Mortgage payment estimates, closing cost breakdowns, and homebuying data for Hickory, North Carolina.
Pre-filled with Hickory median home price and North Carolina tax/insurance rates. Adjust for your property.
Estimated closing costs based on North Carolina rates and fees applied to Hickory prices.
The median home price in Hickory is $245,000, 28% below the North Carolina state median of $340,000. With a population of 43,490, Hickory is a smaller market where home prices tend to be more accessible than in many parts of North Carolina.
Property taxes in North Carolina average 0.78% annually. This moderate property tax rate means a $245,000 home in Hickory would carry roughly $159/month in property taxes. Homeowners insurance in North Carolina runs approximately $2,300 per year. This is within the normal range nationally.
Average rent in Hickory is $1,080/month. The price-to-rent ratio in Hickory is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Hickory offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with North Carolina's NC Home Advantage Mortgage program.