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·Hickory Metro
NC

Hickory Metro

Hickory Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026

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Listings Flow Ladder — Hickory

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 46 listings/mo
balanced 4–6 mo4.4 mo
Faucet — new listings
208/mo
382% of normal (54) · gushing
Basin — active listings
707
326% of normal (217) · balanced
Months of supply
4.4 mo
derived — not published at this grain
Drain — closed sales
162/mo
303% of normal (53)
Net — faucet minus drain
+46/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 4%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 0%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 26/mofall in the monthly rate (14%)— peak 188/mo (2025-08-31) to 162/mo now
  • 0transactions that did not happen— summed monthly shortfall vs the same-month normal, over 0 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 6 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Burke County, NC

Tracked ZIPs
10
Avg Score
55
Avg Median
$295,886
Market
Buyer's
Avg Composite
55/100
Avg Median Price
$295,886
Avg Rent
$1,121/mo
Avg Burden
30.7%of income

Buyer Leverage — Should I Buy in Hickory?

63
Avg Buyer Score
19 ZIPs analyzed
Strong Buyer
1
Moderate
10
Balanced
7
Seller Favored
1
Strong Seller
0
Best for Buyers
28611Collettsville100
28682Terrell76
28645Lenoir74
28690Valdese72
Most Competitive
28658Newton37
28613Conover41
28636Hiddenite43
28630Granite Falls50
28610Claremont54

MODERATE — Hickory has mixed conditions, pockets of opportunity

28655
Morganton, burke county
56
Median Price
$256,270
YoY
+1.1%
Payment Burden
31.6%
Buy vs Rent
Buy
Days on Market
56
Supply
5.4 mo
Rent
$1,444
Val. Gap
+37.7%
28612
, burke county
80
Median Price
$236,219
YoY
+2.2%
Payment Burden
27.8%
Buy vs Rent
Rent
Days on Market
60
Supply
7.4 mo
Rent
$774
Val. Gap
+7.3%
28690
Valdese, burke county
65
Median Price
$245,884
YoY
+0.2%
Payment Burden
23.9%
Buy vs Rent
Rent
Days on Market
60
Supply
4.8 mo
Rent
$638
Val. Gap
+861.7%
28601
Hickory, catawba county
60
Median Price
$303,770
YoY
+1.6%
Payment Burden
29.5%
Buy vs Rent
Neutral
Days on Market
54
Supply
4.8 mo
Rent
$1,475
Val. Gap
-22%
28602
Hickory, catawba county
57
Median Price
$250,116
YoY
+1.1%
Payment Burden
29.4%
Buy vs Rent
Buy
Days on Market
72
Supply
3.4 mo
Rent
$1,572
Val. Gap
-38.1%
28657
Newland, avery county
46
Median Price
$292,035
YoY
+0.5%
Payment Burden
34.2%
Buy vs Rent
Rent
Days on Market
83
Supply
8.9 mo
Rent
$718
Val. Gap
-75.9%
28761
Nebo, mcdowell county
39
Median Price
$366,920
YoY
-0.4%
Payment Burden
35.5%
Buy vs Rent
Rent
Days on Market
96
Supply
6.1 mo
Rent
$578
Val. Gap
-59.7%
28637
, Burke
56
Median Price
$294,000
YoY
0.0%
Payment Burden
33.3%
Buy vs Rent
Rent
Days on Market
60
Supply
6 mo
Rent
$723
Val. Gap
—
28645
Lenoir, caldwell county
54
Median Price
$215,085
YoY
+0.2%
Payment Burden
28.1%
Buy vs Rent
Buy
Days on Market
56
Supply
5.3 mo
Rent
$1,364
Val. Gap
+78.9%
28673
Sherrills Ford, catawba county
37
Median Price
$498,560
YoY
-0.7%
Payment Burden
33.2%
Buy vs Rent
Rent
Days on Market
125
Supply
6 mo
Rent
$1,927
Val. Gap
-65.9%

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Hickory Metro (9)