Oak Ridge · Springfield, IL

Is Now a Good Time to Sell in Oak Ridge, Springfield?

The median home in Oak Ridge sells for $90,450 with prices down 5% year-over-year. Save thousands with Ridley's flat fee.

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Oak Ridge Real Estate Market Conditions

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Oak Ridge market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Illinois average is 2.9.

Price MomentumFavors buyers

Prices down 4.789473684% year-over-year — vs. +8% statewide.

Seller LeverageFavors buyers

Homes selling at 93.54% of asking — buyers are negotiating 6.5% below list. Illinois average is 98.1%.

Bidding ActivityNeutral

21.43% of homes selling above list price — 13% below the Illinois average of 24.7%.

Sale SpeedFavors sellers

28 median days on market — 31 days faster than the Illinois average.

Market UrgencyNeutral

22.22% of listings go pending within 2 weeks — vs. 38.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 18.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$90,450

-5%

Days on Market

28

Price per Sq Ft

$75

Sale-to-List Ratio

93.54%

Homes Sold

14

Sold Above List

21.43%

Pending in 2 Weeks

22.22%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Springfield — delivered monthly.

Your savings

How much can you save selling in Oak Ridge?

$0Estimated savings

That covers your moving costs — save -0.9% of your home value

$90,450

$50,000$10M

Traditional Agent (3%)

$2,714

Ridley Pro (flat fee)

$3,499

Ready to sell in Oak Ridge?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Oak Ridge

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$2,714$3,499$999
Buyer agent$2,5332.8% avg$1,809~2% avg$1,809~2% avg
Closing costs (~1.5%)$1,357$1,357$1,357
Total cost$6,604$6,665$4,165
You save-$785$1,715

Based on the Oak Ridge median home price of $90,450. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Oak Ridge

A flat fee of $3,499 instead of the typical $3,499 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Oak Ridge market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Oak Ridge buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $0 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Oak Ridge

Ready to sell in Oak Ridge?

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