Is Mocksville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mocksville has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $130K | +44.4% |
2 Bedrooms | $180K | $179.9K | -0.1% |
3 Bedrooms | $245K | $270K | +10.2% |
4 Bedrooms | $309.4K | $315K | +1.8% |
5+ Bedrooms | $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 | $256.4K | $263.6K | +2.8% |
Mocksville Township | $258.4K | $264K | +2.1% |
Housing Supply in Mocksville, NC
How many homes are available in Mocksville, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
114 | 122 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 60 | 55 | -8.3% |
4 Bedrooms | 43 | 49 | +14.0% |
5+ Bedrooms | 2 | 4 | +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 2024 | May 2024 | CHANGE |
---|---|---|
23 | 30 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 37 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
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.