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Sarah Mitchell

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Compass Real Estate · Hickory, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hickory, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Hickory, NC Housing Market

Leaning buyer's+0.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Hickory, NC is worth $294,938, held roughly flat 0.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $355,000, +14.9% year over year (through May 2026). With 4.6 months of supply and homes going under contract in about 61 days, Hickory is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $294,938 home is about $1,575/mo in principal and interest.

Key numbers for Hickory, NC

Typical home value

$294,938

+0.3% in 12 months

Zillow, August 2026

Typical asking rent

$1,531/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$355,000

+14.9% year over year

Redfin, through May 2026

Days on market

61

Slow-moving

Redfin, through May 2026

Active listings

251

4.6 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$63,361

Home costs 4.7x income

U.S. Census ACS, 2023

Sale-to-list ratio

97.4%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Hickory a buyer's or seller's market?

Leaning buyer's4.6 months of supply61 days on market97.4% of asking

Hickory, NC is a leaning buyer's, based on 4.6 months of supply and homes selling in about 61 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Hickory housing market data show?

Every row below is Redfin's final published month for Hickory, NC. Redfin, through May 2026

Housing market statistics for Hickory, NC, Redfin through May 2026
MetricValue
Median sale price$355,000
Median list price$309,000
Year-over-year price change+14.9%
Median price per sq ft$180/sq ft
Median days on market61 days
Active inventory251 listings
Months of supply4.6 months
Sale-to-list price ratio97.4%
Homes sold (that month)55
New listings (that month)81
Listings with a price cut37.0%
Market conditionLeaning buyer's

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Hickory is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Hickory is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Hickory home prices moved?

Over the last three years the median sale price in Hickory, NC rose 30.0%, from $273,000 to $355,000. The live Zillow value series has held roughly flat 0.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 37.0% of Hickory listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.6 months while the sale-to-list ratio slips below its current 97.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Hickory?

Priced off the typical home value of $294,938 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Hickory, NC
Down paymentCash at closeLoan amountMonthly P&I
20%$58,988$235,950$1,575/mo
5%$14,747$280,191$1,870/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,575, that implies roughly $67,480 a year before you add taxes and insurance. The median household in Hickory earns $63,361, about $4,119 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.7x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Hickory in the next 12 months?

Tell us your timeline. We send the Hickory market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Hickory?

Typical asking rent in Hickory, NC is $1,531/mo, against a typical home value of $294,938. That is a price-to-rent ratio of 16.1x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,575 a month — $43 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Hickory?

Active listings in Hickory, NC went from 238 in May 2025 to 251 in May 2026, a +5.5% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Hickory, NC
MonthActive listingsNew listings
June 2025234101
July 202522195
August 202524596
September 202527192
October 202527784
November 202527959
December 202524554
January 202625364
February 202623667
March 202623776
April 2026250105
May 202625181

Redfin, through May 2026

How does Hickory compare to North Carolina and the U.S.?

Hickory homes sell for $355,000 — 11% below the North Carolina median of $397,600. Against the national median of $410,700, Hickory runs 14% lower. Year-over-year, Hickory moved +14.9% against North Carolina's +2.1% — a bigger swing than the state as a whole.

Hickory, NC compared with North Carolina and the United States
MarketMedian sale priceYoYDays on market
Hickory, NC$355,000+14.9%61 days
North Carolina statewide$397,600+2.1%52 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Hickory

What buyers should watch

  • Months of supply, currently 4.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 37.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $295 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $294,938 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Hickory listing goes under contract in 61 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 97.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Hickory added 81 new listings against 55 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +0.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Hickory varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Hickory

There are currently 251 homes listed for sale in Hickory, North Carolina. The median listing price is $309K. Featured listings range from $85,000 to $449,900.

land for sale at 10th Avenue Dr SW Hickory 28602 - $85,000
New Listing
9
$85,000

10th Avenue Dr SW

Hickory, NC 28602

Land6.38 acres

Carolina Platinum Realty LLC

View photos & details
3 bedroom house for sale at 1050 3rd Street Dr NE Hickory 28601 - $140,000
$140,000

1050 3rd Street Dr NE

Hickory, NC 28601

3 bd2 ba1,056 sqft$133/ft²
House11,761 sqft lot

The Joan Killian Everett Company, LLC

View photos & details
3 bedroom house for sale at 5670 Quailwood Dr Hickory 28601 - $179,000
New Listing
35
$179,000

5670 Quailwood Dr

Hickory, NC 28601

3 bd2 ba1,248 sqft$143/ft²
House21,780 sqft lot

The Joan Killian Everett Company, LLC

View photos & details
3 bedroom house for sale at 4515 Rudisill St Hickory 28602 - $209,900
New Listing
29
$209,900

4515 Rudisill St

Hickory, NC 28602

3 bd1 ba916 sqft$229/ft²
House20,473 sqft lot

The Pinnacle Property Group NC

View photos & details
2 bedroom house for sale at 1946 11th Ave NE Hickory 28601 - $215,000
New Listing
13
$215,000

1946 11th Ave NE

Hickory, NC 28601

2 bd1 ba912 sqft$236/ft²
House3,920 sqft lot

Nestlewood Realty, LLC

View photos & details
3 bedroom house for sale at 1298 18th St NE Hickory 28601 - $229,900
New Build
14
$229,900

1298 18th St NE

Hickory, NC 28601

3 bd1 ba1,008 sqft$228/ft²
House17,293 sqft lot

Weichert, Realtors - Team Metro

View photos & details
3 bedroom house for sale at 1951 19th Avenue Dr NE Unit 27 Hickory 28601 - $299,900
New Listing
37
$299,900

1951 19th Avenue Dr NE Unit 27

Hickory, NC 28601

3 bd2 ba1,558 sqft$192/ft²
House17,860 sqft lot

The Joan Killian Everett Company, LLC

View photos & details
4 bedroom house for sale at 255 19th Ave SE Hickory 28602 - $300,000
New Listing
21
$300,000

255 19th Ave SE

Hickory, NC 28602

4 bd3 ba1,586 sqft$189/ft²
House4,356 sqft lot

Yancey Realty, LLC

View photos & details
land for sale at 3431 6th Street Dr NW Hickory 28601 - $325,000
New Listing
18
$325,000

3431 6th Street Dr NW

Hickory, NC 28601

Land1.65 acres

Lake Homes Realty LLC

View photos & details
3 bedroom house for sale at 6591 George Hildebran School Rd Hickory 28602 - $365,000
New Listing
35
$365,000

6591 George Hildebran School Rd

Hickory, NC 28602

3 bd2 ba1,560 sqft$234/ft²
House2.96 acres

Redbird Real Estate Group

View photos & details
2 bedroom condo for sale at 2200 6th St NW Unit 3A Hickory 28601 - $399,900
New Listing
39
$399,900

2200 6th St NW Unit 3A

Hickory, NC 28601

2 bd2 ba1,393 sqft$287/ft²
Condo

Beacon Ridge Realty

View photos & details
4 bedroom house for sale at 570 29th Avenue Dr NW Hickory 28601 - $449,900
New Listing
31
$449,900

570 29th Avenue Dr NW

Hickory, NC 28601

4 bd3 ba2,274 sqft$198/ft²
House24,829 sqft lot

EXP Realty LLC Mooresville

View photos & details

Looking to buy in Hickory?

Get connected with a local real estate expert — free, no obligation.

Active listings

251

Homes on market

Median list price

$309K

Avg. days on market

61

Days until sale

New this week

81

Newly listed

Price drops:37.0%of listings
Sale-to-list:97.4%

How much do homes cost in Hickory by property type?

How the Hickory, NC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Hickory, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$377,500$181/sq ft3661 days
Condo / co-op$205,000$202/sq ft585 days
Townhouse$265,000$170/sq ft1141 days

Who lives in Hickory?

American Community Survey estimates for Hickory. U.S. Census ACS, 2023

Population

43,747

Households

17,309

Median income

$63,361/yr

Median age

37.7 years

Owner-occupied

55.9%

Median home value

$248,300

Median gross rent

$975/mo

Mean commute

20.1 min

55.9% of occupied homes in Hickory are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $248,300 against Zillow's $294,938 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $975/mo, below Zillow's $1,531/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Hickory?

17 schools tracked · 8,719 students

The largest public schools serving Hickory, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Saint Stephens High

Grades 9-12 · 1,298 students

Public

Hickory High

Grades 9-12 · 1,034 students

Public

Mountain View Elementary

Grades K-6 · 713 students

Public

Harry M Arndt Middle

Grades 7-8 · 628 students

Public

Snow Creek Elementary

Grades PK-6 · 569 students

Public

Clyde Campbell Elementary

Grades PK-6 · 501 students

Public

Viewmont Elementary

Grades PK-5 · 489 students

Public

Northview Middle

Grades 6-8 · 458 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Hickory, NC?

Ordered by distance from Hickory, not by size. Compare Hickory side by side with any of them.

Which ZIP codes are in Hickory?

These are the ZIP codes we see on active Hickory listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Hickory housing market FAQ

Is Hickory a buyer's or seller's market?

Hickory, NC is currently a leaning buyer's. That read comes from 4.6 months of supply, homes going under contract in about 61 days, and sellers getting 97.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Hickory?

The typical home in Hickory, NC is worth $294,938 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $355,000, about $180 per square foot.

Is Hickory cheaper than the rest of North Carolina?

Hickory's median sale price of $355,000 is 11% lower than the North Carolina statewide median of $397,600, and 14% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Hickory?

Homes in Hickory, NC spent a median of 61 days on market before going under contract, versus 52 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Hickory?

At the current 30-year fixed rate of 7.03%, 20% down on a $294,938 home is about $1,575 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $67,480 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $63,361.

Are home prices rising in Hickory?

The typical home value in Hickory, NC held roughly flat 0.3% over the last 12 months, from $293,965 to $294,938 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Hickory?

Hickory ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Hickory?

That depends on your timeline, not on a headline. What the data says today: Hickory, NC is a leaning buyer's with 4.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 16.1x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.