Old Hickory, TN
Old Hickory Real Estate and Homes For Sale
CityLearn about Old Hickory
What is Old Hickory known for?
Old Hickory, a neighborhood in the Nashville metro area is a lakeside suburb that was once a planned company town for the DuPont plant that still operates on a limited basis. Named after President Andrew Jackson whose nickname was “Old Hickory”, this neighborhood is sandwiched between the Cumberland River and Old Hickory Lake. A 20 minute drive to Downtown Nashville is convenient but many Old Hickory residents don’t find themselves making the commute that often thanks to the numerous restaurants and entertainment options in neighboring Hermitage and Madison. While its housing situation is no longer an extension of corporate hierarchy, the neighborhood’s stratified heritage does promote a unique living situation.
Who is Old Hickory a good fit for?
This charming small town, located right off the banks of the Cumberland River, is popular amongst folks seeking access to downtown Nashville, but desiring to live in a more peaceful and tranquil setting, away from the hustle and bustle of city life. With a laid-back, “lakeside town” atmosphere, many retirees enjoy settling down in this serene area, particularly in the Historic Old Hickory Village, a more suburban setting with beautifully renovated vintage houses. In recent years, this area has continued to grow in popularity as its community develops.
Homes for sale in Old Hickory
Pros & Cons of living in Old Hickory
Pros
- Old Hickory is an outdoor enthusiast’s dream – there are endless, gorgeous natural areas to explore. Fishing and boating hobbyists will particularly love the close proximity to the riverside.
- Old Hickory’s cost of living is very manageable, offering many options for a variety of budgets. This neighborhood is quite safe as well, providing peace of mind for residents.
- Homes in Old Hickory on the Wilson County side have access to some of the best public schools in Middle Tennessee.
Cons
- This area may not be the most beneficial for young professionals seeking to be immersed in a fast-paced environment suitable for networking opportunities.
- Old Hickory’s commute to Nashville isn’t the most convenient, with most residents usually taking about 30 minutes each way to drive to downtown.
- Many of the homes in Old Hickory are older and may feel outdated compared to the new construction in some of Nashville’s other neighborhoods.
How to get around in Old Hickory
The Nashville MTA’s bus route makes several stops in the Old Hickory area. The typical Lyft and Uber services are also available – otherwise, residents almost always travel by their own personal vehicle. Residents should be advised to examine their potential commute before deciding upon a residence, as the bus route is oftentimes not a viable option. Although Old Hickory certainly features improved public transportation than most other sections around Nashville, locals overwhelmingly rely on commuting by car.
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Parks and Recreation in Old Hickory
One of the major perks of residing in Old Hickory is being surrounded by beautiful natural areas. Rockland Recreation Area, Tailwater Access Area, and Old Hickory Beach are all located within close proximity to each other, offering a combination of boating, swimming, hiking, fishing, and even sand volleyball. Crooked Branch Park also provides plenty of hiking trails and scenic lake vistas for hiking enthusiasts.
For those looking for a more urban vibe, Lock Two Park is an excellent option, featuring a playground for families and situated directly adjacent to the Cumberland river. Additionally, Waterford Lake is a small, restful green space located next to a suburban community, a hidden gem that most visitors overlook.
12th Street Ball Field
1201 Elliston St, Old Hickory, TN 37138
Small park with an informal ballfield
Crooked Branch Park
116D Ray Ave, Lakewood, TN 37138
Natural area with trails
Old Hickory Beach
876 Burnett Rd, Old Hickory, TN 37138
Large picnic shelter, sandy swimming beach, a boat access ramp and a children’s playground.
Hermitage Golf Course
3939 Old Hickory Blvd, Old Hickory, TN 37138
Golf Course
Crime in Old Hickory
In the past year in Old Hickory there were 0% more assaults, 10% less burglaries, 3% less robberies, 7% less vehicle thefts compared to the national median.
With its small-town, down-home feel, most residents agree they feel very secure in Old Hickory. Some of this area’s less developed sections are more prone to crime but can be easily avoided. Most of Old Hickory does not suffer from high crime rates, and is generally a safe area to reside.
Cost of Living in Old Hickory
Old Hickory’s overall cost of living is only slightly above the national average, with a median housing price of $403,000.
Renting in Old Hickory is especially beneficial, as the average rental price is below the nation’s average, with a median pricing of $1,780 per month. Of particular note is Old Hickory’s low cost of healthcare and utilities, both perks of residing in this area.
- Education costs 16.20% more than the national average.
- Entertainment costs 11.60% more than the national average.
- Food costs 8.5% more than the national average.
- In Old Hickory utilities costs 6% more than the national average.
- Healthcare costs 3% more than the national average.
Overall, Old Hickory’s cost of living is 10.90% more expensive than the national average.
Job Market of Old Hickory
24,403 Total Popultation
The median household income in Old Hickory is $70,929 and the average household income in Old Hickory is $85,662. 16.07% of the population people works in Healthcare, 9.57% works in Retail, and 8.91% works in Manufacturing.
Real Estate Trends of Old Hickory
On one hand, the lakeshore offers some of the closest big-water housing to downtown Nashville, with sprawling houses and generous lots that often command well over a million dollars. On the other hand, just off the lake is a meticulously constructed grid of company homes designed for maximum efficiency. It’s an intriguing juxtaposition that allows contrasting lifestyles to flourish within a confined suburban space. Of course, most of the houses aren’t mansions along the lake, but homes crowding within the old company grid. Small lots and quaint, bungalow-style architecture are trademarks of these properties, many of which have recently undergone dramatic renovations to reclaim them for today’s buyers. These renovations include modern luxuries such as an open-concept floor plan, hardwood flooring, granite countertops, and stainless appliances.
If you’re not interested in reprising the company life nestled in these cozy neighborhoods, however, new construction is adding wrinkles to the home supply. Especially north of the original city, townhome complexes like the Robinson Rowhouses, along with modern subdivisions, are adding updated housing alternatives. This expanded selection has helped turn Old Hickory into a hub for aspiring Nashville homeowners. And while the market for renters is still in its nascent stages, asking prices are low enough for most to take the plunge into homeownership.
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FAQs
What is life in Old Hickory like?
Residents living in Old Hickory enjoy the close-knit neighborhood community conveniently located just outside of Nashville. Locals often spend time participating in family-friendly outdoor activities, as Old Hickory sits alongside The Cumberland River.
Why are homes in Old Hickory a good investment?
Thanks to the influx of recently updated older homes, the nearby waterfront, and the close proximity to downtown Nashville, Old Hickory has enjoyed modest but consistent gains in home values. One perk if you’re a buyer is that the predominantly small houses limit the ultimate sale price. Even though the neighborhood’s price per square foot of $196 is comparable to that of a place like Franklin, the average sale price of roughly $300,000 keeps the neighborhood accessible to less ritzy populations.
How long does it take to commute to Downtown Nashville from Old Hickory?
Commuting from Old Hickory to Downtown Nashville by car will take approximately 22 minutes.
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The data relating to real estate for sale on this website comes in part from the IDX or Internet Data Exchange Program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Felix are marked with the REALTRACS Internet Data Exchange Program logo. REALTRACS and Felix deem all information is believed to be accurate but not guaranteed and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation. © 2024 of the REALTRACS MLS. All rights Reserved.
