Mooresville, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mooresville, IN Real Estate Data


Mooresville Housing Market Information

With a population of 9,623, 3,794 total housing units (homes and apartments), and a median house value of $136,517, house prices in Mooresville are solidly below the national average.

Single-family detached homes are the single most common housing type in Mooresville, accounting for 79.98% of the town's housing units. Other types of housing that are prevalent in Mooresville include duplexes, homes converted to apartments or other small apartment buildings ( 8.53%), large apartment complexes or high rise apartments ( 8.05%), and a few row houses and other attached homes ( 2.67%).

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 67.18% of Mooresville's homes, and 64.91% 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 ( 32.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.29%). There's also some housing in Mooresville built before 1939 ( 9.95%).

Mooresville Home Appreciation Rates

Appreciation rates for homes in Mooresville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.16%, which ranks in the top 50% nationwide. This equates to an annual average Mooresville house appreciation rate of 0.50%.

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 3.97%, 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 1.66%, which equates to an annual appreciation rate of 6.79%.

Relative to Indiana, our data show that Mooresville's latest annual appreciation rate is lower than 80% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$136,517

Mooresville, IN HOME PRICES

Value Range
> $1,114,000 0.5
$835,001 - $1,114,000 0.0
$557,001 - $835,000 0.5
$445,001 - $557,000 0.8
$334,001 - $445,000 3.3
$223,001 - $334,000 11.6
$112,001 - $223,000 52.6
$56,001 - $112,000 23.9
$0 - $56,000 6.9

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
57.439831352111 39.5927601809955

Number Of Homes And Apartments:
3,794

Rent & Ownership

 

Average Market Rent:
$876 / per month

Homeownership Rate

Homeownership
Owners 67.18
Renters 32.82
Vacant 8.82

Housing Market Details

 

Age of Homes

AGE OF Mooresville HOMES
2000 or Newer 10.3
1970 - 1999 47.3
1940 - 1969 32.5
1939 or Older 9.9

Types of Homes

TYPE OF Mooresville HOMES
Single-Family 80.0
Townhomes 2.7
Small Apt. Buildings 8.5
Apt. Complexes 8.1
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Mooresville HOMES
No Bedroom 1.18
1 Bedroom 10.36
2 Bedrooms 21.94
3 Bedrooms 49.00
4 Bedrooms 15.91
5 or more bedrooms 1.61

Mooresville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
11.56% 0.65% 3 1
* 10 is highest