What does a Sold Score of 49 mean in Hickory-Lenoir-Morganton?

A Sold Score of **49/100** in Hickory-Lenoir-Morganton (May 2026) puts the market in the **"Fair Chance of Selling"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.55, inventory up +15.0% YoY, 50 median days on market, 43.3% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (May 2026): Sold Score: 49/100 (Fair Chance of Selling) · Pending ratio: 0.55 · Inventory YoY: +15.0% · Median days on market: 50 · Sellers cutting price: 43.3% · Median listing price: $359,950 (-3.3% YoY)