Is Hickory Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hickory Township has remained a Seller's Market.
Housing Prices in Hickory Township, NC
How much do homes in Hickory Township, NC cost?
Median Sold Price
$282,303
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hickory Township was $282,303 in March 2024, up 16.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $155K | +21.6% |
2 Bedrooms | $173K | $179.9K | +4.0% |
3 Bedrooms | $242.7K | $282.7K | +16.5% |
4 Bedrooms | $399.5K | $430K | +7.6% |
5+ Bedrooms | $525K | $502.5K | -4.3% |
Summary: Hickory Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 4.3%.
Housing Supply in Hickory Township, NC
How many homes are available in Hickory Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
316 | 326 | +3.2% |
Summary: The Hickory Township real estate market had 326 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 48 | 54 | +12.5% |
3 Bedrooms | 186 | 183 | -1.6% |
4 Bedrooms | 57 | 62 | +8.8% |
5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Hickory Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 63 | -11.3% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Hickory Township in March 2024, down by 11.3% month-over-month. Of the 63 sold homes, 56% were sold under asking, 21% were sold at asking, and 24% were sold over asking.
Days on Market for Hickory Township, NC
How long does it take to sell a home in Hickory Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 31 Days | 0.4% |
Summary: Homes in Hickory Township had an average of 31 days on market in Mar 2024, up by 0.4% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 63 homes were sold in Hickory Township; 76% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.