Recently Sold Homes in Old City, Knoxville

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United StatesTennesseeKnoxvilleOld City

Old City Real Estate Insights

Old City is a neighborhood located in Knoxville, Tennessee.

If you enjoy eating then Old City is for you because there is a huge amount of restaurants that offer unique foods for many different cravings, like pizza, British and Southern. There are many great night places that open late here, so you'll find plenty of ways to keep yourself entertained in the evening. Those of you who appreciate the arts will love that Old City has a variety of venues to visit. If shopping is your thing, then this area is one of the best spots, with musical instrument stores, art galleries and hobby shops and many others offering a great variety of products. Many people living in Old City are able to complete their daily commute by walking as the distance to get to many work places is quite walkable.

Old City has a lot of homes unoccupied by the actual the owners. A high percentage of the residents living in this location successfully completed college before going on to find a career here. The number of married couples is low in Old City so you might want to consider this location if you are single.

Home prices in Old City didn't see much movement last year with a slight 5 percent drop in average listing price, but with a $384,825 average listing price this year, buyers can still enter the market with confidence. At the same time, number of homes for sale on the market increased noticeably by 33.3 percent. Inventory in last year hit 3 homes for sale, which extended to 4 in this year, allowing buyers a larger scope of the market in their home searches. Several homes in Old City enjoy the sleek look of kitchens fitted with modern stainless steel appliances. Quite a few properties in this neighborhood have plenty of loft space which you can use for storage or might consider converting into an extra room.