Hickory 28601

Hickory-Lenoir-Morganton, NC · Catawba County, NC · 2,397 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

54affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
27.7%
affordable
Days on market
64
daily
Price cuts
22.3%
of active
Valuation
-23.5%
vs assessor
Look up an address
73
/100
stable
warming · balanced · prices rising year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

62/ 100SellerBalancedBuyer
Negotiate Hard
DOM: 77d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)100
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)75

Moderate buyer leverage in 28601. Room to negotiate 5-10% below list. Payment burden: 27.7% of median income. Median days on market: 77. Renting is approximately 53% cheaper than buying (price-to-rent ratio: 18.3). Market appears 58% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$309,489
▴ 2.0% YoY
Days on market
64
daily · zip_data
Median rent
$1,412
ZORI
Investor score
61/100
cash-flow lens
Active listings
247
90-day

Valuation3 lenses, different anchors

vs assessor
-23.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$236,900
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+37.0%
County-wide market — the widest, slowest signal.
Burke+37.0%
Mecklenburg+79.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$177
Price-to-income4.6×

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How 28601 ranks in NC
percentile vs all NC ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

26SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply15.9 mo
Days on Market64d
Inv vs History-0.6%
Listing Density11.5/1k
Market dynamics
Price cut %22.3%
Momentumwarming
LeverageBALANCED
Months of supply15.9
Sales (90d)0
Investment analysis
Median rent$1,412
Price-to-rent18.3
Est. cap rate3.6%
Buy vs rentneutral

Livability

Walk score3
Transit score1
Bike score

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Catawba County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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