Zip 37830 (Oak Ridge, TN) Housing

The housing market in 37830 Oak Ridge, TN is thriving compared to the US average. The median value of a home in this area is $267,800, which is significantly lower than the US median value of $338,100. Moreover, this area has seen a much higher rate of house appreciation over the past year at 21.68%, far exceeding the nationwide average of 8.27%. This information suggests that demand for housing in 37830 Oak Ridge, TN is strong and rising, making it an attractive real estate market for potential buyers and investors alike.

The median home cost in Oak Ridge (zip 37830) is $267,800. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Oak Ridge (zip 37830) is up 27.0%.

Average Age of Homes

- The median age of Oak Ridge (zip 37830) real estate is 55 years old

The Rental Market in Oak Ridge (zip 37830)

- Renters make up 34.2% of the Oak Ridge (zip 37830) population
- 2.0% of houses and apartments in Oak Ridge (zip 37830), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Oak Ridge, Tennessee	United States
	15,147.0	139,647,020.0
	57	42
	$267,800	$338,100
	27.0%	16.6%
	87.9%	57.0%
	114.6%	101.1%
	$7.65	$10.98
	$1,776	$2,690
	54.3%	57.4%
	13.8%	11.2%
	31.9%	31.4%
Vacant Housing
	2.0%	1.9%
	0.9%	0.4%
	1.0%	0.7%
	0.4%	0.4%
	0.9%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.1%	2.4%
	1.5%	2.8%
	5.9%	3.9%
	8.0%	4.5%
	23.3%	11.3%
	19.1%	13.0%
	22.2%	20.1%
	11.0%	13.6%
	4.5%	8.3%
	2.7%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	7.3%	13.6%
	10.0%	13.2%
	11.5%	14.8%
	7.3%	13.6%
	12.6%	10.0%
	29.9%	4.7%
	1.2%	12.2%

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