Market Intelligence Report — NC-860

Hickory-Lenoir-Morganton, NC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NC-09
As of the latest 2026 data
Cooling

Median Listing

$350K
-1.4% YoY

Pending Ratio

0.40
-6.7% YoY

Active Inventory

1,440
+18.6% YoY

Median DOM

63 Days
+0.0% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Hickory-Lenoir-Morganton market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Hickory-Lenoir-Morganton, NC.

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The Hickory-Lenoir-Morganton market is exhibiting cooling conditions, driven by a pending ratio of 0.40 and a notable 18.6% year-over-year increase in active listings. While the median listing price remained stable month-over-month, it has seen a slight decline over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.0%-0.6 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

376,890+0.9% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Hickory-Lenoir-Morganton market right now.

Inventory growth is a prominent feature, with active listings rising 18.6% year-over-year to 1,440 units, outpacing the 6.9% increase in new listings. Demand indicators suggest a deceleration, as the pending ratio currently stands at 0.40, reflecting a 6.7% decrease over the past year. This dynamic is occurring against a backdrop of stable median days on market at 63 days, indicating consistency in the time properties spend on the market. Median listing prices have compressed 1.4% year-over-year, despite no month-over-month change.

Historical Analysis

Market Trends

Median Price

$350K+0.0% MoM

Active Inventory

1,440+18.6% YoY

Days on Market

63+0.0% YoY

Sold Score™

45-6.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

45
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The rising inventory levels and the moderating pending ratio suggest a market where negotiating leverage is shifting. The increased availability of active listings implies that buyers have a broader selection and potentially more time for consideration, placing pressure on sellers regarding price discipline. The pace of transactions, as indicated by the pending ratio, is less robust, which can extend marketing periods for properties.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,440 active listings represent the current floor, with new supply arriving at roughly 466 per month.

Pricing Pressure
26.7%

of active listings carry a price reduction, +2.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.3% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Hickory-Lenoir-Morganton, NC? Inventory is up 19% from last year.

Hickory-Lenoir-Morganton, NC is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
40%
Median Days on Market
63 days
Inventory YoY
+19%

Hickory-Lenoir-Morganton, NC is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Hickory-Lenoir-Morganton, NC
CBSA Code
25860
State
NC

ZIPs in Hickory-Lenoir-Morganton, NC

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