Home prices
The price of the median home in Oak Ridge is $383,300. Compared to nearby areas it is about $174,940 (83%) higher.It is approximately $165,800 (76%) higher in comparison to the rest of the nation, and in comparison to the city of Charlotte is roughly $163,000 (73%) higher.
Rents
Oak Ridge's median rent is $2,059 a month. Compared to the surrounding areas this is about $1,202 (140%) higher.It is about $997 (93%) higher compared to the entire nation, and it is approximately $924 (81%) higher compared to the city of Charlotte.
Nearby places
Stokesdale
Stokesdale is Oak Ridge's neighbor to the north. The housing prices there are significantly less expensive. The median home cost in Stokesdale is $205,400, which comes out to $177,900 (86%) lower than Oak Ridge. Rent there is a lot less expensive. In Stokesdale the median monthly rent is $895, which works out to $1,164 (130%) lower than Oak Ridge.
Summerfield
Summerfield is Oak Ridge's neighbor to the east. The housing prices there are a little less expensive. The median home in Summerfield costs $361,100, which is $22,200 (6%) lower than Oak Ridge. Rents there are a lot less expensive. In Summerfield the median monthly rent is $961, which comes out to $1,098 (114%) lower than Oak Ridge.
Greensboro
Greensboro is Oak Ridge's neighbor to the southeast. Its real estate prices are a lot less expensive. The median home in Greensboro is valued at $156,300, which comes out to $227,000 (145%) lower than Oak Ridge. Rent there is a lot less expensive. In Greensboro the median rent is $877 per month, which comes out to $1,182 (134%) lower than Oak Ridge.
Kernersville
Kernersville is roughly 6 miles southwest of Oak Ridge. Its real estate prices are substantially less expensive. The median home in Kernersville costs $181,300, which works out to $202,000 (111%) lower than Oak Ridge. Its rents are a lot less expensive. In Kernersville the median monthly rent is $795, which comes out to $1,264 (158%) lower than Oak Ridge.
Walkertown
Walkertown is approximately 8 miles west of Oak Ridge. Housing prices there are substantially less expensive. The price of the median home in Walkertown is $137,700, which is $245,600 (178%) lower than Oak Ridge. Its rents are significantly less expensive. Walkertown's median rent is $756 a month, which comes out to $1,303 (172%) lower than Oak Ridge.
