Living in Hickory, NC
Hickory, NC, is a picturesque city that combines rich history with modern amenities. Known for its beautiful outdoor spaces and vibrant community events, it offers a small-town charm while being easily accessible to larger urban areas. The city is also renowned for its furniture industry and antique shops, making it a unique and family-friendly place to call home.
Current Market Conditions in Hickory, NC
The real estate market in Hickory, NC, has shown promising growth, with a steady increase in demand for housing. As more people discover the charm of Hickory, especially those relocating from larger cities, the market has gained traction with both buyers and investors. The average home prices are competitive, making it an attractive option for first-time homebuyers.
Recent trends indicate a rise in home values and a decrease in average days on the market, reflecting the city's growing popularity. Investors are also recognizing Hickory's potential, prompting new developments and renovations throughout the region, which further boosts the desirability of the area.
Home Value Estimator For Hickory, NC
There are currently 33,426 real estate properties
in Hickory, NC,
with a median automated valuation model (AVM) price
of $255,798.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hickory, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hickory, NC,
is $335,718.00, with the most expensive house
in Hickory, NC, topping out
at $45,771,128.00 and the cheapest home
in Hickory, NC,
clocking in at $10,022.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hickory, NC!
Rent Prices
In Hickory, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hickory, NC, is on
a rollercoaster ride. The
average rent price in Hickory, NC,
is $1,183.00. Indeed, when looking to rent in
Hickory, NC, you can expect to pay as little
as $460.00 or as much
as $2,840.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Hickory, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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