Mooresville, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Mooresville Neighborhoods Since 2000




Mooresville, IN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Mooresville Housing Market Information

With a population of 9,623, 3,930 total housing units (homes and apartments), and a median house value of $152,965, Mooresville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Mooresville, accounting for 76.65% of the town's housing units. Other types of housing that are prevalent in Mooresville include large apartment complexes or high rise apartments ( 9.74%), duplexes, homes converted to apartments or other small apartment buildings ( 9.24%), and a few row houses and other attached homes ( 3.12%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mooresville. Owner-occupied housing accounts for 66.32% of Mooresville's homes, and 61.48% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mooresville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mooresville built between 1940-1969 ( 32.01%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.05%). There's also some housing in Mooresville built before 1939 ( 8.74%).

Mooresville Home Appreciation Rates

Real estate appreciation rates in Mooresville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.04% during the period.

Over the last year, Mooresville appreciation rates have trailed the rest of the nation. In the last twelve months, Mooresville's appreciation rate has been 1.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mooresville were at -0.60%, which equates to an annual appreciation rate of -2.40%.

Notably, Mooresville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Indiana, our data show that Mooresville's latest annual appreciation rate is lower than 70% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$152,965

Mooresville, IN HOME PRICES

Value Range
> $1,062,000 0.6
$796,001 - $1,062,000 0.0
$531,001 - $796,000 1.0
$425,001 - $531,000 0.8
$318,001 - $425,000 3.6
$212,001 - $318,000 9.9
$106,001 - $212,000 51.1
$53,001 - $106,000 27.1
$0 - $53,000 5.9

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
48.7489745693191 26.0180995475113

Number Of Homes And Apartments:
3,930

Mooresville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
7.70% 0.43% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$892 / per month

Homeownership Rate

Homeownership
Owners 66.32
Renters 33.68
Vacant 5.69

Housing Market Details

 

Age of Homes

AGE OF Mooresville HOMES
2000 or Newer 9.0
1970 - 1999 50.2
1940 - 1969 32.0
1939 or Older 8.7

Types of Homes

TYPE OF Mooresville HOMES
Single-Family 76.6
Townhomes 3.1
Small Apt. Buildings 9.2
Apt. Complexes 9.7
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Mooresville HOMES
No Bedroom 0.65
1 Bedroom 9.74
2 Bedrooms 25.94
3 Bedrooms 45.84
4 Bedrooms 15.65
5 or more bedrooms 2.18