Market snapshot
This report covers ZIP 28602, Hickory, NC. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 28602
In the last 12 months, 17 properties in ZIP 28602 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $103K in gross margin before rehab, carrying, and closing costs, with a median hold time of 189 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | ABETH LLC | 2 |
| 2 | ELITE HOMES AND LAND INC | 1 |
| 3 | ESSENTIAL CAPITAL LLC | 1 |
| 4 | TRUECAROLINA PROPERTIES LLC | 1 |
| 5 | STATE EMPLOYEES CREDIT UNION | 1 |
Recent example
229 17TH AVE SE, HICKORY, NC, 28602 · ELITE HOMES AND LAND INC
Bought $250,000, sold $342,000 (+$92K), held 121 days.
Recent investor purchases in ZIP 28602
80 investor purchases in ZIP 28602 in the last 6 months, at a median price of $103K. 69% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 26, 2026 | 1440 23RD ST SW | PARKER WILLIAM | $123K | Cash |
| Oct 26, 2026 | 307 10TH ST SW | TRUECAROLINA PROPERTIES LLC | $38K | Cash |
| Oct 26, 2026 | 2831 14TH AVENUE CIR SE | SYNTERDYNAMIC INC | $55K | Cash |
| Oct 20, 2026 | 71 13TH ST SE | DIETZ LEGACY LLC | $19K | Cash |
| Oct 16, 2026 | 7518 BUFF AND ALLEN RD | M & B PROPERTY HOLDING LLC | $75K | Cash |
| Oct 14, 2026 | 1257 HIDDEN CREEK CIR | L & M RESIDENTIAL HOLDINGS LLC | $195K | Financed |
| Oct 8, 2026 | 7501 WOODLAND HILLS RD | NFCU | $311K | Cash |
| Oct 7, 2026 | 302 33RD ST SW | HOLDEN BROTHERS LLC | $23K | Cash |
| Oct 7, 2026 | 1047 3RD AVENUE DR SE | DIAS HOME BUYERS LLC | $35K | Cash |
| Oct 1, 2026 | E AVENUE SE | KINCADE PROPERTIES LLC | $360K | Cash |
Watch 28602 every week
Get the newest investor purchases and flips in 28602 in your inbox every Monday. Free, one click to stop.
More of Hickory
See every zip, the latest investor purchases and flips across the city on the Hickory, NC fix-and-flip market report.
See every flip in 28602, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
Unlock the full 28602 report Free. Email only. No credit card.Nearby markets in NC
Same-state markets near ZIP 28602. Click any to see its fix-and-flip snapshot.
We built this tool. We also write the loans on flips just like the ones above.
About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.