Mooresville, IN—46158
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mooresville, IN
As of Oct '25, the median home price in Mooresville, IN is $308,000, with a year-over-year change of 2.9%. This indicates that home prices in Mooresville, IN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $308,000 | 2.9% |
| Single Family | $308,000 | 2.7% |
| Condos | $297,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $164,000 | 1.2% |
2 Bed | $239,000 | 3.9% |
3 Bed | $300,000 | 2.7% |
4 Bed | $394,000 | 3.4% |
| 5 Bed | $500,000 | 2.0% |
% of Housing Stock
Rental Trends — Mooresville, IN
As of July '25, Rentcast reports the average rent in Mooresville, IN is $1,730, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Mooresville, IN is 1-bedrooms: $1,280, 2-bedrooms: $1,120, 3-bedrooms: $1,840, 4-bedrooms: $2,620. The most common rental property sizes in Mooresville, IN are 2-bedroom and 1-bedroom, accounting for 48.9% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,280 |
| 2 Bed Rent | $1,120 | $1,120 |
| 3 Bed Rent | $1,780 | $1,840 |
| 4 Bed Rent | $2,760 | $2,620 |
% of Rental Stock
Property Listings — Mooresville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Mooresville, IN is 47. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $356,000 | 1.0% |
Listing Count | 74 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 47 | 7.0% |
Demographics — Mooresville, IN
As of the latest ACS Survey released in 2023, Mooresville, IN has a population of 24,600, which has increased by 7.4% over the past 5 years. Mooresville, IN is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,600 | 7.4% |
% Under 18 | 20.3% | -14.3% |
% Seniors | 20.6% | 31.2% |
% WFH | 10.1% | 248.3% |
% w/ College Degree | 23.1% | 28.3% |
As of the latest ACS Survey released in 2023, Mooresville, IN is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Mooresville, IN is hispanic, making up 2.2% of the population. Foreign-born residents account for 1.0% of the population in Mooresville, IN, and this percentage has decreased by 9.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.0% | -2.4% |
% Black | 0.2% | ∞% |
% Hispanic | 2.2% | 15.8% |
% Asian | 0.5% | -44.4% |
% Foreign Born | 1.0% | -9.1% |
Mortgage and Risk — Mooresville, IN
According to HUD data as of 2023, there were 684 mortgage originations in Mooresville, IN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Mooresville, IN. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 684 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Mooresville, IN
As of 2024, the percent of homes in Mooresville, IN under the Section 8 program is 9.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Mooresville, IN, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 169 |
Total Units Section 8 | 169 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,300 | $1,040 |
| 2 Bedroom | $100 | $1,120 | $1,220 |
| 3 Bedroom | -$190 | $1,780 | $1,590 |
| 4 Bedroom | -$840 | $2,760 | $1,920 |
Affordability — Mooresville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $308,000 |
| Median Household Income | $79,900 |