$4,026 Closing Credit*
$339,000
1,477 SqFt
3 Beds
•2 Full Baths
Audrey Pennell, Listing Office: Allen Tate Mooresville
Is Hickory, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hickory has remained a Seller's Market.
Key Takeaway
Hickory is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hickory, NC
How much do homes in Hickory, NC cost?
Median Sold Price
$292,140
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,062(+4.7%)
Key Takeaway
Homes in Hickory have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Hickory was $292,140 in October 2024, up 4.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $142.2K | -8.2% |
| 2 Bedrooms | $179K | $177K | -1.1% |
| 3 Bedrooms | $275.8K | $284K | +3.0% |
| 4 Bedrooms | $410K | $462.5K | +12.8% |
| 5+ Bedrooms | $530K | $594.9K | +12.3% |
Summary: Hickory housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Hickory Township | $274.9K | $291.2K | +5.9% |
| Hickory | $279K | $292.1K | +4.7% |
| Long View | $190K | $199K | +4.7% |
| Clines Township | $285.6K | $299K | +4.7% |
Housing Supply in Hickory, NC
How many homes are available in Hickory, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 365 | 387 | +6.0% |
Summary: The Hickory real estate market had 387 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 68 | 73 | +7.4% |
| 3 Bedrooms | 196 | 202 | +3.1% |
| 4 Bedrooms | 63 | 73 | +15.9% |
| 5+ Bedrooms | 32 | 34 | +6.3% |
Summary: The Hickory housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 79 | +16.2% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hickory, you may be able to get a good deal. 60.8% of homes here sold below asking price last month.
Summary: A total of 79 homes were sold or pending in Hickory in October 2024, up by 16.2% month-over-month. Of the 79 sold homes, 61% were sold under asking, 16% were sold at asking, and 23% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 40 Days | +79.4% |
Summary: Homes in Hickory had an average of 40 days on market in Oct 2024, up by 79.4% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
13 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 October 2024, 79 homes were sold in Hickory; 66% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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