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Sarah Mitchell

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Compass Real Estate · Mooresville, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Mooresville, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Mooresville, NC Housing Market

Balanced market-1.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Mooresville, NC is worth $478,099, fell 1.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $442,500, -1.1% year over year (through May 2026). With 3.1 months of supply and homes going under contract in about 74 days, Mooresville is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $478,099 home is about $2,552/mo in principal and interest.

Key numbers for Mooresville, NC

Typical home value

$478,099

-1.1% in 12 months

Zillow, August 2026

Typical asking rent

$1,655/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$442,500

-1.1% year over year

Redfin, through May 2026

Days on market

74

Slow-moving

Redfin, through May 2026

Active listings

307

3.1 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$88,592

Home costs 5.4x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.4%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Mooresville a buyer's or seller's market?

Balanced market3.1 months of supply74 days on market98.4% of asking

Mooresville, NC is a balanced market, based on 3.1 months of supply and homes selling in about 74 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Mooresville housing market data show?

Every row below is Redfin's final published month for Mooresville, NC. Redfin, through May 2026

Housing market statistics for Mooresville, NC, Redfin through May 2026
MetricValue
Median sale price$442,500
Median list price$449,500
Year-over-year price change-1.1%
Median price per sq ft$195/sq ft
Median days on market74 days
Active inventory307 listings
Months of supply3.1 months
Sale-to-list price ratio98.4%
Homes sold (that month)100
New listings (that month)122
Listings with a price cut38.8%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Mooresville is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Mooresville is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Mooresville home prices moved?

Over the last three years the median sale price in Mooresville, NC rose 7.7%, from $411,000 to $442,500. The live Zillow value series has fell 1.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 38.8% of Mooresville listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.1 months while the sale-to-list ratio slips below its current 98.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Mooresville?

Priced off the typical home value of $478,099 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Mooresville, NC
Down paymentCash at closeLoan amountMonthly P&I
20%$95,620$382,480$2,552/mo
5%$23,905$454,194$3,031/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,552, that implies roughly $109,387 a year before you add taxes and insurance. The median household in Mooresville earns $88,592, about $20,795 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.4x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Mooresville in the next 12 months?

Tell us your timeline. We send the Mooresville market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Mooresville?

Typical asking rent in Mooresville, NC is $1,655/mo, against a typical home value of $478,099. That is a price-to-rent ratio of 24.1x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,552 a month — $898 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Mooresville?

Active listings in Mooresville, NC went from 355 in May 2025 to 307 in May 2026, a -13.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Mooresville, NC
MonthActive listingsNew listings
June 202534398
July 2025356106
August 202532789
September 2025340101
October 202532573
November 202531467
December 202528565
January 202627760
February 202628673
March 2026274105
April 2026302124
May 2026307122

Redfin, through May 2026

How does Mooresville compare to North Carolina and the U.S.?

Mooresville homes sell for $442,500 — 11% above the North Carolina median of $397,600. Against the national median of $410,700, Mooresville runs 8% higher. Year-over-year, Mooresville moved -1.1% against North Carolina's +2.1% — a smaller swing than the state as a whole.

Mooresville, NC compared with North Carolina and the United States
MarketMedian sale priceYoYDays on market
Mooresville, NC$442,500-1.1%74 days
North Carolina statewide$397,600+2.1%52 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Mooresville

What buyers should watch

  • Months of supply, currently 3.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 38.8%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $479 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $478,099 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Mooresville listing goes under contract in 74 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Mooresville added 122 new listings against 100 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Mooresville varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Mooresville

There are currently 307 homes listed for sale in Mooresville, North Carolina. The median listing price is $450K. Featured listings range from $350,000 to $4,200,000.

3 bedroom house for sale at 183 Kristens Court Dr Mooresville 28115 - $350,000
New Listing
10
$350,000

183 Kristens Court Dr

Mooresville, NC 28115

3 bd2 ba1,106 sqft$316/ft²
House6,970 sqft lot

NC Properties 101

View photos & details
4 bedroom house for sale at 564 W Wilson Ave Mooresville 28115 - $400,000
New Build
22
$400,000

564 W Wilson Ave

Mooresville, NC 28115

4 bd3 ba1,970 sqft$203/ft²
House13,939 sqft lot

EXP Realty LLC Ballantyne

View photos & details
4 bedroom house for sale at 562 W Wilson Ave Mooresville 28115 - $400,000
New Build
23
$400,000

562 W Wilson Ave

Mooresville, NC 28115

4 bd3 ba1,970 sqft$203/ft²
House13,504 sqft lot

EXP Realty LLC Ballantyne

View photos & details
4 bedroom house for sale at 566 W Wilson Ave Mooresville 28115 - $400,000
New Build
24
$400,000

566 W Wilson Ave

Mooresville, NC 28115

4 bd3 ba1,970 sqft$203/ft²
House13,939 sqft lot

EXP Realty LLC Ballantyne

View photos & details
3 bedroom townhouse for sale at 111 Canter Ln Mooresville 28115 - $409,900
New Listing
32
$409,900

111 Canter Ln

Mooresville, NC 28115

3 bd3 ba2,004 sqft$205/ft²
Townhouse4,792 sqft lot

Carod Properties

View photos & details
2 bedroom house for sale at 119 S Dunlavin Way Mooresville 28115 - $479,900
New BuildPrice Drop −$19K
58
$479,900

119 S Dunlavin Way

Mooresville, NC 28115

2 bd2 ba2,112 sqft$227/ft²
House
View photos & details
4 bedroom house for sale at 120 Ventnor Way Mooresville 28115 - $507,790
New Build
37
$507,790

120 Ventnor Way

Mooresville, NC 28115

4 bd3 ba2,558 sqft$199/ft²
House
View photos & details
house for sale at 138 Cherry Birch St Mooresville 28117 - $520,000
New Listing
5
$520,000

138 Cherry Birch St

Mooresville, NC 28117

0 bd1 ba3,788 sqft$137/ft²
House10,106 sqft lot

Keller Williams South Park

View photos & details
5 bedroom house for sale at 128 Ventnor Way Mooresville 28115 - $527,460
New Build
$527,460

128 Ventnor Way

Mooresville, NC 28115

5 bd4 ba2,910 sqft$181/ft²
House
View photos & details
4 bedroom house for sale at 124 Ventnor Way Mooresville 28115 - $532,850
New Build
35
$532,850

124 Ventnor Way

Mooresville, NC 28115

4 bd3 ba3,130 sqft$170/ft²
House
View photos & details
4 bedroom house for sale at 114 Palmetto Dr Mooresville 28117 - $799,000
New Listing
$799,000

114 Palmetto Dr

Mooresville, NC 28117

4 bd4 ba4,830 sqft$165/ft²
House30,492 sqft lot

Realty One Group Revolution

View photos & details
5 bedroom house for sale at 182 Malibu Rd Mooresville 28117 - $4,200,000
New Listing
12
$4,200,000

182 Malibu Rd

Mooresville, NC 28117

5 bd6 ba4,890 sqft$859/ft²
House30,928 sqft lot

Francis Real Estate Group, Inc

View photos & details

Looking to buy in Mooresville?

Get connected with a local real estate expert — free, no obligation.

Active listings

307

Homes on market

Median list price

$450K

Avg. days on market

74

Days until sale

New this week

122

Newly listed

Price drops:38.8%of listings
Sale-to-list:98.4%

How much do homes cost in Mooresville by property type?

How the Mooresville, NC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Mooresville, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$450,000$194/sq ft8568 days
Condo / co-op$625,000$372/sq ft138 days
Townhouse$323,000$185/sq ft1185 days

Who lives in Mooresville?

American Community Survey estimates for Mooresville. U.S. Census ACS, 2023

Population

51,447

Households

20,100

Median income

$88,592/yr

Median age

36.6 years

Owner-occupied

57.3%

Median home value

$348,500

Median gross rent

$1,505/mo

Mean commute

23.9 min

57.3% of occupied homes in Mooresville are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $348,500 against Zillow's $478,099 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,505/mo, below Zillow's $1,655/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Mooresville?

19 schools tracked · 15,849 students

The largest public schools serving Mooresville, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Mooresville High School

Grades 9-12 · 1,972 students

Public

Lake Norman High

Grades 9-12 · 1,964 students

Public

Pine Lake Preparatory

Grades K-12 · 1,885 students

Charter

Langtree Charter Academy

Grades K-12 · 1,640 students

Charter

Coddle Creek Elementary

Grades PK-5 · 725 students

Public

Shepherd Elementary

Grades PK-5 · 709 students

Public

The Brawley School

Grades 6-8 · 677 students

Public

Lakeshore Elementary

Grades PK-5 · 673 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Mooresville, NC?

Ordered by distance from Mooresville, not by size. Compare Mooresville side by side with any of them.

Which ZIP codes are in Mooresville?

These are the ZIP codes we see on active Mooresville listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Mooresville housing market FAQ

Is Mooresville a buyer's or seller's market?

Mooresville, NC is currently a balanced market. That read comes from 3.1 months of supply, homes going under contract in about 74 days, and sellers getting 98.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Mooresville?

The typical home in Mooresville, NC is worth $478,099 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $442,500, about $195 per square foot.

Is Mooresville cheaper than the rest of North Carolina?

Mooresville's median sale price of $442,500 is 11% higher than the North Carolina statewide median of $397,600, and 8% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Mooresville?

Homes in Mooresville, NC spent a median of 74 days on market before going under contract, versus 52 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Mooresville?

At the current 30-year fixed rate of 7.03%, 20% down on a $478,099 home is about $2,552 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $109,387 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $88,592.

Are home prices rising in Mooresville?

The typical home value in Mooresville, NC fell 1.1% over the last 12 months, from $483,650 to $478,099 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Mooresville?

Mooresville ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Mooresville?

That depends on your timeline, not on a headline. What the data says today: Mooresville, NC is a balanced market with 3.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 24.1x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $478,099, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.