Is Old Hickory, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Hickory is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Old Hickory has remained a Seller's Market.

Key Takeaway

Old Hickory is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Old Hickory, TN cost?

Median Sold Price

$328,166

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$51,430(+18.6%)

Key Takeaway

Homes in Old Hickory have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $275K-
N/A
2 $214.3K$238.9K
+11.5%
3 $268.7K$330K
+22.8%
4 $402.9K$465K
+15.4%
5+ $420K$540K
+28.6%

Median Sold Price Compared To Nearby Cities

Hendersonville
+21.4%
Hermitage
+21.3%
Mount Juliet
+20.4%
Old Hickory
+18.6%
Lakewood
+16.1%

How many homes are available in Old Hickory, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
120115-4.2%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 1312
-7.7%
3 7067
-4.3%
4 2931
+6.9%
5+ 85
-37.5%

Number of Homes Sold

Mar 2022Apr 2022%
3350+51.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Hickory, you could pay more than the asking price. 51% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
23 Days7 Days-66.6%

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Old Hickory are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Old Hickory, TN

Homes for sale in Old Hickory, TN have reached 115. The number of listings in Old Hickory, TN decreased by 4.2% between March 2022 and April 2022. In April 2022, listings were on the market for 7 days. During the same period, the median list price in this real estate market was $328,166. This housing market listing prices have changed between March 2022 and April 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 11.5%, the cost of 3 bedrooms properties went up by 22.8%, prices of 4 bedrooms properties went up by 15.4%, the cost of 5 bedrooms properties went up by 28.6%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 7.7%, volume of 3 bedrooms homes went down by 4.3%, the quantity of 4 bedrooms homes went up by 6.9%, the quantity of 5 bedrooms homes went down by 37.5%. Over 25 listings were sold over their listed price in April 2022 in Old Hickory, TN. In the same period over 11 listings were sold below the listed price and 13 listings were sold for the listed price.

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