Why Live in Old City
Old City in Knoxville is a historic neighborhood known for its unique character, featuring condos transformed from early 1900s brick warehouses. The Sterchi Lofts is a notable landmark, offering residences that retain historic elements like brick walls while providing modern interiors. Community safety is actively discussed at The Old City Association meetings. For outdoor activities, residents can visit Petsafe Downtown Dog Park or Cradle of Country Music Park, which celebrates the area's musical heritage. The former 1982 World’s Fairgrounds, less than a mile away, offers seasonal splash pads and the Sunsphere observation tower. The neighborhood is a nightlife hub with over 20 bars and nightclubs, including Hanna’s Café and Boyd’s Jig and Reel, a Scottish-style pub known for its live music and extensive whisky selection. Local businesses like Two Bikes and Addison’s Bookstore contribute to the community feel, while Red Panda Grocery provides everyday essentials. The Old City Market, starting in April, features vendors selling handmade goods. With a Walk Score of 89, the neighborhood is highly walkable, and cycling is popular due to its proximity to the university. Public transportation is accessible via Knoxville Area Transit bus stops, and drivers have options for both free and paid parking. Younger students in the area attend the highly rated Sequoyah Elementary.
Home Trends in Old City, TN
On average, homes in Old City, Knoxville sell after 38 days on the market compared to the national average of 51 days. The median sale price for homes in Old City, Knoxville over the last 12 months is $515,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$515,000
Median 2 Bedroom Sale Price
$629,000
Median 1 Bedroom Sale Price
$412,500
Average Price Per Sq Ft
$525
Number of Homes for Sale
20
Last 12 months Home Sales
25
Median List Price
$585,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-6%