$7,719 Closing Credit*
$650,000
2,193 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Knox Group, The
Is Mooresville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mooresville was a Seller's Market.
Key Takeaway
Mooresville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mooresville, NC
How much do homes in Mooresville, NC cost?
Median Sold Price
$493,434
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,434(+6.1%)
Key Takeaway
Homes in Mooresville have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Mooresville was $493,434 in October 2024, up 6.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173K | $180K | +4.0% |
| 2 Bedrooms | $267.5K | $275K | +2.8% |
| 3 Bedrooms | $390K | $399.9K | +2.6% |
| 4 Bedrooms | $556.6K | $625K | +12.3% |
| 5+ Bedrooms | $546.2K | $561.6K | +2.8% |
Summary: Mooresville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Mount Ulla | $382.5K | $540K | +41.2% |
| Coddle Creek Township | $408.2K | $440.7K | +8.0% |
| Mooresville | $465K | $493.4K | +6.1% |
| Barringer Township | $360K | $367.2K | +2.0% |
| Davidson Township | $643.4K | $623.2K | -3.1% |
Housing Supply in Mooresville, NC
How many homes are available in Mooresville, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 582 | 626 | +7.6% |
Summary: The Mooresville real estate market had 626 homes for sale in October 2024, a 7.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 36 | 40 | +11.1% |
| 3 Bedrooms | 230 | 243 | +5.7% |
| 4 Bedrooms | 229 | 245 | +7.0% |
| 5+ Bedrooms | 85 | 96 | +12.9% |
Summary: The Mooresville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 12.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 102 | -17.1% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mooresville, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 102 homes were sold or pending in Mooresville in October 2024, down by 17.1% month-over-month. Of the 102 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.
Days on Market for Mooresville, NC
How long does it take to sell a home in Mooresville, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 37 Days | -0.8% |
Summary: Homes in Mooresville had an average of 37 days on market in Oct 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mooresville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 102 homes were sold in Mooresville; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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