Is Hickory Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$288,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hickory Township was $288,000 in May 2024, up 15.2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $149.9K | +3.4% |
2 Bedrooms | $175K | $179.9K | +2.8% |
3 Bedrooms | $250K | $285K | +14.0% |
4 Bedrooms | $404K | $460K | +13.9% |
5+ Bedrooms | $500K | $560K | +12.0% |
Summary: Hickory Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 12%.
Housing Supply in Hickory Township, NC
How many homes are available in Hickory Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
360 | 383 | +6.4% |
Summary: The Hickory Township real estate market had 383 homes for sale in May 2024, a 6.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 62 | 70 | +12.9% |
3 Bedrooms | 199 | 200 | 0.5% |
4 Bedrooms | 69 | 82 | +18.8% |
5+ Bedrooms | 28 | 30 | +7.1% |
Summary: The Hickory Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 | 101 | +18.8% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Hickory Township in May 2024, up by 18.8% month-over-month. Of the 101 sold homes, 48% were sold under asking, 22% were sold at asking, and 31% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 45 Days | +36.8% |
Summary: Homes in Hickory Township had an average of 45 days on market in May 2024, up by 36.8% compared to last year.
Breakdown of Home Sale Times
69 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During May 2024, 101 homes were sold in Hickory Township; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.