Real Estate Investing in Hickory, Kentucky

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,000 • Graves County

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Should you buy in Hickory, KY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 18.8% of homes vacant — above national norms.

What’s happening in Hickory, KY?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

9.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $201,997
Avg Monthly Rent $999
ZIP Codes 1

Investing in Hickory Real Estate

With a sizable population across 1 ZIPs, Hickory shows the kind of lackluster fundamentals that keep most out-of-state capital on the sidelines.

decisively Hickory's aggregate rating of ★★★☆☆ reflects sluggish investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Transaction volume in Hickory has thinned in a way that amplifies price discovery risk. From a cash-flow lens, investors without local context should treat every number on the page with skepticism.

Hickory's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Mayfield, KY

Hickory is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Hickory, KY. Anonymous, moderated, never written by AI.

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Avg Home Value
$201,997
Avg Monthly Rent
$999
1% Rule
✗ Below
Landlord Friendly (KY)

📉 Market Crash Risk Index

Based on Mayfield, KY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Mayfield, KY metro
0
Days to pending
12.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Hickory, KY

Screen every ZIP in Hickory

Filter Hickory’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Hickory, KY

Is rental property easy to operate in Hickory, KY?

Landlord-friendliness in Hickory, KY is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Does house hacking work in Hickory, KY?

House hacking works a challenging in Hickory, KY. Rents of $999/mo against $202K acquisition make the strategy solid for owner-occupants.

How much does a house cost in Hickory, KY?

Homes in Hickory, KY typically sell near $202K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

How strong is Hickory, KY for real estate investors?

Hickory, KY rates 3.0/5 for investability. With median values at $202K and rents near $999/mo, the market offers reasonable fundamentals for rental investors.

What approach is best for Hickory, KY real estate?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Hickory, KY. The numbers - $202K homes against $999/mo rents - support that play.

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