Median price for residential apartments in Mooresville, NC as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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774 Mooresville, NC, USA apartments for sale
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Mooresville
According to statistics, the population in Mooresville, NC amounts to 36,577, which shows growth 3% compared to the previous year. The median age of the city’s residents is 34. The average household income is $67,213, shifting growth 6% from the past year, and the average property value in Mooresville, NC growth 7% to $207,500 throughout the year.
| Population | 36,577 |
| Median Age | 34.4 |
| Poverty Rate | 9% |
| Household Income | $67,213 |
| Number Of Employees | 18,144 |
| Median Property Value | $207,500 |
Household Income
The average household income in Mooresville, NC grew from $63,632 to $67,213 in the past year. This data is an estimate based upon 13,161 households in Mooresville, NC . The chart below presents how household income is distributed in Mooresville, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Mooresville, NC shifted from $194,500 to $207,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mooresville, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mooresville, NC properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mooresville, NC compared to median property taxes around the country. The prevalent amount of property taxes in Mooresville, NC equals $2500, which is less than the national average.
Housing Trends
How much does an apartment cost in Mooresville, NC, USA
Average apartment sale in Mooresville: $758,809 (+0.4%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $665,031 | -0.5% |
| 2-bed apartments | $617,622 | +3.5% |
| 3-bed apartments | $550,557 | -0.1% |
| 4+ bed apartments | $977,521 | +1.1% |
During Dec 2022, the average price for an apartment in/near Mooresville, NC increased by 0.4% to $758,809.
Knowing the current property prices is key if you plan to buy a studio in Mooresville, NC. The average price for a studio has decreased since the last month, currently being $665,031. After collecting all data points, we now see that the average price for 1-bed apartment stands at $250,000 with no changes this month. Asking price for 2-bed apartment also increased by 3.5% and a place of this size will now cost you $617,622. A 3-bed apartment goes for $550,557, it decreased by 0.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 1.1% and made it up to $977,521.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Condos for sale | $416,557 | +6% |
| Duplexes for sale | $899,000 | +0% |
| Houses for sale | $809,863 | +0.7% |
| Lofts for sale | $760,042 | -0.3% |
| Townhouses for sale | $298,494 | +0% |
| Land for sale | $665,031 | -1.1% |
While assessing the property pricing Mooresville, NC, you can note that it remains flat with a price tag of $357,966. Price reports demonstrate that house price increased by 0.7% this month making it up to $809,863. Condos are really in demand in this season. The median price for a condo increased by 6%, it’s now available for $416,557. An average value of duplex is $899,000, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it decreased by 0.3%, the price tag now starts at $760,042. Value of the townhouses didn’t change, the price still starts at $298,494. The average price of the land for sale in Mooresville, NC has decreased by 1.1%, and now equals $665,031.
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