Market Overview
Home Prices in Hickory, MS
The median home value in Hickory, MS is $171,264 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and down 9.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hickory are priced58% below average. Hickory is part of the Laurel, MS metro area.
Over the past five years, Hickory home values have fallen by approximately6.1%, reflecting softening conditions in this market.
Price History
Hickory Home Price Trend
City Comparison
Hickory vs. National Median
At $171,264, homes in Hickory cost 58% below the national median of $410,000. This makes Hickory a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hickory?
20% Down Payment
$34,253
on $171,264
Monthly P&I
$893/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,134/mo
incl. taxes & insurance
Income Needed
$45,360
gross annual (30% rule)
10% Down Option
$17,126
+ PMI applies
Loan Amount (20% dn)
$137,011
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hickory, MS?
The median home value in Hickory is $171,264 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Hickory?
Over the past year, home values in Hickory have decreased by 1.6%. Over five years, prices have fallen approximately 6.1%.
How much do I need to earn to buy a home in Hickory?
To comfortably afford the median home price of $171,264 with a 20% down payment ($34,253) at today's rates (6.8%), you'd need a gross annual income of approximately $45,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Hickory compare to the national average home price?
The national median home value is approximately $410,000. At $171,264, homes in Hickory are 58% below the national average.
What metro area is Hickory part of?
Hickory is part of the Laurel, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.