5513 Palermo Trail Oak Ridge, NC 27310
Listing Brokerage NameAllen Tate Oak Ridge Highway 68
Community - Oak Ridge
Sale Price as (%) of Asking Price
Average Sale Price
Average Days On Market
Data compiled from available Multiple Listing Service sources.
Oak Ridge is a quaint town in northwestern Guilford County approximately 25 minutes from both Greensboro and Winston-Salem. Laid-back small-town living awaits in this primarily residential community.
Homes in Oak Ridge enjoy spacious yards overlooking the beautiful landscape of this small town. Most Oak Ridge homes are constructed in a traditional or Colonial style with attractive brick facades and colorful shutters. As Oak Ridge has seen rapid growth in its population, upscale housing has evolved over years. You will discover a number of large estates and new construction homes in well-planned neighborhoods as a result. The median home prices is above both the state and national averages, making this a valuable area to invest in real estate.
Lifestyle and Attractions
Oak Ridge is a small town situated in a peaceful setting on the outskirts of the city, presenting a lifestyle of quiet and peace for its nearly 7,000 residents. Greensboro and Winston-Salem are each located about 25 minutes from Oak Ridge, and Kernersville is 14 minutes away, providing plenty of opportunities for dining, shopping, entertainment and employment. The highest percentage of workers in Oak Ridge are employed in the management, business and finance industries, and the short commute to these nearby cities makes Oak Ridge a quiet home base for executives. Jetsetters may access the Piedmont Triad International Airport, located approximately seven miles from Oak Ridge. Oak Ridge neighbors the towns of Colfax, Summerfield and Stokesdale.
Community and recreational activity centers on Oak Ridge Town Park, an 80-acre park with lighted athletic fields, walking trails, a pond, open grassy areas, a playground and more. The Dog Park is very popular within the park, hosting an annual event called Canine Capers. There is also a Summer Music Series in the park that draws residents from Oak Ridge and neighboring towns.
Within an hour’s drive, residents may explore hiking trails at Pilot Mountain and Hanging Rock State Parks. Historic sites in Oak Ridge include the Old Mill of Guilford and Stafford Farm. The town was named after the Oak Ridge Military Academy, a private, co-ed, college-preparatory military boarding school in the center of Oak Ridge. Annual community events and festivals include RidgeFest, the Annual Colfax Persimmon Festival, and more. Oak Ridge is also within an hour of Virginia and parts of the Blue Ridge Parkway.
Nearby Schools and Higher Education
Oak Ridge has one public school within the Guilford County School System and there are at least 20 private institutions in neighboring Greensboro. Oak Ridge is also home to the Oak Ridge Military Academy, a private college-preparatory military boarding school. Oak Ridge contains no institutions of higher learning, but a reasonable commute brings many opportunities within reach. Nearby colleges and universities include Greensboro College, High Point University, University of North Carolina at Greensboro, and more. The Donald Carmen Campus of Guilford Technical Community College is just 3 miles away.
Founded in 1852, the Oak Ridge Military Academy is the third-oldest military school in the nation and is the official military school of the state. The surrounding area that is now Oak Ridge, which previously consisted of rural farmland full of tobacco and strawberry fields, was named after the military academy. The town was officially incorporated in 1998, and soon became a hot spot for upscale housing developments due to its central location. In March 2017, Oak Ridge received a “Tree City” designation from the Arbor Day Foundation.
Approximate Distance to:
Greensboro: 16 Miles
Winston-Salem: 18 Miles
Kernersville: 6 miles
Piedmont Triad International Airport: 7.5 Miles
Moses H. Cone Memorial Hospital: 16 Miles
Wake Forest Baptist Medical Center: 20 Miles
Novant Medical Center in Kernersville: 8 miles
I-40: 7.5 Miles
I-73: 10.5 Miles
Properties within a 2.91 mile radius and similar in price (± 10%)