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Mooresville, IN

Full City Profile · Indiana · Morgan County County

3.3 /5.0
B Good
9,608 Population 1,432/sq mi density
$70,228 Median Income $35,809 per capita
$194,300 Home Value $303,455 Zillow
$1,045 Median Rent 30.0% income on rent
53°F Avg Temperature 293 sunny days/yr
52 Violent Crime/100K 3,300 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$70,228 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$194,300 home value, $1,045/mo rent
F
Safety
1.0 / 5.0
52 violent crimes/100K
C+
Education
2.8 / 5.0
23.0% bachelor's degree or higher

Housing Overview

Median Home Value
$194,300
31% below
US avg: $281,900
Median Rent
$1,045/mo
10% below
US avg: $1,163/mo
Homeownership Rate
68.4%
5% above US avg (65.4%)
Total Housing Units
4,091
Median year built: 1971

Home Value by Source

Census Median
$194,300
Zillow (ZHVI)
$303,455
Median Sale Price
$335,000
Median List Price
$245,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.4%
Owner-Occupied
31.6%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $1,045/mo

Market Indicators (Redfin)

Median Days on Market
15 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$153
Active Inventory
25
homes for sale

Affordability & Housing Stock

Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
68.4%

Complete Housing Data

Home Values

Census Median Value$194,300
Zillow Home Value (ZHVI)$303,455
Median Sale Price$335,000
Median List Price$245,000
Price Per Sq Ft$153

Rent

Census Median Rent$1,045
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market15
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold6
Active Inventory25
Price Per Sq Ft$153

Ownership & Stock

Owner-Occupied68.4%
Renter-Occupied31.6%
Homeownership Rate68.4%
Total Housing Units4,091
Median Year Built1971
Rent Burden30.0%