Home Values

Mooresville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$210,800

  • 14.8% 1-year change
  • None 1-year forecast

The median home value in Mooresville is $210,800. Mooresville home values have gone up 14.8% over the past year. The median list price per square foot in Mooresville is $118, which is higher than the Statesville Metro average of $104. The median price of homes currently listed in Mooresville is $309,900 while the median price of homes that sold is $218,650. The median rent price in Mooresville is $1,245.

Foreclosures will be a factor impacting home values in the next several years. In Mooresville 4.6 homes are foreclosed (per 10,000). This is greater than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mooresville is 3.7%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mooresville homeowners underwater on their mortgage is 10.0%.

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Relative ZHVI
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Mooresville Market Overview

Data through Oct 31, 2014
  • $210,800 ZHVI
  • No data 1-yr forecast
  • $309,900 Median listing price
  • $218,650 Median sale price
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Mooresville Market Health

Data through Oct 31, 2014
  • 7.5/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 10.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.6 homes Mooresville
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Terrell $349,400
Davidson $274,600
Denver $264,000
Name Median ZHVI
Sherrills Ford $240,000
Cornelius $235,900
Huntersville $228,700
Name Median ZHVI
Troutman $145,500
Catawba $104,500
Kannapolis $102,300

Listings & Sales

Data through Oct 31, 2014
  • $118 Median list price / sq ft
  • $110 Median sale price / sq ft
  • 36.1% Listings with price cut
25.7%
Sold below listing
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Mooresville Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,343 Mooresville
    $1,021 Statesville Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,245 Rent list price
  • $0.81 Rent list price / sq ft
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