Oak Ridge, MO
Housing market overview · Updated weekly
$285,000median sale price
Homes sold
1
Last 12 weeks
Days on market
3
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
101.8%
Above asking
Oak Ridge, MO housing market analysis
The Oak Ridge housing market is currently classified as a strong seller's market with a median sale price of $285,000. Homes in Oak Ridge spend an average of 3 days on market before going under contract, which is exceptionally fast and indicates intense buyer competition in this area.
With 1.0 months of supply, inventory in Oak Ridge is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home. The average sale-to-list price ratio stands at 101.8%, meaning homes are selling at or above their asking price on average — a strong indicator of competitive demand.
There are currently 1 active listings in Oak Ridge, providing a very limited selection that intensifies competition among buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Oak Ridge as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Oak Ridge with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
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Frequently asked questions
What is the average home price in Oak Ridge?
The median home sale price in Oak Ridge is $285,000, down 0.0% from last year.
How long do homes stay on market in Oak Ridge?
Homes typically spend 3 days on market before going under contract.
Is Oak Ridge a buyer's or seller's market?
With 1.0 months of supply, Oak Ridge is currently a strong seller's market.
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