Section Image

Old Town

Old Town

$208,919 Average Value
$175 Average Price per Sq Ft
30 Homes For Sale

Old Town is a rural community that offers a slower pace

Old Town is a small community along the U.S. Route 19/98 corridor on the eastern edge of Dixie County about 40 miles from Gainesville. Residents enjoy an Old Florida lifestyle that offers space, privacy and freedom from residential restrictions. At the same time, residents enjoy easy access to nearby recreational attractions. “It’s a rural community with access to natural resources,” says Dewey Hatcher of Hatcher Realty Services, who sells homes throughout the area. “A lot of people there are just looking to slow down the pace of life.”

The area remains appealing to those escaping the city

“When COVID hit, so many people from the city didn’t want to deal with the restrictions,” Hatcher says. “They were short-lived, but that made our market accelerate, and that is still going on.” Almost all of the community’s non-HOA homes are located outside the city limits. Manufactured homes are the most common offerings. Traditional single-family homes feature different styles and sizes in country settings, where quiet roads and mature trees are common. “In Old Town, they’ve got larger lot sizes,” Hatcher says. “They sell for a little bit more money, but you can get 5 acres.” Fixer-uppers and investor specials can start around $50,000, but, overall, prices typically range from around $100,000 to $300,000-plus for manufactured homes, and $100,000 to $400,000-plus for single-family homes. The largest and most expensive options are found along the Suwanee River. The Gulf Coast is nearly 30 miles away, so flooding is rarely an issue. However, wind damage can be a major risk during hurricane season.

Shopping and dining options are prevalent in nearby communities

A grocery store is a highlight of the shopping and dining options along the highway that runs through the heart of the community. The commercial corridor is also home to several independent businesses offering a variety of goods and services, gas stations and a post office. More shopping and dining options are located along the highway heading into neighboring Fanning Springs and farther south in Chiefland, a city about 12 miles away.

Trail, river, state parks are featured attractions

Old Town is one of several communities through which the Nature Coast State Trail runs. Just east of the Old Town trailhead is the Historic Suwannee River Railroad Bridge, one of the most popular destinations along a trail that follows the path of an old rail line. There’s a boat ramp at nearby Joe Anderson Park along the river, which is a haven for canoers, kayakers, boaters and anglers. Just across the river is Fanning Springs State Park, a regional attraction whose blue-green waters flow directly into the Suwannee. Farther south along the river is Manatee Springs State Park, where one of Florida’s most lovable creatures roams freely.

Community elementary school rated B-plus by Niche

The community is served by Dixie District Schools, which earns a B-minus from Niche. Old Town Elementary, which earns a B-plus, is the highest rated of three above-average schools that make up the standard PK-12 pipeline. Ruth Rains Upper Elementary and Dixie County Middle-High School are rated B-minus. Students at the Middle-High School can take Career & Technical Education courses.

Access to nearby towns, jobs in Gainesville

Route 19/98 provides a direct route to nearby towns, including the county seat of Cross City, less than 10 miles away. The regional highway also provides access to Gainesville, which is home to the University of Florida and UF Shands Hospital, two of the region’s largest employers. “Since Covid, it’s amazing how many people have left Gainesville and now drive an extra 20 miles to work,” Hatcher says. Gainesville Regional Airport is the closest facility for commercial flights.

Matt Pallister
Written By
Matt Pallister

Interested in learning more about homes in this area? Reach out to Natalie Thomas, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Old Town Housing Trends

Housing Trends

Median List Price
$248,950
Median Sale Price
$180,000
Median Single Family Sale Price
$230,000
Median Change From 1st List Price
8%
Last 12 months Home Sales
46
Median Home Sale Price YoY Change
-3%
Average Price Per Sq Ft
$175

Area Facts

Number of Homes
998
Number of Homes for Sale
30
Median Year Built
1989
Months of Supply
7.80
Average Single Family Home Size Sq Ft
1,443
Significantly below the national average
1,926
Average Townhouse Size Sq Ft
1,860
Median Lot Size Sq Ft
43,560

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Old Town Has More Owners

Demographics

Total Population
10,556
Median Age
50
Population Density
6 ppl/acre
Population under 18
20.4%
On par with the national average
23.8%
Population over 65
28%
Above the national average
19.1%

Finances

Median Household Income
$46,865
Significantly below the national average
$71,702
Average Household Income
$64,845

Education and Workforce

High School Graduates
81.3%
College Graduates
11.2%
Below the national average
34.1%
Advanced Degrees
6.4%
% Population in Labor Force
44.9%
Below the national average
65.1%

Weather

Annual Precipitation
58''
Average Winter Low Temperature
40°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Old Town
Natalie Thomas
Miller Real Estate
Section Image