Mocksville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mocksville, NC Real Estate Data


Mocksville Housing Market Information

With 5,151 people, 1,991 houses or apartments, and a median cost of homes of $152,189, Mocksville 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 Mocksville, accounting for 70.70% of the town's housing units. Other types of housing that are prevalent in Mocksville include large apartment complexes or high rise apartments ( 14.17%), duplexes, homes converted to apartments or other small apartment buildings ( 9.06%), and a few row houses and other attached homes ( 4.19%).

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 61.64% owning and 38.36% renting.

There is a lot of housing in Mocksville 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 Mocksville built between 2000 and later ( 35.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.08%). There's also some housing in Mocksville built before 1939 ( 9.02%).

Mocksville Home Appreciation Rates

Appreciation rates for homes in Mocksville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.40%, which ranks in the top 50% nationwide. This equates to an annual average Mocksville house appreciation rate of 0.33%.

NeighborhoodScout's data show that during the latest twelve months, Mocksville's appreciation rate, at 5.29%, has been at or slightly above the national average. In the latest quarter, Mocksville's appreciation rate has been 1.65%, which annualizes to a rate of 6.77%.

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

Average Home Values

 

Median Home Value:
$152,189

Mocksville, NC HOME PRICES

Value Range
> $1,082,000 0.0
$812,001 - $1,082,000 0.0
$541,001 - $812,000 0.8
$433,001 - $541,000 1.3
$324,001 - $433,000 5.9
$216,001 - $324,000 15.1
$108,001 - $216,000 54.4
$54,001 - $108,000 15.0
$0 - $54,000 7.3

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
49.8213972009135 43.7386569872958

Number Of Homes And Apartments:
1,991

Rent & Ownership

 

Average Market Rent:
$703 / per month

Homeownership Rate

Homeownership
Owners 61.64
Renters 38.36
Vacant 8.42

Housing Market Details

 

Age of Homes

AGE OF Mocksville HOMES
2000 or Newer 35.1
1970 - 1999 37.9
1940 - 1969 18.1
1939 or Older 9.0

Types of Homes

TYPE OF Mocksville HOMES
Single-Family 70.7
Townhomes 4.2
Small Apt. Buildings 9.1
Apt. Complexes 14.2
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Mocksville HOMES
No Bedroom 4.28
1 Bedroom 10.12
2 Bedrooms 25.39
3 Bedrooms 47.42
4 Bedrooms 11.36
5 or more bedrooms 1.43

Mocksville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
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
15.52% 0.85% 2 2
* 10 is highest

Popular Neighborhoods in Mocksville

Zip Codes in Mocksville, NC