Compare Hickory, NC mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Hickory.
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August 22, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Hickory. Understand how much you need to earn to afford a home in Hickory, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Hickory fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Hickory is right for you.
The median home value for Hickory, NC (Catawba County) is $229,202
Based on current mortgage rates and a 10% down payment, you need to make $47,815 per year to buy the median priced home in Hickory
With this income, you could qualify for a $206,282 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Hickory is $1,107
The median household income for Hickory, NC (Catawba County) is $60,473
Based on this income, you can afford a home valued at approximately $289,878
The home price you can afford to buy based on household income in Hickory is 126% of the median home value which means housing prices are average. Hickory (Catawba County) ranks 54 out of 100 counties in North Carolina and 2,395 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Hickory, NC is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Hickory (Catawba County) below.
Conforming loan limits for Hickory, NC
FHA loan limits for Hickory, NC