Is Hickory, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hickory is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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, PA

How much do homes in Hickory, PA cost?

Median Sold Price

$305,500

$88/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$105,500(+52.8%)

Key Takeaway

Homes in Hickory have sold for 52.8% more than they did a month ago.

Summary: The median home sold price in Hickory was $305,500 in October 2024, up 52.8% from last month, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $200K-
N/A
3 -$305.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Hickory housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hickory, PA

How many homes are available in Hickory, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
57+40.0%

Summary: The Hickory real estate market had 7 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 46
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Hickory housing inventory by bedroom type for October 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hickory in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hickory, PA

How long does it take to sell a home in Hickory, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
11 Days64 Days+486.4%

Summary: Homes in Hickory had an average of 64 days on market in Oct 2024, up by 486.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Hickory; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 14 Days Ago

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