Mooresville, NC housing market
The typical Mooresville home is worth about $478,000, about the same as a year ago, 43% above the North Carolina typical home. Homes typically sell in 74 days, below asking.
Home values, sales, trends and how Mooresville compares with the towns next door — updated as new data is published.
Mooresville at a glance
A seller's market
Supply is tight — about 3.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Mooresville | North Carolina |
|---|---|---|
| 2017 | $273,000 | $179,000 |
| 2018 | $286,000 | $190,000 |
| 2019 | $295,000 | $203,000 |
| 2020 | $303,000 | $215,000 |
| 2021 | $337,000 | $242,000 |
| 2022 | $421,000 | $287,000 |
| 2023 | $467,000 | $320,000 |
| 2024 | $469,000 | $332,000 |
| 2025 | $478,000 | $338,000 |
| 2026 | $481,000 | $336,000 |
| August 2026 | $478,000 | $335,000 |
692 new homes permitted in 2025
Builders were permitted 692 new homes in Mooresville in 2025: 308 single-family houses and 384 in buildings with two or more homes, worth about $111.6 million to build. That's 13 per 1,000 residents, about the pace of North Carolina as a whole.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 341 | 258 | 83 | $60.7 million |
| 2025 | 692 | 308 | 384 | $111.6 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Mooresville and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Mooresville | $478K | −0.3% | $1,610 | 692 | $89,647 |
| Lake Norman of Iredell | — | +5.5%† | $2,010 | — | $173,542 |
† FHFA price index change, where Zillow has no home value for the town.
5.3 years of income
The typical Mooresville home costs about 5.3 years of the town's median household income, more than across North Carolina (4.6 years).
How Mooresville ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,610
HUD's Fair Market Rent for a two-bedroom in Mooresville is $1,610 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mooresville pay a median of $1,626. A two-bedroom takes about 22% of the town's median household income.
Studio $1,400 · 4 bedrooms $2,710
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28115, 28117; Iredell County, NC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.