Markets/North Carolina/Hickory-Lenoir-Morganton

Hickory-Lenoir-Morganton, NC Real Estate Market 2026

Investor-grade market analytics for Hickory-Lenoir-Morganton, North Carolina. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$258,539

+0.7% year-over-year

Est. Rental Yield

6.6%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Hickory-Lenoir-Morganton Market Summary

Hickory-Lenoir-Morganton, NC is in a stabilization phase with 0.7% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 4.29x, below the national average of 4.8x. Modest net positive migration (+645 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 6.6% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score82/100
Price-to-Income Ratio4.3x (national avg 4.8x)
Median Household Income$60,255

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Hickory-Lenoir-Morganton, NC's primary climate exposure is flooding (44/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Hickory-Lenoir-Morganton dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Hickory-Lenoir-Morganton Real Estate Market Data 2026 | Lotlytics | Lotlytics