Mocksville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mocksville, NC 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

Mocksville Housing Market Information

With a population of 5,151, 2,005 total housing units (homes and apartments), and a median house value of $132,178, house prices in Mocksville are solidly below the national average.

Single-family detached homes are the single most common housing type in Mocksville, accounting for 72.82% of the town's housing units. Other types of housing that are prevalent in Mocksville include large apartment complexes or high rise apartments ( 16.29%), duplexes, homes converted to apartments or other small apartment buildings ( 5.81%), and a few row houses and other attached homes ( 3.78%).

The most prevalent building size and type in Mocksville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 58.43% owning and 41.57% renting.

Mocksville homes and real estate are some of the newest in America. 34.83% of Mocksville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Mocksville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.83%), and between 1940-1969 ( 23.40%). There's also some housing in Mocksville built before 1939 ( 10.94%).

Mocksville Home Appreciation Rates

Real estate appreciation rates in Mocksville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.11% during the period.

Over the last year, Mocksville appreciation rates have trailed the rest of the nation. In the last twelve months, Mocksville's appreciation rate has been 1.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mocksville were at -1.84%, which equates to an annual appreciation rate of -7.17%.

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

Relative to North Carolina, our data show that Mocksville's latest annual appreciation rate is lower than 60% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$132,178

Mocksville, NC HOME PRICES

Value Range
> $1,055,000 0.4
$791,001 - $1,055,000 0.0
$527,001 - $791,000 0.8
$422,001 - $527,000 1.8
$317,001 - $422,000 5.6
$211,001 - $317,000 14.4
$105,001 - $211,000 54.5
$53,001 - $105,000 15.3
$0 - $53,000 7.2

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
58.7190905894762 53.3575317604356

Number Of Homes And Apartments:
2,005

Mocksville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
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
11.44% 0.63% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$801 / per month

Homeownership Rate

Homeownership
Owners 58.43
Renters 41.57
Vacant 9.77

Housing Market Details

 

Age of Homes

AGE OF Mocksville HOMES
2000 or Newer 34.8
1970 - 1999 30.8
1940 - 1969 23.4
1939 or Older 10.9

Types of Homes

TYPE OF Mocksville HOMES
Single-Family 72.8
Townhomes 3.8
Small Apt. Buildings 5.8
Apt. Complexes 16.3
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Mocksville HOMES
No Bedroom 4.41
1 Bedroom 11.21
2 Bedrooms 28.62
3 Bedrooms 43.47
4 Bedrooms 10.85
5 or more bedrooms 1.44

Popular Neighborhoods in Mocksville

Zip Codes in Mocksville, NC