Hickory, NC home prices
Typical home $266,722 · +1.7% in a year · income needed $72,800
The Hickory, NC metro area ranks 404 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.7% in a year and +29.5% over five years. With 20% down at 7.11%, the typical home costs about $1,698 a month including 0.58% property tax (Catawba County rate).
Mortgage on the typical Hickory home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,344 | $213,377 | $1,435 | $0 | $263 | $1,698 | $72,800 |
| 10% down | $26,672 | $240,050 | $1,615 | $100 | $263 | $1,978 | $84,800 |
| 5% down | $13,336 | $253,386 | $1,705 | $106 | $263 | $2,073 | $88,800 |
| 3.5% down (FHA) | $9,335 | $261,891 | $1,762 | $118 | $263 | $2,143 | $91,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.58% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Hickory area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Catawba County, NC | $291,519 | +1.1% | 0.58% |
| Burke County, NC | $253,278 | +1.2% | 0.68% |
| Caldwell County, NC | $233,547 | +0.8% | 0.6% |
| Alexander County, NC | $268,040 | +6.7% | 0.6% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Hickory?
The typical home in the Hickory, NC metro area is worth $266,722 (Zillow, September 2026).
What salary do you need to buy a house in Hickory?
About $72,800 a year for the typical home with 20% down at 7.11%.