Is Hickory, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$289,566
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Hickory was $289,566 in June 2024, up 10.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $149.9K | -0.1% |
2 Bedrooms | $175K | $180.2K | +3.0% |
3 Bedrooms | $257K | $285.8K | +11.2% |
4 Bedrooms | $407K | $465K | +14.3% |
5+ Bedrooms | $518K | $555K | +7.1% |
Summary: Hickory housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
Hickory Township | $257K | $288.5K | +12.3% |
Long View | $174.5K | $195K | +11.7% |
Hickory | $261.1K | $289.5K | +10.9% |
Clines Township | $276.3K | $295.5K | +6.9% |
Housing Supply in Hickory, NC
How many homes are available in Hickory, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
366 | 371 | +1.4% |
Summary: The Hickory real estate market had 371 homes for sale in June 2024, a 1.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 69 | 71 | +2.9% |
3 Bedrooms | 192 | 186 | -3.1% |
4 Bedrooms | 77 | 88 | +14.3% |
5+ Bedrooms | 27 | 25 | -7.4% |
Summary: The Hickory housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 7.4%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
106 | 72 | -32.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in Hickory in June 2024, down by 32.1% month-over-month. Of the 72 sold homes, 60% were sold under asking, 17% were sold at asking, and 24% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
22 Days | 20 Days | -10.5% |
Summary: Homes in Hickory had an average of 20 days on market in Jun 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 72 homes were sold in Hickory; 82% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.