Mooresboro, NC—28114
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mooresboro, NC
As of Oct '25, the median home price in Mooresboro, NC is $147,000, with a year-over-year change of -7.7%. This indicates that home prices in Mooresboro, NC are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | -7.7% |
| Single Family | $147,000 | -5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $120,000 | -7.0% |
3 Bed | $192,000 | -1.5% |
4 Bed | $282,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mooresboro, NC
Mooresboro, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $975 | $975 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,450 | $1,450 |
% of Rental Stock
Property Listings — Mooresboro, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mooresboro, NC is 70. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | 1.0% |
Listing Count | 34 | 74.0% |
| Listings as % of Homes | 0.6% | 74.0% |
Days on Market | 70 | -28.0% |
Demographics — Mooresboro, NC
As of the latest ACS Survey released in 2023, Mooresboro, NC has a population of 7,570, which has increased by 6.0% over the past 5 years. Mooresboro, NC is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,570 | 6.0% |
% Under 18 | 25.3% | 14.5% |
% Seniors | 15.7% | -23.4% |
% WFH | 3.1% | 3,000.0% |
% w/ College Degree | 13.3% | 38.5% |
As of the latest ACS Survey released in 2023, Mooresboro, NC is a predominantly white area, with 90.6% of the population identifying as white. The white population has grown by 7.9% in the last 5 years. The second most common race or ethnicity in Mooresboro, NC is hispanic, making up 5.4% of the population. Foreign-born residents account for 3.5% of the population in Mooresboro, NC, and this percentage has increased by 2.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.6% | 7.9% |
% Black | 2.6% | -67.1% |
% Hispanic | 5.4% | -16.9% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.5% | 2.9% |
Mortgage and Risk — Mooresboro, NC
According to HUD data as of 2023, there were 102 mortgage originations in Mooresboro, NC, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Mooresboro, NC. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 102 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Mooresboro, NC
Mooresboro, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | -$45 | $975 | $930 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | -$20 | $1,450 | $1,430 |
Affordability — Mooresboro, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $147,000 |
| Median Household Income | $60,400 |