnic shelters, and the International Friendship Bell, symbolizing peace and unity.
Family-Friendly: Open spaces and playgrounds make it ideal for families.
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Haw Ridge Park
Features: Over 30 miles of trails suitable for hiking, biking, and horseback riding, along with access to the Clinch River for kayaking and paddleboarding.
Fitness Options: Trails range from easy to challenging, catering to all fitness levels.
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University of Tennessee Arboretum
Features: Spanning 250 acres with over 2,500 plant specimens and several nature trails, it’s a haven for nature enthusiasts.
Educational: Offers programs and workshops on native flora and conservation.
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Oak Ridge Outdoor Swimming Pool
Features: One of the largest spring-fed pools in the U.S., providing a refreshing retreat during summer months.
Family-Friendly: Includes a separate kiddie pool and ample space for sunbathing.
Community Character
Living in Oak Ridge offers a unique blend of rich history and modern amenities. 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, innovation, and cultural enrichment. The city’s commitment to preserving its historical significance while fostering growth creates a dynamic environment where residents enjoy a high quality of life. With a strong sense of community, diverse recreational opportunities, and a thriving local economy, Oak Ridge stands out as a remarkable place to call home.
Frequently Asked Questions
What is the average home price in Oak Ridge?
The average home price in Oak Ridge is $488,000. Prices typically range from $250,000 to $850,000, providing options for various budgets.
What schools serve Oak Ridge?
The schools serving Oak Ridge include Willow Brook, Woodland, and Glenwood. These institutions are known for their 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 average home price of $488,000. With only 9 active listings, demand remains steady, making it appealing for buyers.
How long do homes stay on the market in Oak Ridge?
Homes in Oak Ridge stay on the market for an average of 52 days. This indicates a balanced market where properties are selling at a reasonable pace.
What amenities are near Oak Ridge?
Oak Ridge offers several amenities including parks, shopping centers, and recreational facilities. The community is well-equipped for both leisure and daily needs, enhancing the living experience.
Is Oak Ridge family-friendly?
Yes, Oak Ridge is family-friendly with excellent schools and community programs. The area provides a safe environment and plenty of outdoor activities for families to enjoy.
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