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These days, finding an affordable place to live in the Mooresville area can be challenging. Home prices in Mooresville are now at a median cost of $494,283, higher than the North Carolina average of $323,314.
The average cost of rent is $1,601/mo in Mooresville, primarily driven by the current value of real estate in the Mooresville area. In Mooresville, 29.04% of households rent, and 28.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mooresville is $9,051 per month. Households that rent pay about 17.69% of their income on rent here. Mooresville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Terrell, NC: equally priced homes
- Davidson, NC: higher priced homes
- Troutman, NC: less expensive homes
- Cornelius, NC: higher priced homes
- Lake Norman of Catawba, NC: equally priced homes
- Shinnville, NC: less expensive homes
- Mount Ulla, NC: less expensive homes
- Sherrills Ford, NC: less expensive homes
- Denver, NC: equally priced homes
- Longisland, NC: less expensive homes
Cities with Similar Populations
- Burleson, TX: less expensive homes
- Burbank, CA: higher priced homes
- Aurora, IL: less expensive homes
- Bellflower, CA: higher priced homes
- Austin, TX: equally priced homes
- Battle Creek, MI: less expensive homes
- Albany, NY: less expensive homes
- Allen, TX: equally priced homes
- Apopka, FL: less expensive homes
- Baytown, TX: less expensive homes
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