$4,026 Closing Credit*
$339,000
1,477 SqFt
3 Beds
•2 Full Baths
Audrey Pennell, Listing Office: Allen Tate Mooresville
Is Hickory Township, 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 Township has remained a Seller's Market.
Key Takeaway
Hickory Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hickory Township, NC
How much do homes in Hickory Township, NC cost?
Median Sold Price
$291,250
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,321(+5.9%)
Key Takeaway
Homes in Hickory Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Hickory Township was $291,250 in October 2024, up 5.9% 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 | $178.9K | 0% |
| 3 Bedrooms | $273.5K | $284K | +3.8% |
| 4 Bedrooms | $410K | $455.1K | +11.0% |
| 5+ Bedrooms | $527.5K | $579.9K | +9.9% |
Summary: Hickory Township 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 did not change, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 9.9%.
Housing Supply in Hickory Township, NC
How many homes are available in Hickory Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 383 | 417 | +8.9% |
Summary: The Hickory Township real estate market had 417 homes for sale in October 2024, a 8.9% 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 | 70 | 75 | +7.1% |
| 3 Bedrooms | 208 | 221 | +6.3% |
| 4 Bedrooms | 66 | 82 | +24.2% |
| 5+ Bedrooms | 33 | 34 | +3.0% |
Summary: The Hickory Township 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 7.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 83 | +20.3% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hickory Township, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in Hickory Township in October 2024, up by 20.3% month-over-month. Of the 83 sold homes, 61% were sold under asking, 16% were sold at asking, and 23% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +75.4% |
Summary: Homes in Hickory Township had an average of 39 days on market in Oct 2024, up by 75.4% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hickory Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 83 homes were sold in Hickory Township; 66% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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