Is Old Hickory, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Old Hickory was a Seller's Market.
Key Takeaway
Old Hickory is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Old Hickory, TN
How much do homes in Old Hickory, TN cost?
Median Sold Price
$379,950
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Old Hickory have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Old Hickory was $379,950 in April 2024, up 0.6% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $195K | N/A |
| 2 Bedrooms | $289.9K | $296.9K | +2.4% |
| 3 Bedrooms | $375.2K | $380K | +1.3% |
| 4 Bedrooms | $540K | $512.5K | -5.1% |
| 5+ Bedrooms | $733.3K | $600K | -18.2% |
Summary: Old Hickory housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Lakewood | $324.9K | $355K | +9.3% |
| Hendersonville | $481.7K | $499.9K | +3.8% |
| Mount Juliet | $540.8K | $549.9K | +1.7% |
| Old Hickory | $377.7K | $379.9K | +0.6% |
| Hermitage | $414.5K | $416K | 0.3% |
Housing Supply in Old Hickory, TN
How many homes are available in Old Hickory, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 128 | 136 | +6.3% |
Summary: The Old Hickory real estate market had 136 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 72 | 83 | +15.3% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Old Hickory housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 22 | -29.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old Hickory, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Old Hickory in April 2024, down by 29.0% month-over-month. Of the 22 sold homes, 23% were sold under asking, 36% were sold at asking, and 41% were sold over asking.
Days on Market for Old Hickory, TN
How long does it take to sell a home in Old Hickory, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 18 Days | -64.3% |
Summary: Homes in Old Hickory had an average of 18 days on market in Apr 2024, down by 64.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Old Hickory are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in Old Hickory; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.