Hickory-Lenoir-Morganton Metro Area, NC Housing

The housing market in the Hickory-Lenoir-Morganton, NC Metro Area is currently thriving due to strong appreciation. The median house value in the region is $228,300, significantly lower than the US House Median Value of $338,100. Furthermore, house values in this area have appreciated by 16.87%, much higher than the US 1 year House Appreciation rate of 8.27%. This is a great opportunity for potential homeowners to take advantage of the booming housing market and get a great deal on their new home.

The median home cost in Hickory-Lenoir-Morganton Metro Area is $228,300. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Hickory-Lenoir-Morganton Metro Area is up 24.0%.

Average Age of Homes

- The median age of Hickory-Lenoir-Morganton Metro Area real estate is 36 years old

The Rental Market in Hickory-Lenoir-Morganton Metro Area

- Renters make up 24.2% of the Hickory-Lenoir-Morganton Metro Area population
- 1.3% of houses and apartments in Hickory-Lenoir-Morganton Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hickory-Lenoir-Morganton, North Carolina	United States
	162,969.0	139,647,020.0
	39	42
	$228,300	$338,100
	24.0%	16.6%
	75.5%	57.0%
	92.8%	101.1%
	$7.27	$10.98
	$1,065	$2,690
	64.5%	57.4%
	12.2%	11.2%
	23.3%	31.4%
Vacant Housing
	1.3%	1.9%
	0.1%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	2.5%	3.6%
	7.2%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	2.7%	2.4%
	4.6%	2.8%
	7.4%	3.9%
	10.1%	4.5%
	21.6%	11.3%
	16.9%	13.0%
	17.5%	20.1%
	6.7%	13.6%
	3.1%	8.3%
	2.7%	9.7%
	1.6%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.8%	13.6%
	13.8%	13.6%
	18.9%	13.6%
	16.0%	13.2%
	16.6%	14.8%
	18.9%	13.6%
	8.7%	10.0%
	5.1%	4.7%
	5.8%	12.2%

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