Market Overview
Home Prices in Hickory, NC
The median home value in Hickory, NC is $300,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hickory are priced27% below average. Hickory is part of the Hickory-Lenoir-Morganton, NC metro area.
Over the past five years, Hickory home values have risen by approximately33.1%, reflecting strong long-term appreciation in this market.
Price History
Hickory Home Price Trend
City Comparison
Hickory vs. National Median
At $300,549, homes in Hickory cost 27% 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
$60,110
on $300,549
Monthly P&I
$1,567/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,990/mo
incl. taxes & insurance
Income Needed
$79,600
gross annual (30% rule)
10% Down Option
$30,055
+ PMI applies
Loan Amount (20% dn)
$240,439
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, NC?
The median home value in Hickory is $300,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Hickory?
Over the past year, home values in Hickory have increased by 1.9%. Over five years, prices have risen approximately 33.1%.
How much do I need to earn to buy a home in Hickory?
To comfortably afford the median home price of $300,549 with a 20% down payment ($60,110) at today's rates (6.8%), you'd need a gross annual income of approximately $79,600. 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 $300,549, homes in Hickory are 27% below the national average.
What metro area is Hickory part of?
Hickory is part of the Hickory-Lenoir-Morganton, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.