Is Mooresville, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mooresville has remained a Seller's Market.
Housing Prices in Mooresville, IN
How much do homes in Mooresville, IN cost?
Median Sold Price
$269,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mooresville was $269,500 in March 2024, up 12.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $154K | N/A |
2 Bedrooms | $172.7K | $232.7K | +34.7% |
3 Bedrooms | $240K | $261K | +8.8% |
4 Bedrooms | $275K | $352.5K | +28.2% |
5+ Bedrooms | $340K | $569.9K | +67.6% |
Summary: Mooresville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.7%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes increased by 67.6%.
Median Sold Price Compared To Nearby Cities
Mooresville | $239K | $269.5K | +12.8% |
Camby | $273K | $275K | +0.7% |
Brown Township | $249.9K | $250K | 0.0% |
Guilford Township | $313.2K | $299.9K | -4.3% |
Madison Township | $310K | $294.5K | -5.0% |
Housing Supply in Mooresville, IN
How many homes are available in Mooresville, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 58 | -1.7% |
Summary: The Mooresville real estate market had 58 homes for sale in March 2024, a 1.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 33 | 30 | -9.1% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Mooresville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Mooresville in March 2024, up by 6.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 24% were sold at asking, and 12% were sold over asking.
Days on Market for Mooresville, IN
How long does it take to sell a home in Mooresville, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 56 Days | +90.3% |
Summary: Homes in Mooresville had an average of 56 days on market in Mar 2024, up by 90.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Mooresville; 41% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.