Is Oak Ridge, TN 37830 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Oak Ridge is a seller’s market. With about 2.4 months of supply and 23% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score49/ 100

More competitive than 50% of U.S. ZIP codes, and #27 of 299 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.4Under 4 months = seller’s market
Sold above original list22.8%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$191▼ −0.1% vs. last year

The Oak Ridge housing market right now

In the three months ending August 31, 2026, 23% of homes in Oak Ridge, TN 37830 sold above their list price, the typical home went under contract in 62 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 163 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold about as fast and the median sale price rose 4% to $404,775. Overall, Oak Ridge is less competitive than a year ago, which gives buyers more room.

Within Anderson County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Oak Ridge ranks #27 of 299 TN ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Lake City 37769 (0% sold over asking) or Briceville 37710 (0% sold over asking), while Clinton 37716 (32% sold over asking) is even more competitive.

Nearby markets

Andersonville 37705Seller’s market $242 /sq ftBriceville 37710Buyer’s market $174 /sq ftClinton 37716Seller’s market $210 /sq ftHeiskell 37754Balanced $197 /sq ft Browse all markets →

Where Oak Ridge is

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Questions about Oak Ridge real estate

Is Oak Ridge a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Oak Ridge, TN 37830 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Oak Ridge?

The typical home went under contract in 62 days in the latest three months.

Do homes in Oak Ridge sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Oak Ridge?

About 0.54% of a home’s value a year in Anderson County, or roughly $2,160 on a $400,000 home.

What is the median home price in Oak Ridge?

The median sale price was $404,775 in the three months ending August 31, 2026, about $191 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology