Oak Ridge Home Values

Concession activity among Oak Ridge sellers rebounded this quarter after last month's pullback, with more than one in three closed transactions including a seller concession — still well short of Kaufman County's roughly two-in-three rate, based on MLS data for 2026-07 closings in Oak Ridge. With only eight sales in the trailing quarter, the swing carries wide confidence intervals, but sellers continued giving back close to four cents on the dollar at the table, in line with the county norm, while roughly three in five deals closed under list. Per-square-foot values settled near $177, down from the trailing year's roughly $208 mark, and average concession dollars held close to $15,000, little changed from the annual figure.

Oak Ridge's near-term pipeline complicates the seller story. Pending contracts fell to zero against sixteen active listings, the thinnest conversion signal in recent memory, even as new-listing activity arrived close to the trailing-year pace. Months of supply loosened to six — still comfortably tighter than Kaufman County's more than eight, preserving a structural edge for local sellers. Closing timelines quickened modestly, edging below the trailing-year average, suggesting homes that do move are moving faster even as the stalled pending count raises questions about near-term deal flow heading into fall.

While Kaufman County's broader market settled closings at roughly $300 per square foot, Oak Ridge recorded a median of about $216 per square foot over the trailing quarter — a notable premium that has persisted across the trailing year as well. Based on MLS data for 2026-06 closings in Oak Ridge, the seven transactions that did close reflected sellers giving back roughly five and a half cents on the dollar, with nearly nine in ten deals finishing below asking. The concession rate fell sharply compared to the prior period — dropping from about one in three to roughly one in four — suggesting some incremental firming even as buyers retained the upper hand. Median days on market ran to about 150, more than double the county-wide figure, underscoring that Oak Ridge homes take considerably longer to clear than the Kaufman average.

Oak Ridge's pipeline remains thin relative to its active supply. With 19 active listings and only 3 pending contracts, the absorption pace points toward continued buyer-favorable conditions heading into the next quarter. New listing activity added 11 homes against a single-digit pending pool, widening the already-extended supply gap. At roughly 8 months of supply — matching the county average — Oak Ridge is not an outlier on that metric, but the combination of slow velocity and a small transaction base means that conditions can shift materially with just a few additional contracts. The thin volume warrants caution in reading any single month's data as a definitive trend.

With only 6 closings in the trailing quarter, Oak Ridge, TX carries wide confidence intervals — but the completed-sale data tells a consistent story. Based on MLS data for recent closings in Oak Ridge, buyers negotiated from a position of clear advantage: sellers received roughly 94 and a half cents on the dollar at closing, and more than four in five transactions closed below asking. The concession rate among closed deals ran at about one in three, with sellers contributing roughly $12,500 on average. Price per square foot came in around $211, essentially flat with the trailing-year average, while the median closed price of roughly $485,000 sits meaningfully above the annual baseline — a reflection of the small sample rather than a sustained shift.

With 8.5 months of supply and only 3 pending contracts against 17 active listings, Oak Ridge's pipeline strongly favors buyers heading into the near term. New listing activity added 10 homes to the pool against just a handful of pending agreements, further widening the absorption gap. The limited transaction volume in this small market makes definitive signals difficult — Kaufman County's broader supply picture, at nearly 10 months, suggests the slack-demand environment extends well beyond Oak Ridge and is unlikely to resolve quickly.