Why Live in Oakridge
Oakridge, nestled in the scenic landscape of Oregon, is a modest community surrounded by the Willamette River and Willamette National Forest. Known as the mountain biking capital of the Pacific Northwest, Oakridge offers numerous trails and outdoor activities, including fishing, kayaking, hiking, and camping. The town is above the fog line and below the snow line, making outdoor activities accessible year-round. The community features a mix of older homes from the 1930s to 1950s and newer constructions from 2000 to 2020, with Craftsman-style bungalows, ramblers, and mobile homes along the foothills and river. Residents enjoy local amenities such as Ray's Food Place, Dollar General, and the Oakridge Community Farmers Market. Dining options include Big Mountain Pizza, Three-legged Crane Pub, and The Campfire. For recreation, Oakridge Greenwaters Park offers playgrounds and picnic areas, while Hills Creek Lake is just 5 miles away for lake activities. The community's schools, Oakridge Elementary and Oakridge Junior/Senior High School, have average ratings but are noted for their supportive teachers and student progress. For more extensive shopping and medical needs, residents can travel 45 miles to Eugene or Springfield. Oakridge's proximity to the Willamette Highway and Interstate 5 ensures easy access to larger cities like Salem and Portland, with Portland International Airport 145 miles away.
Frequently Asked Questions
What is the average home price in Oakridge, OR?
Homes for sale in Oakridge, OR have an average home price of $352,849.
How many homes have sold over the last 12 months in Oakridge, OR?
49 homes have sold in Oakridge, OR over the last 12 months.
What are the most popular zip codes in Oakridge, OR?
How much do you need to make to afford a house in Oakridge?
The median home price in Oakridge is $315,000. If you put a 20% down payment of $63,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Oakridge.
How are the schools in Oakridge, OR?
Home Trends in Oakridge, OR
On average, homes in Oakridge, OR sell after 89 days on the market compared to the national average of 50 days. The median sale price for homes in Oakridge, OR over the last 12 months is $290,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$290,000
Median Single Family Sale Price
$299,999
Average Price Per Sq Ft
$215
Number of Homes for Sale
23
Last 12 months Home Sales
49
Median List Price
$315,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
10%