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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hickory Mountain Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Hickory Mountain Township was a Seller's Market.

Key Takeaway

Hickory Mountain Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hickory Mountain Township, NC

How much do homes in Hickory Mountain Township, NC cost?

Median Sold Price

$391,250

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$63,750(-14.0%)

Key Takeaway

Homes in Hickory Mountain Township have sold for 14% less than they did a year ago.

Summary: The median home sold price in Hickory Mountain Township was $391,250 in April 2024, down 14% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $350K$140K
-60.0%
2 $415K-
N/A
3 $467.5K$361K
-22.8%
4 $653.8K$425K
-35.0%
5+ --
N/A

Summary: Hickory Mountain Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60%, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.8%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hadley Township
+7.7%
Center Township
+4.6%
Hickory Mountain Township
-14.0%

Housing Supply in Hickory Mountain Township, NC

How many homes are available in Hickory Mountain Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1113+18.2%

Summary: The Hickory Mountain Township real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 34
+33.3%
5+ 11
0.0%

Summary: The Hickory Mountain Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hickory Mountain Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hickory Mountain Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hickory Mountain Township, NC

How long does it take to sell a home in Hickory Mountain Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
108 Days13 Days-88.0%

Summary: Homes in Hickory Mountain Township had an average of 13 days on market in Apr 2024, down by 88% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Hickory Mountain Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 16 Days Ago

Newest Listings in Hickory Mountain Township, NC

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