Hickory Real Estate Market Update – July 21, 2025

Hickory Real Estate Market Shows Strength as Summer Moves On

As we move deeper into summer, the Hickory real estate market is showing continued signs of strength and stability. Whether you're considering buying, selling, or simply staying informed, this month’s data reveals important trends that could help you make the right move.

Inflation Eases, But Rates Hold Steady

June brought encouraging economic news: the Core Consumer Price Index (CPI), which excludes food and energy, rose just 2.9% year-over-year. Even more promising, the annualized rate since January came in at 2.1%—well within the Federal Reserve’s target range. Meanwhile, the Producer Price Index (PPI) was flat for the month, suggesting continued relief from wholesale price pressures.

Despite this progress on inflation, mortgage rates have remained relatively steady. As of mid-July, 30-year fixed rates are averaging 6.75%, slightly higher than the previous week but still below this time last year. Global bond activity and speculation surrounding future Federal Reserve actions are keeping rates from falling further for now.

Hickory Market Snapshot – June 2025

Locally, the Hickory real estate market continues to trend upward. There are approximately 538 active listings—up from about 465 in June 2024, according to Zillow. Closed sales have also surged, with 77 homes sold in June, marking a 40% year-over-year increase (Redfin).

The median sales price for a home in Hickory was $355,000, showing a modest 0.9% rise over the previous year (Realtor.com). Homes are spending slightly longer on the market, with the median days on market increasing to 61 days—up 10 days from last year. Zillow’s Home Value Index reflects this overall stability, climbing 1.6% year-over-year to $291,000.

Although inventory has increased compared to earlier in 2025, it remains historically low. Buyers now have more choices, while sellers who price strategically continue to see strong interest and competitive offers.

Spotlight on Lake Hickory Neighborhoods

Lake Hickory continues to be one of the region’s most desirable areas. In June, the median sales price in the Lake Hickory area was $425,000. With only 176 active listings, inventory remains tight, especially for waterfront homes. Properties are selling quickly—averaging just 26 days on the market—making this a fast-paced and competitive submarket where preparation and timing are essential.

What to Watch

As the Federal Reserve enters its “quiet period” ahead of the July 30 meeting, there will be no public commentary on monetary policy. This can lead to short-term market volatility as investors respond to global economic indicators. Long-term bond yields, which heavily influence mortgage rates, will be an important factor to monitor in the coming weeks.

Locally, we'll be watching listing activity and buyer behavior heading into late summer. Many buyers look to finalize purchases before the fall school year begins, making this an important season for sellers to position their homes effectively.

Ready to Make a Move?

If you’re planning to buy or sell—or just want to explore your options—this is a great time to start the conversation.
Click here to schedule a time to connect, or feel free to call or text me directly.

Let’s make your next move a smart one!

Janet Austin
www.janetaustinhomes.com
True North Realty