Is Mooresboro, 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, Mooresboro has remained a Seller's Market.
Housing Prices in Mooresboro, NC
How much do homes in Mooresboro, NC cost?
Median Sold Price
$224,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mooresboro was $224,500 in April 2024, down 11.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $139K | $170.7K | +22.8% |
3 Bedrooms | $253.2K | $240K | -5.2% |
4 Bedrooms | $280K | $224.5K | -19.8% |
5+ Bedrooms | - | $125K | N/A |
Summary: Mooresboro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.8%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.
Housing Supply in Mooresboro, NC
How many homes are available in Mooresboro, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 27 | -6.9% |
Summary: The Mooresboro real estate market had 27 homes for sale in April 2024, a 6.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Mooresboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mooresboro in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Mooresboro, NC
How long does it take to sell a home in Mooresboro, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 38 Days | -36.5% |
Summary: Homes in Mooresboro had an average of 38 days on market in Apr 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Mooresboro; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.