Is Mocksville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mocksville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Mocksville has remained a Seller's Market.

Key Takeaway

Mocksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mocksville, NC

How much do homes in Mocksville, NC cost?

Median Sold Price

$263,608

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$7,124(+2.8%)

Key Takeaway

Homes in Mocksville have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Mocksville was $263,608 in May 2024, up 2.8% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $90K$130K
+44.4%
2 $180K$179.9K
-0.1%
3 $245K$270K
+10.2%
4 $309.4K$315K
+1.8%
5+ $307.4K$450K
+46.4%

Summary: Mocksville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.4%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 46.4%.

Median Sold Price Compared To Nearby Cities

Mocksville
+2.8%
Mocksville Township
+2.1%

Housing Supply in Mocksville, NC

How many homes are available in Mocksville, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
114122+7.0%

Summary: The Mocksville real estate market had 122 homes for sale in May 2024, a 7.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 913
+44.4%
3 6055
-8.3%
4 4349
+14.0%
5+ 24
+100.0%

Summary: The Mocksville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2330+30.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mocksville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Mocksville in May 2024, up by 30.4% month-over-month. Of the 30 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.

Days on Market for Mocksville, NC

How long does it take to sell a home in Mocksville, NC?

Average Sale Time

May 2023May 2024CHANGE
43 Days37 Days-13.4%

Summary: Homes in Mocksville had an average of 37 days on market in May 2024, down by 13.4% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mocksville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 30 homes were sold in Mocksville; 57% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Mocksville, NC

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