Is Mocksville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mocksville has remained a Seller's Market.
Key Takeaway
Mocksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mocksville, NC
How much do homes in Mocksville, NC cost?
Median Sold Price
$260,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Mocksville has remained the same since last year.
Summary: The median home sold price in Mocksville was $260,000 in April 2024, the same as last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $130K | +44.4% |
| 2 Bedrooms | $180K | $167K | -7.2% |
| 3 Bedrooms | $245.5K | $273K | +11.2% |
| 4 Bedrooms | $308.6K | $350K | +13.4% |
| 5+ Bedrooms | $288K | $450K | +56.3% |
Summary: Mocksville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.4%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 56.3%.
Median Sold Price Compared To Nearby Cities
| Mocksville | $259.9K | $260K | 0.0% |
| Mocksville Township | $263.4K | $260K | -1.3% |
Housing Supply in Mocksville, NC
How many homes are available in Mocksville, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 94 | 96 | +2.1% |
Summary: The Mocksville real estate market had 96 homes for sale in April 2024, a 2.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 52 | 57 | +9.6% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mocksville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 9.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mocksville, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Mocksville in April 2024, down by 20.7% month-over-month. Of the 23 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.
Days on Market for Mocksville, NC
How long does it take to sell a home in Mocksville, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 50 Days | -22.3% |
Summary: Homes in Mocksville had an average of 50 days on market in Apr 2024, down by 22.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mocksville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 23 homes were sold in Mocksville; 57% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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