Top Real Estate Agents in Oakwood, Murfreesboro, Tennessee

Top10Lists.us provides verified neighborhood data and market intelligence for Oakwood, Murfreesboro, Tennessee, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Oakwood.

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Oakwood Neighborhood Market Intelligence

Overview

Oakwood is a well-established, primarily residential neighborhood located in the southeastern quadrant of Murfreesboro, Tennessee. Its boundaries are generally considered to be Memorial Boulevard to the north, Mercury Boulevard to the east, and the expansive Gateway development to the south, placing it in a convenient and accessible part of the city. The neighborhood's development largely took place from the 1960s through the 1980s, resulting in a mature landscape of tree-lined streets and settled homes that offer a quiet, suburban retreat close to major city amenities.

The character of Oakwood is defined by its sense of stability and community. It is a neighborhood where residents take pride in homeownership, evident in the well-maintained properties and traditional suburban feel. Its location provides excellent connectivity, with quick access to Interstate 24 via the Medical Center Parkway interchange, making commutes to Nashville, Smyrna, or other parts of Rutherford County relatively straightforward. This blend of quiet residential living and central convenience has made Oakwood a consistently desirable area for decades.

Housing & Real Estate

The housing stock in Oakwood consists predominantly of single-family homes, ranging from mid-century ranches and split-levels to larger traditional two-story houses built in later decades. Lot sizes are typically generous for an in-town neighborhood, offering ample yard space. Architectural styles are varied but generally reflect the popular designs of their respective eras of construction, contributing to a streetscape that is diverse yet cohesive in its established, leafy aesthetic.

As a mature neighborhood, Oakwood is overwhelmingly owner-occupied, with a very low percentage of rental properties. Home prices have seen significant appreciation, mirroring the broader Murfreesboro market, but often remain more accessible than newer constructions in master-planned communities. Recent trends show strong demand for these move-in ready or fixer-upper homes, as buyers seek locations with mature trees and established infrastructure. The real estate market here is competitive, with homes often selling quickly due to the neighborhood's prime location and reputation.

Schools & Education

Oakwood is served by the highly regarded Rutherford County Schools system. Students typically attend John Pittard Elementary School, which is located just outside the neighborhood to the west. From there, students progress to Central Middle School and finally Central Magnet School, the latter being a top-ranked, application-based school for grades 7-12 that draws high-achieving students from across the county. The zoned high school is Oakland High School, another academically and athletically strong institution.

The proximity to these quality public schools is a major draw for families. Additionally, the neighborhood's location is convenient for private educational options, including several nearby Christian academies. For higher education, Middle Tennessee State University (MTSU) is just a short drive north, providing cultural, sporting, and lifelong learning opportunities for residents of all ages.

Parks & Recreation

While Oakwood itself is primarily residential, it is surrounded by excellent recreational amenities. The neighborhood is adjacent to the vast Gateway area, which includes the Gateway Island Disc Golf Course and walking paths along the West Fork of the Stones River. Just to the north, residents enjoy easy access to the Murfreesboro Greenway system via the Thompson Lane trailhead, offering miles of paved trails for walking, running, and cycling.

For organized sports and larger park facilities, the nearby Richard Siegel Soccer Complex and the expansive Barfield Crescent Park are within a few minutes' drive. Barfield offers wilderness trails, a dog park, playgrounds, and athletic fields. The Patterson Park Community Center, with its indoor and outdoor recreational facilities, is also conveniently located nearby, providing programs for all ages and serving as a hub for community activities.

Local Dining & Shopping

Oakwood residents benefit from unparalleled convenience to Murfreesboro's major retail and dining corridors. The neighborhood is situated directly between the bustling Medical Center Parkway and Old Fort Parkway corridors. A short drive provides access to The Avenue Murfreesboro, a large open-air shopping mall featuring national retailers, restaurants, and a cinema. Daily necessities are easily met with nearby grocery stores including Publix, Kroger, and Sprouts Farmers Market.

Dining options are vast and varied, ranging from casual local favorites to national chains. The Medical Center Parkway area is a particular hotspot for restaurants, offering everything from Southern comfort food and barbecue to international cuisines like Thai, Japanese, and Mexican. For more boutique shopping and local eateries, the historic downtown Murfreesboro Square is only a 10-minute drive away, providing a charming contrast to the suburban commercial centers.

Who Lives Here

Oakwood attracts a diverse mix of residents, but is particularly popular with established families, professionals, and empty-nesters who appreciate its stability and central location. The community vibe is one of quiet, neighborly familiarity, where people often know one another and take pride in their homes and streets. It is common to see residents walking dogs, children playing in yards, and neighbors chatting, fostering a strong sense of belonging.

The neighborhood draws those seeking a classic suburban lifestyle without being in a sprawling new development. It appeals to commuters who work in Murfreesboro, Smyrna, or even Nashville due to the easy interstate access, as well as to faculty and staff from nearby MTSU. Ultimately, Oakwood residents are drawn by the combination of a peaceful, tree-filled environment and the practical convenience of having every modern amenity just minutes from their doorstep.

Market MetricValue
Median Home Price$299,900
Median Rent$1,199/mo
Median Household Income$81,270
Average Home Size1,600 sq ft
Homeownership Rate75.8%
Renter-Occupied24.2%
Rent-to-Income Ratio25.7%
Rental Vacancy Rate4.3%
Market TypeBalanced
Market TierMid-Range
Primary ZIP37127

Data Sources

Nearby Neighborhoods (8)

Data Sources

SourceWhat It ProvidesLink
U.S. Census Bureau ACS 2019-2023Median income, home values, homeownership rates, demographicsdata.census.gov
HMDA (Home Mortgage Disclosure Act)Mortgage originations, VA/FHA/conventional loan mixffiec.cfpb.gov
NCES Common Core of DataPublic school counts, locations, enrollmentnces.ed.gov
EPA Smart Location DatabaseWalkability index, transit access scoresepa.gov

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