Is Hickory, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hickory is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Hickory has remained a Seller's Market.

Key Takeaway

Hickory is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hickory, NC cost?

Median Sold Price

$245,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$17,718(+7.8%)

Key Takeaway

Homes in Hickory have sold for 7.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $90.2K$132.9K
+47.3%
2 $136K$170K
+25.0%
3 $210.6K$239.6K
+13.8%
4 $365K$415K
+13.7%
5+ $450K$549.9K
+22.2%

Median Sold Price Compared To Nearby Cities

Clines Township
+11.4%
Long View
+10.1%
Hickory Township
+9.8%
Hickory
+7.8%

How many homes are available in Hickory, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
189195+3.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 22
0.0%
2 4745
-4.3%
3 7777
0.0%
4 4550
+11.1%
5+ 1821
+16.7%

Number of Homes Sold

Aug 2022Sep 2022%
4854+12.5%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hickory, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
20 Days25 Days+22.5%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hickory are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hickory, NC

Homes for sale in Hickory, NC have reached 195. In September 2022 in Hickory, NC there were 3.2% more homes for sale than in August 2022. In September 2022 median list price was $245,000 and the average listing age was 25 days. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 47.3%, 2 bedrooms properties prices increased by 25%, prices of 3 bedrooms properties increased by 13.8%, prices of 4 bedrooms properties went up by 13.7%, 5 bedrooms properties prices increased by 22.2%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 4.3%, number of 3 bedrooms homes remained the same, 4 bedrooms homes inventory increased by 11.1%, the quantity of 5 bedrooms homes went up by 16.7%. In September 2022 more than 14 listings in Hickory, NC were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 28 were sold below.

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