$4,156 Closing Credit*
$350,000
1,725 SqFt
2 Beds
•2 Full Baths
Listing Office: Carpenter Homes & Land Inc
Is Hickory, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hickory was a Seller's Market.
Key Takeaway
Hickory is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hickory, NC
How much do homes in Hickory, NC cost?
Median Sold Price
$295,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+5.4%)
Key Takeaway
Homes in Hickory have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Hickory was $295,000 in November 2024, up 5.4% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $142.2K | -8.2% |
| 2 Bedrooms | $175K | $180K | +2.9% |
| 3 Bedrooms | $279.9K | $285K | +1.8% |
| 4 Bedrooms | $410K | $487.5K | +18.9% |
| 5+ Bedrooms | $547.5K | $620.7K | +13.4% |
Summary: Hickory housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Cities
| Hickory Township | $275.9K | $294.9K | +6.9% |
| Hickory | $280K | $295K | +5.4% |
| Long View | $190K | $199.9K | +5.2% |
| Clines Township | $292.4K | $290.1K | -0.8% |
Housing Supply in Hickory, NC
How many homes are available in Hickory, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 378 | 384 | +1.6% |
Summary: The Hickory real estate market had 384 homes for sale in November 2024, a 1.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 72 | 75 | +4.2% |
| 3 Bedrooms | 197 | 200 | +1.5% |
| 4 Bedrooms | 74 | 78 | +5.4% |
| 5+ Bedrooms | 31 | 26 | -16.1% |
Summary: The Hickory housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 16.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 54 | -41.9% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hickory, you may be able to get a good deal. 57.4% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Hickory in November 2024, down by 41.9% month-over-month. Of the 54 sold homes, 57% were sold under asking, 20% were sold at asking, and 22% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 37 Days | +27.4% |
Summary: Homes in Hickory had an average of 37 days on market in Nov 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hickory are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 54 homes were sold in Hickory; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.