Oak Ridge
Real Estate & Neighborhood Guide
$452K
$170K - $1.3M
75
Buyer's Market
Discover the Allure of Oak Ridge Homes for Sale
If you’re searching for a charming community with a rich history and a vibrant atmosphere, look no further than Oak Ridge, TN. With its diverse range of Oak Ridge homes for sale, you’ll find an ideal blend of comfort and character that appeals to families and professionals alike. This buyer’s market offers an average home price of $452,000, with listings ranging from affordable options at $170,000 to luxurious homes priced up to $1.3 million, making it a perfect destination for your next real estate investment.
About Oak Ridge
Situated just a short drive from Knoxville, Oak Ridge is a unique neighborhood known for its historical significance and scientific heritage, having played a crucial role during World War II. The character of this community is defined by its strong sense of pride, friendly residents, and a commitment to preserving its natural beauty. Ideal for families and young professionals, the area boasts excellent schools like Linden and Grand Oaks, making it a perfect place to settle down and thrive.
- Rich historical background with a scientific heritage
- Strong community spirit and friendly neighborhoods
- Access to excellent educational institutions
- Natural beauty with parks and green spaces
- Close proximity to Knoxville for additional amenities
Housing Market
The Oak Ridge real estate market currently features 106 active listings, with properties typically staying on the market for around 75 days. Buyers are attracted to the variety of home types available, including single-family homes, townhouses, and spacious estates. With an average listing price of $452,000, the market caters to a wide range of budgets and preferences. Whether you’re looking for a starter home or a more luxurious residence, the options in homes in Oak Ridge are diverse and appealing, ensuring you find the perfect match for your needs.
Local Dining & Restaurants
Living in Oak Ridge offers a diverse culinary scene, catering to various tastes and preferences. Here are some popular dining establishments that locals frequent:
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The Other One
Cuisine: American
Why It’s Popular: Known for its hearty deli sandwiches and casual atmosphere, The Other One is a favorite spot for lunch and quick bites. Their extensive menu and generous portions make it a go-to for many residents.
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Los Caballeros
Cuisine: Mexican
Why It’s Popular: Offering authentic Mexican dishes, Los Caballeros is celebrated for its flavorful cuisine and vibrant ambiance. It’s a preferred choice for those seeking traditional Mexican flavors in a family-friendly setting.
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Kume
Cuisine: Asian
Why It’s Popular: Kume provides a diverse Asian menu, including sushi and hibachi options. Its fresh ingredients and skilled preparation have earned it a loyal customer base among locals.
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Sicilia Grill
Cuisine: Italian
Why It’s Popular: Sicilia Grill is renowned for its authentic Italian dishes, from classic pasta to wood-fired pizzas. The cozy atmosphere and attentive service make it a popular choice for both casual dinners and special occasions.
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Chick-fil-A
Cuisine: Fast Food
Why It’s Popular: Known for its signature chicken sandwiches and exceptional customer service, Chick-fil-A is a staple for quick and satisfying meals. Its consistent quality and friendly staff keep locals coming back.
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Freddy’s Frozen Custard & Steakburgers
Cuisine: Fast Food
Why It’s Popular: Freddy’s offers a nostalgic dining experience with its classic steakburgers and creamy frozen custard. The retro vibe and delicious offerings make it a favorite among families and individuals alike.
Community Events & Activities
Oak Ridge boasts a vibrant community life with numerous events and activities throughout the year. Here are some notable recurring events:
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Oak Ridge Outdoor Festival
When: Annually in June
Details: This festival offers a day of fun activities at various city parks, including introductions to mountain biking, disc golf, plein air art, pickleball, kayaking, and hiking. It’s an excellent opportunity for residents to engage in new recreational pursuits. Learn more
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Summer Camp Programs
When: June and July
Details: The Oak Ridge Recreation & Parks Department offers summer camps for children aged 6 to 15. These camps include field trips, special events, and daily activities at local venues, providing a fun and educational experience for the youth. More information
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Oak Ridge Symphony Orchestra Performances
When: Various dates throughout the year
Details: Celebrating over 80 years, the Oak Ridge Symphony Orchestra offers professional community-based performances, enriching the local cultural scene. Read more
Parks & Recreation
Oak Ridge amenities include a variety of parks and recreational facilities that cater to all ages and interests. Here are some notable options:
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A.K. Bissell Park
Features: This 38-acre park includes a 1.25-mile walking loop, picnic shelter, performance pavilion, and the Friendship Bell. It’s a central spot for community gatherings and outdoor activities. Park details
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Haw Ridge Park
Features: Spanning 780 acres along the Clinch River, Haw Ridge Park offers nearly 30 miles of trails suitable for hiking, biking, and running. It’s a haven for outdoor enthusiasts seeking adventure in a natural setting. More info
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University of Tennessee Arboretum
Features: This 250-acre research and educational facility boasts over 2,500 native and exotic plant specimens and nine walking trails. It’s an ideal spot for nature walks and learning about diverse plant species. Learn more
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Oak Ridge Community Swimming Pool
Features: Constructed in 1945, this outdoor pool holds approximately 2.2 million gallons of water, making it one of the largest spring-fed pools in the U.S. It’s a popular spot for cooling off during the summer months. Pool information
Community Character
Living in Oak Ridge offers a unique blend of historical significance and modern amenities. Known as the “Secret City” due to its pivotal role in the Manhattan Project during World War II, Oak Ridge has evolved into a vibrant community that values education, culture, and recreation. The city’s commitment to preserving its rich history while fostering innovation and community engagement makes it a distinctive and welcoming place to call home.
Whether you’re exploring the numerous parks, participating in community events, or enjoying the diverse dining options, there are always things to do in Oak Ridge that cater to a wide range of interests and lifestyles.
Frequently Asked Questions
What is the average home price in Oak Ridge?
The average home price in Oak Ridge is $452,000. Home prices range from $170,000 to $1.3 million, providing options for various budgets.
What schools serve Oak Ridge?
Oak Ridge is served by schools including Linden, Grand Oaks, and Glenwood. These schools are known for their quality education and community involvement.
Is Oak Ridge a good investment?
Yes, Oak Ridge is considered a good investment, especially in the current buyer’s market. With 106 active listings, buyers have diverse options, making it an appealing area for real estate investment.
How long do homes stay on the market in Oak Ridge?
Homes in Oak Ridge typically stay on the market for about 75 days. This duration reflects the current buyer’s market conditions, allowing buyers ample time for decision-making.
What amenities are near Oak Ridge?
Oak Ridge boasts a variety of amenities, including parks, shopping centers, and recreational facilities. Residents enjoy easy access to outdoor activities and community events.
Is Oak Ridge family-friendly?
Yes, Oak Ridge is very family-friendly. With quality schools and numerous parks, families find a welcoming community with plenty of activities for children.
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