NC · Metro #150

Hickory - NC housing market

The Hickory metro has a typical home value of $266,722, up 1.7% from a year ago. Homes sell in 30 days on average, a balanced market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$266,722
+1.7% vs. year ago
Median sale price
$278,897
+6.8% YoY
Median list price
$348,267
Sale-to-list ratio
97.9%
Selling below ask
Days on market
30d
Listings w/ price cut
28.1%
New listings / mo
378
+16.0% YoY
Homes for sale
1,656
+13.1% YoY
Typical rent
$1,595/mo
+3.1% YoY
Income needed to buy
$77,600
October 2026 report · Zillow data through September 2026

Hickory housing market, October 2026

The typical Hickory home is worth $266,722 as of September 2026, down 0.1% from the prior month, down 0.2% over three months, and up 1.7% from a year ago. Over the past two years values have ranged from $260,797 to $267,452.

Homes are going pending in about 30 days, slower than the 25 days seen three months earlier. There are roughly 1,656 homes for sale, 13% more than a year ago. 28.1% of listings have taken a price cut (up from 24.1% three months ago).

Typical rent is $1,595 a month, up 3.1% year over year, which puts the price-to-rent ratio at 13.9.

At this week's 7.40% mortgage rate with 20% down ($53,344), the typical Hickory home costs about $1,811 a month including tax and insurance, which needs a household income of roughly $77,600 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$267k$261kOct 24Oct 25Sep 26
Days to pending, 24 months
44d22dOct 24Oct 25Sep 26
Homes for sale, 24 months
1.7k1.1kOct 24Oct 25Sep 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($266,722) is the Zillow Home Value Index for the Hickory - NC metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.7% over the past year. In Hickory - NC, that means a home worth $262,264 last year is now worth roughly $266,722.

The median sale price, what homes actually close for, is $278,897. Homes are selling at 97.9% of list price, meaning buyers have room to negotiate.

Homes listed in Hickory - NC sit on the market for roughly 30 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 378 new listings hit the market each month in Hickory - NC. There are currently 1,656 homes for sale, up 13.1% from a year ago.

The typical monthly rent in Hickory - NC is $1,595, up 3.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 13.9x, buying territory (#168 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,477 a month in principal and interest, $118 less than renting before taxes, insurance and upkeep. The two break even at a 8.20% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →

Related

Other metros in NC

MetroHome value1-yr changeDays on market
Charlotte - NC$381,392 -0.8% 36.0d
Raleigh - NC$428,267 -1.7% 31.0d
Greensboro - NC$260,556 +0.8% 22.0d
Winston - NC$277,512 +1.7% 26.0d
Durham - NC$401,581 -2.5% 32.0d
Fayetteville - NC$253,782 +0.3% 32.0d
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