October's First-Time Homebuyer Report for Mooresville

With 9,326 residents, Mooresville is a larger than average city in Indiana. Also, with a 0.4% decrease over the last 10 years, its population is shrinking slower than other parts of the state. Mooresville is made up of homes that are considered of moderate age with a median of 24 years. The best schools in the city are Neil Armstrong Elementary School, Paul Hadley Middle School, and Mooresville High School.


If you are interested in arts and entertainment, Foursquare says that Mooresville Movies and Showtime Cinema are the most popular places in Mooresville. Recommended places to eat are Gray Brothers Cafeteria, Dong's Chinese Buffet, and Wendy's. Lastly, Route 67 Bar & Grill is a well-known place to get a drink.

Price Range

Some of the more expensive homes in Indiana are in Mooresville with a median home value of $127,200 and an average list price for available homes currently at $124,664. The Mooresville market got good news in this week's report, as the number of home sales climbed 18.2%, pushing the total to 13 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in Mooresville? These listings have stirred up interest and produced the most views:

$164K   $224K   $149K  

Typical Dwelling

The typical dwelling in Mooresville is a three-bedroom detached home worth about $138,425. To purchase a similar home, a buyer with good credit and a $27,685 cash down payment could obtain a mortgage with a 3.95% interest rate and a $623 monthly payment. The property tax rate is $7.39 per $1,000 of taxable assessed value.

Get started right now by checking out Mooresville homes for sale or reviewing Mooresville real estate trends.

Data reported through 10/13/2016


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Signet Realty
Snapped 4 homes in this area

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