Is Hickory, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hickory has remained a Seller's Market.
Housing Prices in Hickory, NC
How much do homes in Hickory, NC cost?
Median Sold Price
$286,833
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hickory was $286,833 in April 2024, up 11.6% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $155K | +21.6% |
2 Bedrooms | $175K | $181.6K | +3.8% |
3 Bedrooms | $250K | $285.5K | +14.2% |
4 Bedrooms | $400K | $443.7K | +10.9% |
5+ Bedrooms | $509K | $560K | +10.0% |
Summary: Hickory housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Hickory Township | $249.6K | $285K | +14.2% |
Long View | $172.5K | $195K | +13.0% |
Hickory | $257K | $286.8K | +11.6% |
Clines Township | $274.3K | $300K | +9.4% |
Housing Supply in Hickory, NC
How many homes are available in Hickory, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
313 | 367 | +17.3% |
Summary: The Hickory real estate market had 367 homes for sale in April 2024, a 17.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 53 | 65 | +22.6% |
3 Bedrooms | 174 | 201 | +15.5% |
4 Bedrooms | 58 | 70 | +20.7% |
5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The Hickory housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 75 | +7.1% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Hickory in April 2024, up by 7.1% month-over-month. Of the 75 sold homes, 51% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for Hickory, NC
How long does it take to sell a home in Hickory, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 54 Days | +99.3% |
Summary: Homes in Hickory had an average of 54 days on market in Apr 2024, up by 99.3% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 75 homes were sold in Hickory; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.