Oak Ridge, FL is a great place to buy a house! The median value of housing in Oak Ridge,FL is $260,700, compared to the US house median value of $338,100. This makes Oak Ridge an attractive option for potential buyers. In addition, the 1 year house appreciation rate in Oak Ridge is 18.12%, much higher than the US average of 8.27%. Thus, buying a house in Oak Ridge can be an excellent investment opportunity with the potential for significant returns over time!
The median home cost in Oak Ridge is $260,700. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Oak Ridge is up 22.4%.
Average Age of Homes
- The median age of Oak Ridge real estate is 37 years old
The Rental Market in Oak Ridge
- Renters make up 54.8% of the Oak Ridge population
- 13.4% of houses and apartments in Oak Ridge, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.