Oak Ridge, MO is a great place to live with its housing median value being $209,100. This is substantially lower than the US House Median Value which is $338,100. Despite this lower value, Oak Ridge has shown an impressive one year house appreciation rate of 13.66%, almost 5% higher than the US 1 year House Appreciation rate of 8.27%. This makes buying a house in Oak Ridge an attractive option for those looking for a great deal on their home purchase.
The median home cost in Oak Ridge is $209,100. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Oak Ridge is up 15.3%.
Average Age of Homes
- The median age of Oak Ridge real estate is 56 years old
The Rental Market in Oak Ridge
- Renters make up 12.5% of the Oak Ridge population
- 0.0% 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.