Hickory housing market
Typical home value
$267K
▲ 1.7% 1 yr
Typical rent
$1,595/mo
▲ 2.8% 1 yr
12-month forecast
+2.3%
#229 of 546 metros
Gross rent yield
7.2%
#106 of 546 · U.S. 6.3%
Days to pending
59 days
▼ −11 days 1 yr
Listings with a price cut
28%
▲ +0.9 pts 1 yr
Key takeaways
- 1The typical home is worth $266,722, up 1.7% in a year and up 29% over five years.
- 2Zillow forecasts home values rising 2.3% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,595/mo (+2.8% YoY), a 7.2% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,466/mo in principal and interest, $129 less than renting.
- 5Homes go under contract in 59 days (−11 days vs last year); 28% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 29/100, #453 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Hickory compares
| Measure | Hickory | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +1.7% | +1.2% | #313 |
| Home value, 5-yr change | +29.5% | +19.7% | |
| 12-month forecast | +2.3% | +1.1% | #229 |
| Rent, 1-yr change | +2.8% | +2.7% | #332 |
| Gross rent yield | 7.2% | 6.3% | #106 |
| Price-to-rent ratio | 13.9 | 15.8 | |
| Mortgage P&I on typical home | $1,466 | $2,012 | |
| Income needed to buy | $71,012 | $100,902 | |
| Days to pending | 59 | 56 |
Cities in the Hickory metro
1 cities with home value and rent data.
| Hickory | $293K | ▲ 1.3% | $1,522 | ▲ 3.2% | 6.2% |
Run the numbers
Rental property calculator
Cash flow on a typical Hickory rental ($267K, $1,595/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Hickory home.
Rent vs buy
Is it cheaper to rent or buy in Hickory?
Renting out a property in North Carolina? See deposit limits, late fee rules and notice periods.
Other North Carolina metros
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Winston, NC
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Durham, NC
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Fayetteville, NC
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Asheville, NC
$416K home$1,702 rent4.9% yield
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Wilmington, NC
$443K home$1,744 rent4.7% yield
▲ 0.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.