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Saturday, December 18, 2021

Your Mooresville NC Real Estate Questions Answered

Photos of Lake Norman and Mooresville North Carolina

Your Mooresville, NC Real Estate Questions Answered

Welcome to Mooresville, North Carolina, a suburb of Charlotte and one of the best places to live in Iredell County. Evaluation website Niche.com ranks Mooresville highly for public schools, job opportunities, housing, and nightlife. Clearly, Mooresville has something going to draw people to the town.

Mooresville is a growing community that offers lakefront living and developed suburban communities. If you’re interested in learning more about the Mooresville real estate market, we have you covered. 

What is the average price of a home in Mooresville, NC?

Data on Mooresville real estate from EZHomeSearch in December 2021 found 406 homes available for a median list price of $484,785. The average price per square foot was $218.19. Homes were on the market for an average of 99 days. The least expensive listing was $89,000 in Wildwood Acres for a 1,000 sqft 2-bedroom mobile home. The highest-priced listing on the market was a 4,500 sqft 3-bedroom, 4.5-bathroom waterfront home for $3.7 million.

Looking at the historical trends for Mooresville from data reported in October 2021, Mooresville median prices have been steadily rising since 2014. Sharper increases began in January 2020, with the median price exceeding the $350,000 benchmark in January 2021. In the October report, the median sales price was $409,380.

Are there any condos or townhomes available in Mooresville, NC? 

Yes, you can find a condo or townhome in Mooresville. Our December 2021 market data had 22 available properties. At the low end was a 1,100 sqft 2-bedroom 2.5-bath condominium in Woodward Crossing for $192,900. The high-end was a 1,600 sqft 2-bedroom, 2.5-bath townhouse in Morrison Plantation for $380,000. 

Some areas to look for condo or townhome living would be Emerald Green, Pier 33, Johnson Manor, Morrison Plantation, Cypress Landing, Waterlynn Grove, Meeting Street Townhomes, Northgate Off Main, Sunridge Place, Sherman Oaks, Woodburn Crossing, and Brookhaven. A local real estate expert can also direct you to more places where you can find a condo or townhome in Mooresville. 

What is the property tax rate for Mooresville, NC?

North Carolina property taxes are charged and administered by the counties. Iredell County charges a $0.5375 per $100 valuation property tax rate. If you live in Mooresville city limits, there is a $0.58 property tax rate for a combined 1.1175 mils. There is an additional $0.16 property tax rate in downtown Mooresville for a combined effective tax rate of 1.2775 mils. 

What county is Mooresville, NC in?

Mooresville is located in Iredell County. Residents are about a 35-minute drive to Charlotte, North Carolina, in Mecklenburg County. When you live here, you escape the urban fast-paced city life but are still close enough to enjoy professional sporting events, touring music acts, and festivals. 

Iredell County residents benefit from two major interstates that provide excellent accessibility. It is between two major cities: Charlotte to the south and Winston-Salem to the northeast. Mooresville residents are closer to Charlotte.

The cost of living here is relatively affordable, especially when considering the amount of waterfront real estate and housing prices. At the same time, Iredell residents have access to a great school system, the arts, culture, and outdoor recreation.

Is Mooresville, NC growing?

Data from the US Census shows 50,193 residents in Mooresville during April 2020. The town experienced significant growth from 2010, when it had 32,711 residents. Essentially, it gained over 17,000 new residents for a 35% growth in its local population.

Iredell County is projected to grow by 13% from 2020 to 2030. It is likely much of the growth will be near and around Mooresville.

Mooresville was attracting people during 2020 seeking to escape the dense urban environment. Its location on the shores of Lake Norman but still close to Charlotte made it the perfect place to uproot the family and set up home. 

What neighborhoods are in Mooresville, NC?

When you’re looking at real estate, you have many different neighborhoods to check out in Mooresville. You have everything from lakefront living to a downtown urban lifestyle. 

Bay Crossing has custom homes built on larger lots. It’s also a waterfront neighborhood.

Bells Crossing is a new construction community just minutes from Lake Norman access and public boat ramps. It is on the north side of Lake Norman and has amenities like a clubhouse, pool, tennis, basketball courts, and a playground for the kids.

Bridgeport is on the Langtree peninsula. Its location reduces the amount of traffic, giving the neighborhood a charming feeling. There are homes directly on the water here. The community also has a tennis court, a picnic field, secure boat parking, a pool, and more. 

Mayhew is a suburban neighborhood made up of single-family homes, primarily on the larger side regarding the number of bedrooms and square footage. Many homes here were built after 1970.

At Watertree Landing, residents can have a water view and live on wooded lots of about a half-acre or more. Community amenities include a swimming pool and a clubhouse.

Are there any waterfront properties found in Mooresville, NC? 

Yes, you will find waterfront living in Mooresville. The town is situated on the expansive Lake Norman, which has over 520 miles of shoreline. It’s the largest lake in the state and is known for great fishing, lakeside beaches, boating, and other forms of recreation. 

You will find ample opportunities for waterfront living in and near Mooresville. The Langtree Peninsula is home to several gated, luxury waterfront communities. You’ll also find neighborhoods with boat slips and private marinas. 

One of the communities you can check out is Alexander Island, a gated waterfront community with views of Lake Norman. Find more waterfront property in Bridgeport, The Point, Harbor at the Point, Winslow Point, The Cove at Chesapeake Pointe, Monterey Landing, and Grand Bay.

A local real estate expert can direct you to the precise kind of waterfront property you are looking for within your price point. 

How is golf in Mooresville, NC?

If you enjoy the fairways, you have choices in Mooresville. The most well-known is the Trump National Golf Club-Charlotte on the Langtree peninsula. Here you will be treated to excellent views of Lake Norman as you work your way through the 18 holes. 

The Mooresville Golf Course is a public course right near the town’s downtown area. The Mallard Head Country Club is a championship course to the west of Mooresville, right outside the city limits. It also has views of Lake Norman.

Are there golf course communities in Mooresville, NC? 

You can have the best of two worlds living in Mooresville. There are golf course communities that offer water views or lakefront living. Two primary places for you to check out real estate would be The Point and Mallard Head. 

All owners in The Point are at least social members of Trump National Golf Club Charlotte, as it is directly in their neighborhood. The neighborhood is also made up of individual villages to create a friendly neighborhood feeling. 

What areas are near Mooresville, NC?

The most significant attraction in Mooresville is the expansive Lake Norman. It attracts people looking for a waterfront lifestyle with the amenities of North Carolina.

If you continue south on Interstate 77, you enter the Charlotte suburbs of Davidson and Huntersville. Continuing onward, you arrive in Charlotte. Some residents can be in this major city in around half an hour’s drive.

More Charlotte suburbs and cities like Concord and Kannapolis are slightly to the east. These are racing centers in North Carolina with major NASCAR speedways. 

What to know about living in Mooresville, NC

However you slice it, you’ll find your paradise in Mooresville. There are some wonderful neighborhoods to find the perfect lifestyle for you and your family. You are close to excellent waterfront outdoor amenities, dining, and modern conveniences. You can work right in Iredell County or choose to commute into Charlotte.

If you have any other questions about Mooresville real estate, let us find the answer

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Preston Guyton

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