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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Historic Old Hickory Village is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Historic Old Hickory Village, TN

How much do homes in Historic Old Hickory Village, TN cost?

Median Sold Price

$345,250

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,750(+7.1%)

Key Takeaway

Homes in Historic Old Hickory Village have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Historic Old Hickory Village was $345,250 in October 2024, up 7.1% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $294.9K$297K
+0.7%
3 $342.4K$356K
+4.0%
4 $449.9K$418K
-7.1%
5+ $900K-
N/A

Summary: Historic Old Hickory Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Historic Old Hickory Village
+7.1%
Donelson / Hermitage
+6.1%

Housing Supply in Historic Old Hickory Village, TN

How many homes are available in Historic Old Hickory Village, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2835+25.0%

Summary: The Historic Old Hickory Village real estate market had 35 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1615
-6.3%
4 812
+50.0%
5+ 14
+300.0%

Summary: The Historic Old Hickory Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Historic Old Hickory Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Historic Old Hickory Village in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Historic Old Hickory Village, TN

How long does it take to sell a home in Historic Old Hickory Village, TN?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days47 Days+241.7%

Summary: Homes in Historic Old Hickory Village had an average of 47 days on market in Oct 2024, up by 241.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Historic Old Hickory Village; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

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