NC · Metro #150

Hickory - NC housing market

The Hickory metro has a typical home value of $274,525, up 2.3% from a year ago. Homes sell in 25 days on average, a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$274,525
+2.3% vs. year ago
Median sale price
$276,419
+4.8% YoY
Median list price
$347,683
Sale-to-list ratio
96.7%
Selling below ask
Days on market
25d
Listings w/ price cut
24.1%
New listings / mo
393
+8.0% YoY
Homes for sale
1,467
+5.5% YoY
Typical rent
$1,558/mo
+3.0% YoY
Context

How to read this data

The typical home value ($274,525) 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 2.3% over the past year. In Hickory - NC, that means a home worth $268,353 last year is now worth roughly $274,525.

The median sale price , what homes actually close for , is $276,419. Homes are selling at 96.7% of list price, meaning buyers have room to negotiate.

Homes listed in Hickory - NC sit on the market for roughly 25 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 393 new listings hit the market each month in Hickory - NC. There are currently 1,467 homes for sale, up 5.5% from a year ago.

The typical monthly rent in Hickory - NC is $1,558, up 3.0% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

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.

Related

Other metros in NC

MetroHome value1-yr changeDays on market
Charlotte - NC$390,942 -0.4% 23.0d
Raleigh - NC$438,138 -2.1% 19.0d
Greensboro - NC$266,965 +1.5% 17.0d
Winston - NC$284,988 +2.6% 16.0d
Durham - NC$415,643 -2.1% 18.0d
Fayetteville - NC$259,738 +0.4% 20.0d
Get new posts in your inbox. No spam, unsubscribe anytime.