Hickory 28602

Hickory-Lenoir-Morganton, NC · Catawba County, NC · 2,267 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

54affordability /100

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

Payment burden
27.7%
affordable
Days on market
52
daily
Price cuts
27.5%
of active
Valuation
-39.6%
vs assessor
Look up an address
68
/100
stable
warming · buyer advantage · 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

68/ 100SellerBalancedBuyer
Negotiate Hard
DOM: 76d (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%)50
Days on Market (5%)75

Moderate buyer leverage in 28602. Room to negotiate 5-10% below list. Payment burden: 27.7% of median income. Median days on market: 76. Renting is approximately 28% cheaper than buying (price-to-rent ratio: 15.3). Market appears 46% 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.
WARMINGBUYER ADVANTAGE

Market is warming with rising prices. Buyers have strong negotiating leverage.

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Market snapshoteach number, once

Median price
$256,013
▴ 2.7% YoY
Days on market
52
daily · zip_data
Median rent
$1,394
ZORI
Investor score
73/100
cash-flow lens
Active listings
111
90-day

Valuation3 lenses, different anchors

vs assessor
-39.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$154,700
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%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$171
Price-to-income4.6×

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How 28602 ranks in NC
percentile vs all NC ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

32SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply20.9 mo
Days on Market52d
Inv vs History-2.5%
Listing Density9.5/1k
Market dynamics
Price cut %27.5%
Momentumwarming
LeverageBUYER ADVANTAGE
Months of supply20.9
Sales (90d)0
Investment analysis
Median rent$1,394
Price-to-rent15.3
Est. cap rate4.2%
Buy vs rentneutral

Livability

Walk score4
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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