The prices in real estate in Old Hickory, in the Tennessee region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Old Hickory has increased during the last 6 months. In April, the average price per sq.feet was $148. In May this price pretty much remained the same at a value of $151 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $149.5 to $167.5 per sq.feet. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $158.5 to $170 during August, and September.
Based upon to the price in Old Hickory (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $495,814. During May the price went through a considerable rise reaching $710,780. During the following two months (June, July) the average price had a considerable reduction of 61 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $485,827.75 to $368,180.5, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $371,548 they are 54 % more affordable than the average price for Old Hickory. The properties with the lowest average price have 1 bedroom, Their price is 40 % cheaper than the average. After that we have properties with 4 bedrooms priced at $169,564.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $677 / sq.feet, with an average $181 / sq.feet price in Old Hickory. The properties with the highest average prices have 1 bedroom. They are 312 % more expensive than the average followed by properties with 4 bedrooms with a price at $677 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $371,548 it is 54 % cheaper than the average price in Old Hickory. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $169,564 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $677 / sq.feet followed by "Townhouse" priced at $767 / sq.feet. "Townhouse" is the most costly type of property with a $767 / sq.feet cost followed by "Apartment" with an average price of $677 / sq.feet.