Oak Ridge, TN Real Estate

According to census data in the year 2000 there were 13,417 housing units in Oak Ridge. This represents a 5.7% growth from 12,694 in 1990.

Of those housing units, 12,654 were located in either urbanized areas or urban clusters, and 763 were located in what is classified as a rural area.

Homeownership rate in Oak Ridge is about 68.6%. Oak Ridge's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Oak Ridge were built after 1959.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom10.30%
Two Bedrooms27.50%
Three Bedrooms37.20%
Four Bedrooms17.40%
Five Bedrooms or more5.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1961
Median Value of occupied units$98,200
Median Price asked for vacant units$80,700

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1954
Median Monthly Rent asked for vacant units$389

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4.40%
Home Equity Loan4.90%
Simple Mortgage44.80%
Debt Free45.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14%