Commercial Real Estate Market in Old Hickory, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 414 off-market properties in Old Hickory, TN.
Market Trends
Old Hickory, TN spans 17.9 square miles in Davidson County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Old Hickory, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Old Hickory, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Old Hickory, TN runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Old Hickory, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Old Hickory, TN has 23,631 residents in 9,905 households. Density runs 1,318 people per square mile. Median household income here is $87,450 and median gross rent $1,427 a month.
23,631
Population
9,905
Households
2.4
Avg Household Size
43
Median Age
40%
College-Educated
94%
High-School Grad
17.9 sq mi
ZIP Area
1,318
Density / Sq Mi
$87,450
Median Household Income
$54,738
Median Earnings
$1,427
Median Rent
$347,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hendersonville | — | — |
| Madison | — | $19.62 |
| Goodlettsville | — | — |
| Hermitage | — | — |
Commercial property in Old Hickory, TN asks $1,413/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Old Hickory?
Commercial property in Old Hickory, TN asks an average of $1,413 per square foot. The 7 most recent recorded sales traded at a median of $205/SF, so asking sits 587% above the achieved median.
Where does Realmo's Old Hickory market data come from?
Realmo compiles Old Hickory, TN figures from 8 recent recorded sales, 14 active sale listings, 2 active lease listings, 414 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 2 active for-lease listings in Old Hickory, TN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
