Mooresville Home Prices & Values

$203,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 12.0% 1-year change
  • No data 1-year forecast

The median home value in Mooresville is $203,900. Mooresville home values have gone up 12.0% 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 $299,900 while the median price of homes that sold is $235,300. The median rent price in Mooresville is $1,145, which is higher than the Statesville Metro median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Mooresville 4.4 homes are foreclosed (per 10,000). This is the same as the national value of 4.4

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 Jul 31, 2014
  • $203,900 ZHVI
  • No data 1-yr forecast
  • $299,900 Median listing price
  • $235,300 Median sale price
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Mooresville Market Health

Data through Jul 31, 2014
  • 7.4/10 Healthy What's This?  
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    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)

4.4 homes Mooresville
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Terrell $305,500 Davidson $273,500 Denver $248,000
Cornelius $238,400 Huntersville $230,500 Sherrills Ford $212,300
Troutman $140,700 Catawba $104,900 Kannapolis $99,000

Listings & Sales

Data through Jul 31, 2014
  • $118 Median list price / sq ft
  • $109 Median sale price / sq ft
  • 35.8% Listings with price cut
24.1%
Sold below listing
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Mooresville Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,328 Mooresville
$1,017 Statesville Metro
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,145 Rent list price
  • $0.80 Rent list price / sq ft
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