Is Mocksville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mocksville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mocksville was a Seller's Market.

Key Takeaway

Mocksville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mocksville, NC

How much do homes in Mocksville, NC cost?

Median Sold Price

$282,491

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,941(+8.0%)

Key Takeaway

Homes in Mocksville have sold for 8% more than they did a year ago.

Summary: The median home sold price in Mocksville was $282,491 in November 2024, up 8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $142.5K$112.5K
-21.1%
2 $160K$179.9K
+12.4%
3 $259.9K$267.9K
+3.1%
4 $308K$325K
+5.5%
5+ $307.4K$440K
+43.1%

Summary: Mocksville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 43.1%.

Median Sold Price Compared To Nearby Cities

Mocksville
+8.0%
Mocksville Township
+8.0%

Housing Supply in Mocksville, NC

How many homes are available in Mocksville, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9891-7.1%

Summary: The Mocksville real estate market had 91 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 5953
-10.2%
4 2418
-25.0%
5+ 69
+50.0%

Summary: The Mocksville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2710-63.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mocksville, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Mocksville in November 2024, down by 63.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
20 Days76 Days+274.7%

Summary: Homes in Mocksville had an average of 76 days on market in Nov 2024, up by 274.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mocksville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Mocksville; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

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