Hickory, NC - Local Housing Data - Summary

Change location:

Region

State

City

Hickory, Lenoir, Morganton, NC

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Hickory, NC Local News

  • Hickory, NC - April 2014 - New Home Closings Numbers Fall

    New home sales fell year-over-year in Hickory, NC in April. Average prices of new and existing homes dropped 18.4%. Average prices of new homes moved up, rising 75.1%. Foreclosures as a percentage of existing home closings dropped, falling 9.2% percentage points.

  • Hickory, NC - March 2014 - Figures for New Home Closings Remain Level

    New home sales remained level from a year ago in Hickory, NC in March. Real Estate Owned (REO) closings as a percentage of existing home closings rose, climbing 4.8% percentage points. Average prices of new and existing homes dropped 15.0%. Foreclosures as a percentage of existing home closings...

  • Hickory, NC - February 2014 - New Home Closings Figures Signal Market Rise Slowing

    New home sales climbed in February. Average prices of new homes moved up, rising 66.2%. The percentage of new home closings belonging to single family homes rose, climbing 33.3% percentage points. The percentage of new home closings belonging to attached homes dropped, falling 33.3% percentage...

Latest Numbers Indicate New Home Closings and Prices Decrease in Hickory

Posted on: Aug 08, 2014 11:25:59 AM

New home closings in the Hickory, NC market declined year-over-year in May, and the decline was by a larger percentage than the April 2014. New home closings moved from 3 a year earlier to 1 after the figure moved from 3 in April 2013 to 2 in April 2014.

1 of the 367 total closings were new home closings, a shift on a percentage basis from 3 out of 406 a year earlier. Following a year-over-year decline in April, closings of new and existing homes also dropped year-over-year in May.

Pricing and Mortgage Trends

The average new home price was $153,000, down from $184,333 a year earlier. This was on the heels of a 47.5% surge in April year-over-year.

Average mortgage size on new homes went from $147,075 a year earlier to $155,867. Average mortgage size on new homes went from $190,153 in April 2013 to $273,904 in April 2014.

Other Market Trends

There was no change in the composition of the new home market with regard to the types of properties sold in May 2014.

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.