James & Stephanie Crawford

Old Hickory, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Old Hickory, TN

Mon Jun 17 2019
This week the median list price for Old Hickory, TN is $309,900 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has held steady at or around 74. Click here to stay informed with the Old Hickory market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Old Hickory, TN

Mon Jun 17 2019
This week the median list price for Old Hickory, TN is $309,900 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has held steady at or around 74. Click here to stay informed with the Old Hickory market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Old Hickory market.
Median List Price $309,900
Per Square Foot $179
Days on Market 125
Price Decreased 42%
Price Increased 3%
Relisted 80%
Inventory 74
Median House Rent $1,675
Most Expensive $1,699,000
Least Expensive $186,500
Market Action Index
Strong Seller's Market
45

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$692,450 3,841 0.5 - 1 acre 4 3 24 1 0 173
$414,450 2,523 0.5 - 1 acre 3 2 24 2 3 140
$271,400 1,462 0.25 - 0.5 acre 3 2 24 3 7 95
$239,900 1,360 4,500 - 6,500 sqft 3 2 26 5 5 97