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Mooresville, NC

Full City Profile · North Carolina · Iredell County County

3.7 /5.0
B+ Good
51,447 Population 1,880/sq mi density
$88,592 Median Income $42,955 per capita
$348,500 Home Value $477,168 Zillow
$1,505 Median Rent 26.5% income on rent
59°F Avg Temperature 310 sunny days/yr
167 Violent Crime/100K 2,695 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$88,592 median income, 2.9% unemployment
A
Affordability
4.5 / 5.0
$348,500 home value, $1,505/mo rent
F
Safety
1.0 / 5.0
167 violent crimes/100K
A+
Education
4.6 / 5.0
45.3% bachelor's degree or higher

Housing Overview

Median Home Value
$348,500
24% above
US avg: $281,900
Median Rent
$1,505/mo
29% above
US avg: $1,163/mo
Homeownership Rate
57.3%
12% below US avg (65.4%)
Total Housing Units
20,595
Median year built: 2003

Home Value by Source

Census Median
$348,500
Zillow (ZHVI)
$477,168
Median Sale Price
$429,900
Median List Price
$442,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.3%
Owner-Occupied
42.7%
Renter-Occupied
57%
43%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,505/mo · Zillow rent: $1,667/mo

Market Indicators (Redfin)

Median Days on Market
114 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
51
Price Drops
27.5%
of listings with price reduction
Price Per Sq Ft
$195
Active Inventory
287
homes for sale

Affordability & Housing Stock

Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
57.3%

Complete Housing Data

Home Values

Census Median Value$348,500
Zillow Home Value (ZHVI)$477,168
Median Sale Price$429,900
Median List Price$442,950
Price Per Sq Ft$195

Rent

Census Median Rent$1,505
Zillow Rent (ZORI)$1,667
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market114
Sale-to-List Ratio1.0%
Price Drops27.5%
Homes Sold51
Active Inventory287
Price Per Sq Ft$195

Ownership & Stock

Owner-Occupied57.3%
Renter-Occupied42.7%
Homeownership Rate57.3%
Total Housing Units20,595
Median Year Built2003
Rent Burden26.5%