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

$214,100

  • 12.9% 1-year change
  • None 1-year forecast

The median home value in Mooresville is $214,100. Mooresville home values have gone up 12.9% over the past year. The median list price per square foot in Mooresville is $113, which is higher than the Statesville Metro average of $102. The median price of homes currently listed in Mooresville is $317,990 while the median price of homes that sold is $225,650. The median rent price in Mooresville is $1,295, which is higher than the Statesville Metro median of $1,225.

Foreclosures will be a factor impacting home values in the next several years. In Mooresville 4.0 homes are foreclosed (per 10,000). This is the same as the national value of 4.0

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 6.4%. 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 11.0%.

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Relative ZHVI
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Mooresville Market Overview

Data through Jan 31, 2015
  • $214,100 ZHVI
  • No data 1-yr forecast
  • $317,990 Median listing price
  • $225,650 Median sale price
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Mooresville Market Health

Data through Jan 31, 2015
  • 7.7/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 11.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

4 homes Mooresville
4 homes United States
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Nearby Cities

Name Median ZHVI
Terrell $350,600
Davidson $276,200
Cornelius $238,600
Name Median ZHVI
Sherrills Ford $237,600
Huntersville $230,100
Mount Ulla $222,200
Name Median ZHVI
Troutman $144,600
Landis $104,000
Kannapolis $100,900

Listings & Sales

Data through Jan 31, 2015
  • $113 Median list price / sq ft
  • $111 Median sale price / sq ft
  • No data Listings with price cut
27.6%
Sold below listing
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Mooresville Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,375 Mooresville
    $1,089 Statesville Metro
    $1,350 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)
  • $1,295 Rent list price
  • $0.82 Rent list price / sq ft
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