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City · 52,381 residents · Iredell County, North Carolina

Mooresville , North Carolina

In Mooresville, a typical home is worth $390,900 and typical rent is $1,626 a month. Compared with all of Iredell County, typical rent is 30% higher, the typical home value is 22% higher, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $390,900

    22% above the county

    35% above North Carolina

    • Mooresville
    • Iredell
    • North Carolina

  • Typical rent

    $1,626a month

    30% above the county

    32% above North Carolina

    • Mooresville
    • Iredell
    • North Carolina

  • Typical household income

    $89,647a year

    10% above the county

    24% above North Carolina

    • Mooresville
    • Iredell
    • North Carolina

  • Households that own their home

    58%

    14 points below the county

    8 points below North Carolina

    • Mooresville
    • Iredell
    • North Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$477,658
0.6% less than 12 months ago
Typical rent
$1,675 a month
2% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Mooresville is in Iredell County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Iredell County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Mooresville apart

What this place has that others do not, from public data, most unusual first.

  1. The typical rent in Mooresville is $1,626 a month, 30% more than in Iredell County as a whole ($1,252).

  2. 58% of households in Mooresville own their home, against 72% in Iredell County.

  3. Nearby, in Lake Norman of Catawba, the typical rent is $1,319: 19% less than in Mooresville ($1,626).

  4. The typical home in Mooresville is worth $390,900, 22% more than in Iredell County as a whole ($321,400).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Mooresville

What homes there are in Mooresville, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Mooresville, but it weighs less than in Iredell County: 60% against 71%.

Year built

The typical home in Mooresville was built in 2006, 9 years after the typical one in Iredell County.

There are fewer big homes in Mooresville than in Iredell County: 64% have 3 bedrooms or more, against 73%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

About 82% of owner-occupied homes in Mooresville are worth less than the FHA loan limit for Iredell County ($541,287).

Monthly rent with utilities

With a mortgage

$1,895 a month

Iredell County: $1,714 a month

Without a mortgage

$625 a month

Iredell County: $457 a month

Owners with a mortgage

75%

Iredell County: 62%

In Mooresville, 75% of owners have a mortgage, and their typical cost is $1,895 a month, against $1,714 in Iredell County. Without one it drops to $625.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Mooresville rose 68% since 2015–2019, about the same as in Iredell County (69%).

Much as in Iredell County, the typical rent in Mooresville rose 47% since 2015–2019.

Housing prices ran ahead of income in Mooresville: typical income rose 30%, against +68% for home values and +47% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMooresvilleIredell CountyNorth CarolinaUnited States
Rental vacancy Unreliable estimate4.9%7.1%5.5%
Homeowner vacancy Unreliable estimate1.0%1.3%0.9%
More than one person per room Unreliable estimate2.1%2.2%3.4%
People per household 2.602.552.442.53
Drive alone 71%74%72%69%
Carpool 7%9%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 19%15%16%15%
Other means 2%1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Iredell County, a household in Mooresville has 2.60 people on average.

In Mooresville, 19% of workers work from home, more than in Iredell County (15%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Mooresville?

A typical home costs more than the typical income allows

We start with a typical home in Mooresville, worth $390,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 43% of the typical household income in Mooresville, which is $89,647 a year. For that payment to be 28% of income, a household would need to earn about $137,830 a year.

The calculator's FHA and conventional loan limits are those of all of Iredell County.

Your numbers

Local data
$

Starts at the typical home value in Mooresville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,682 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,216

at 7.18% · 30 years

Loan amount
$383,819
Total interest
$552,226
Paid off in
November 2056

Includes $6,601 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,092 a month

  • Tight

    $2,092 to $2,689 a month

  • Hard

    more than $2,689 a month

    Your payment · 43%

Compared with the typical household income in Mooresville ($89,647 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,216
Principal & interest$2,600
Property tax$280
Home insurance$163
FHA mortgage insurance (MIP)$173

You need at least $13,682 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Mooresville and Iredell County

Mooresville is in Iredell County, North Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Mooresville's own numbers

Typical home value
$390,900
Typical monthly rent
$1,626
Typical yearly household income
$89,647
Households that own their home
58%
Effective property tax rate
0.86%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Iredell County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,429
Price change over 5 years (FHFA)
+66%
Homes in a high flood-risk zone
0.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Iredell County.

Everything about Iredell County

Buying

Buying a home in Mooresville

A typical home in Mooresville is worth $390,900: 22% above the county and 35% above North Carolina. With the typical household income in Mooresville ($89,647 a year), a typical home costs 4.4 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Mooresville 4.4 years
  • Iredell 3.9 years
  • North Carolina 4.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Iredell County

According to FHFA’s house price index, home prices in Iredell County rose 107% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Iredell County.

Period County North Carolina U.S.
Last year (2025) +3.6% +2.5% +2.9%
5 years (2020–2025) +66% +60% +47%
10 years (2015–2025) +107% +107% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Mooresville next to Iredell County, North Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Mooresville $390,900
  • Iredell $321,400
  • North Carolina $288,900
  • United States $332,700
Typical monthly rent
  • Mooresville $1,626
  • Iredell $1,252
  • North Carolina $1,228
  • United States $1,413
Typical yearly household income
  • Mooresville $89,647
  • Iredell $81,419
  • North Carolina $72,388
  • United States $80,734
See the full table
Mooresville next to Iredell County and North Carolina
Measure Mooresville Iredell County North Carolina U.S.
Typical home value $390,900 $321,400 $288,900 $332,700
Typical monthly rent $1,626 $1,252 $1,228 $1,413
Typical yearly household income $89,647 $81,419 $72,388 $80,734
Households that own their home 58% 72% 67% 65%
Typical yearly property tax $3,381 $1,952 $1,896 $3,119
Effective property tax rate 0.86% 0.61% 0.66% 0.94%
Renters with high rent for their income 44% 44% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Iredell County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Mooresville

For a typical $390,900 home in Mooresville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mooresville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,216a month

    Least cash to close
    Down payment
    $13,682
    Cash to close
    $25,409
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $173

  • Conventional, 5% down $3,144a month

    Down payment
    $19,545
    Cash to close
    $31,272
    Rate
    7.18%
    Mortgage insurance
    PMI · $186

  • Conventional, 20% down, no PMI $2,561a month

    Down payment
    $78,180
    Cash to close
    $89,907
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,923a month

    Down payment
    $58,635
    Cash to close
    $70,362
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Mooresville and for Iredell County.

Property tax

Effective rate in Mooresville

0.86%of the home’s value each year

$3,381 a year for the typical owner in Mooresville.

  • Mooresville 0.86%
  • Iredell 0.61%
  • North Carolina 0.66%

What North Carolina publishes Elderly or Disabled Homestead Exclusion (North Carolina General Assembly (statute))

Exemptions and deadlines in North Carolina

Flood risk in Iredell County

FEMA does not publish these numbers by city: they are for all of Iredell County.

Homes in the high-risk zone
0.2%
159
Of those, with NFIP insurance
18%
County North Carolina U.S.
Homes in the high-risk zone 0.2% 2.8% 3.5%
Of those, with NFIP insurance 18% 53% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Mooresville

Typical rent in Mooresville is $1,626 a month: 30% above the county. In Mooresville, 44% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Iredell County, by unit size. To pay the 2-bedroom one ($1,429 a month) without spending more than 30% of your income, you would need to earn $27.48 an hour working full time.

HUD fair market rent for all of Iredell County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,260 $24.23 $50,400
1 bedroom $1,313 $25.25 $52,520
2 bedrooms $1,429 $27.48 $57,160
3 bedrooms $1,897 $36.48 $75,880
4 bedrooms $2,389 $45.94 $95,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Mooresville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mooresville has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,490 in 28115 to $2,140 in 28117.

2 of the 2 are above the fair market rent for Iredell County ($1,429).

  • 28115 $1,490$1,970
  • 28117 $2,140$2,840

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mooresville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Mooresville

HUD lists 12 buildings with rents for lower incomes in Mooresville. These are the largest.

  • Piedmont Pointe 195 Piedmont Pointe Dr, Mooresville 28115 144 low-income homes · 2 bd: 48 · 3 bd: 72 · 4 bd: 24 · In service since 1997 · For families
  • Stonecreek Apts 130 J C Cir, Mooresville 28115 100 low-income homes · 2 bd: 40 · 3 bd: 48 · 4 bd: 12 · In service since 1998 · For families
  • Colonial Ridge 109 Colonial Ridge Cir, Mooresville 28117 80 low-income homes · 2 bd: 60 · 3 bd: 20 · In service since 2005 · For people with disabilities, families, people experiencing homelessness
  • Meadowlark Glen Apartments 739 Selma Dr, Mooresville 28115 76 low-income homes · For families (704) 663-1371
  • Cascade Garden Apartments 707 Cascade St, Mooresville 28115 68 low-income homes · 1 bd: 43 · 2 bd: 25 · In service since 2020 · For older adults

See all 35 buildings in Iredell County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Mooresville

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Iredell County; 1 says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Mooresville

No down payment, repair or rent-help program on our list is for Mooresville or Iredell County. The ones below are statewide in North Carolina: they work in Mooresville the same as in the rest of the state.

Which programs do I qualify for? All programs in North Carolina

  • NC Home Advantage Mortgage

    Statewide in North Carolina

    NCHFA fixed-rate mortgage with down payment assistance, for first-time buyers and for people who have owned a home before, in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Forgivable

    See the program Official page

  • NC 1st Home Advantage Down Payment

    Statewide in North Carolina

    A fixed amount of NCHFA down payment assistance for first-time buyers and veterans in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Type not stated

    See the program Official page

  • Community Partners Loan Pool (CPLP)

    Statewide in North Carolina

    NCHFA interest-free loan with deferred payments of up to 25% of the price (maximum $50,000) for the down payment of low- and moderate-income buyers in North Carolina; you apply through a member organization. Offered by North Carolina Housing Finance Agency (NCHFA).

    Deferred

    See the program Official page

Housing counselors near Mooresville

The HUD-approved agencies closest to the center of Mooresville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • The Safeguard Group - Housing & Debt Advisors

    240 N Main St, Mooresville · 1 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    800-673-6993-146

  • Community Foundations

    919 N Main Street, Suite 143A, Mooresville · 2 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (704) 799-7641

  • Ada Jenkins Families and Careers Development Center, Inc.

    212 Gamble St, Davidson · 6 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (704) 896-0471

Every agency in Iredell County All counseling agencies in North Carolina

Help in Spanish near Mooresville

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Mooresville

HUD’s record names them for Mooresville or Iredell County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

One other authority has an office in Iredell County: see the list Source: HUD

Cities

Other cities in Iredell County

These cities are also in Iredell County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Iredell County Housing in North Carolina

Nearby cities

The cities closest to Mooresville, with the typical home value.

Neighboring counties

If Iredell County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Mooresville.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Mooresville

Short answers with the numbers for Mooresville and all of Iredell County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Mooresville?

The typical home value in Mooresville is $390,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Iredell County it is $321,400.

How much does it cost to rent in Mooresville?

Typical rent in Mooresville is $1,626 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Iredell County is $1,429.

What is the FHA loan limit in Mooresville?

Mooresville uses the FHA limit for all of Iredell County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Mooresville?

The typical homeowner in Mooresville pays $3,381 a year, according to the U.S. Census Bureau. That is 0.86% of the home’s value; in Iredell County, the rate is 0.61%.

Where can I find free help to buy or rent in Mooresville?

There are 2 HUD-approved counseling agencies with an office in Iredell County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).