Mooresville NC Real Estate FAQs: Your Questions Answered
Considering a move to Mooresville, NC, or already a resident with real estate questions about this “Race City USA” on Lake Norman? This comprehensive guide provides clear and concise answers to frequently asked questions about living in Mooresville, its housing market, NASCAR roots, and more. Our goal is to equip you with the knowledge you need to make informed decisions in the Mooresville real estate market.
Mooresville, NC, like other desirable Lake Norman communities, has a cost of living that is generally higher than the national average. Housing costs are the biggest factor, with median home prices reflecting its popularity. While not as high as some parts of Charlotte, its excellent amenities, proximity to the lake, and strong job market contribute to its premium cost compared to more rural areas in North Carolina. Utilities and transportation costs are typically in line with state averages.
As of May 2025, the Mooresville, NC, housing market is considered a **balanced market**, with supply and demand being relatively even. The median listing home price was approximately **$575,000**, trending up 9% year-over-year. Homes typically sell after **44 days on the market**. While still competitive, about 1.56% of homes sold below asking price on average in May 2025, indicating potential for negotiation. Inventory levels have seen fluctuations, but the market continues to attract strong buyer interest.
Mooresville offers a wide array of desirable neighborhoods, catering to various lifestyles. Some of the most sought-after include **The Point** (luxury, lakefront, golf community), **Morrison Plantation** (master-planned, amenities, diverse housing), and **Waterlynn** (family-friendly, community amenities). Other popular areas include Winslow Bay, Fernbrook, and Lake Norman Cove. Many neighborhoods offer access to Lake Norman, community pools, and green spaces. Our local experts can help you explore these diverse options.
Mooresville can be an excellent place to retire, especially for those who enjoy a lively lake community with a strong sense of community and recreational opportunities. Its amenities, proximity to Lake Norman, and relatively mild climate are appealing. While housing costs are higher than some other retirement spots, the quality of life, access to healthcare, and active adult communities (like The Courtyards at Blume Point) make it a popular choice for many retirees.
Mooresville is served by both Mooresville Graded School District (MGSD) and Iredell-Statesville Schools, and is known for several highly-rated public and charter schools. Schools like The Brawley School, Pine Lake Preparatory (charter), and Lake Norman High School often receive strong ratings for academic performance and student outcomes. Families frequently choose Mooresville for its strong educational offerings and diverse school options, contributing to the town’s family-friendly reputation.
The commute from Mooresville to Uptown Charlotte typically ranges from **35 to 50 minutes**, primarily along I-77. During peak rush hours, this can extend to over an hour due to congestion. Many residents utilize express lanes or carpool options to manage traffic. Public transportation via express bus services (CATS) is available, offering an alternative for direct commutes into Charlotte’s urban core and connecting key areas within the region.
Mooresville is a diverse and rapidly growing town. According to recent U.S. Census Bureau estimates, its racial and ethnic composition is approximately: White (72%), Black (11%), Hispanic (7%), Asian (5%), and Two or more races (4%). The median age is around 39 years, reflecting a mix of young professionals, families, and retirees. It’s known for its welcoming community and continuous population growth.
Mooresville is legally classified as a **town** in Iredell County, North Carolina. Despite its significant population size and its role as a hub for the motorsports industry and a major Lake Norman community, it maintains its official designation as a town. This status contributes to its unique blend of small-town feel with extensive amenities.
Mooresville is famously known as “Race City USA” due to its heavy concentration of NASCAR and other motorsports teams, manufacturers, and related businesses. This industry provides a significant economic boost, creating numerous jobs in engineering, manufacturing, logistics, and support services. It also attracts tourism and specialized talent, contributing to the town’s unique identity and economic vitality beyond traditional sectors.
Mooresville features a wide variety of housing types, reflecting its diverse communities and prime Lake Norman location. You’ll find a mix of single-family homes, ranging from traditional suburban houses in planned developments to luxury lakefront estates. Townhouses and condos are also common, particularly in areas near the lake or commercial centers. Architectural styles vary, but often include traditional, craftsman, and contemporary designs, catering to a broad range of preferences and budgets.
Yes, Mooresville continues to be a very active area for new construction. Developers are building numerous new single-family homes, townhouses, and even some custom luxury homes across various communities. These new developments often feature modern designs, energy-efficient features, and comprehensive community amenities like pools, clubhouses, and greenways. New construction provides an appealing option for buyers looking for brand-new homes with contemporary styles.
Mooresville offers abundant recreational activities, largely centered around **Lake Norman** for boating, fishing, and watersports. The town boasts numerous parks, greenways, and public access points to the lake. The significant motorsports presence provides unique attractions like the North Carolina Auto Racing Hall of Fame and various race shops. Community events, local festivals, and diverse dining and shopping options further enhance the quality of life and entertainment available to residents.
Property taxes in Mooresville are determined by both the Town of Mooresville tax rate and the Iredell County tax rate. As of recent years, the Mooresville town tax rate has been around $0.50 per $100 of assessed value, and the Iredell County tax rate around $0.615 per $100. For an average-priced home around $575,000, annual property taxes could be approximately $6,400. Rates can change, so always verify current figures with the respective tax assessor’s offices.
Mooresville offers a high quality of life, blending its unique motorsports culture with the serene beauty of Lake Norman. It features excellent schools, diverse housing options, and abundant recreational activities. The town boasts a strong sense of community, a growing economy, and a balance of suburban convenience with small-town charm. Its popularity is a testament to the appealing lifestyle it provides for families, young professionals, and retirees.
As of May 2025, the median listing home price in Mooresville, NC, was approximately **$575,000**. This figure reflects its desirable Lake Norman location and amenities. Home prices can fluctuate based on specific neighborhoods, home features, and overall market conditions. For the most current and precise averages in particular areas, consulting with a local real estate agent is highly recommended.
Mooresville, Huntersville, and Cornelius are all prominent Lake Norman communities, each with distinct characteristics. Mooresville is uniquely defined by its motorsports industry and larger footprint. Huntersville offers a more traditional suburban feel with extensive retail. Cornelius often has more high-end lakefront properties and a slightly more urbanized lakeside environment. Mooresville often provides slightly more affordable housing than parts of Huntersville or Cornelius, while still offering excellent Lake Norman access and amenities.
Many newer developments and planned communities in Mooresville have Homeowners Associations (HOAs). HOAs manage common areas like pools, clubhouses, and landscaping, and enforce community rules (CC&Rs). Fees vary widely depending on the amenities offered. While HOAs help maintain property values and community standards, buyers should always review HOA documents, rules, and fees carefully before purchasing a property in an HOA-governed neighborhood.
Yes, Mooresville is a hub for NASCAR and motorsports, offering direct job opportunities in this industry. Roles include engineers, mechanics, fabricators, pit crew members, administrative staff for racing teams, and positions within motorsports-related manufacturing companies. The concentration of race shops and associated businesses creates a unique job market for those with specialized skills and an interest in the industry.
Mooresville offers a high quality of life, balancing its unique identity as “Race City USA” with a desirable Lake Norman lifestyle. Residents benefit from strong schools, diverse housing options, and abundant recreational activities both on and off the lake. The town boasts a strong sense of community, a growing economy, and a mix of suburban convenience with a welcoming small-town atmosphere. Its popularity reflects the appealing lifestyle it provides for families, young professionals, and retirees.
Mooresville, NC Utility Information & Contacts
Here’s a comprehensive list of essential utility providers to help you get settled quickly. We’ve compiled contact information, addresses, clickable phone numbers and direct website links for your convenience.
Utility Providers
Phone: 800-777-9898 (Customer Service)
Website: Duke Energy Website
Address: (No public service center in Mooresville. Manage online or by phone.)
Phone: 877-776-2427 (Customer Service)
Website: Dominion Energy North Carolina
Address: (No public service center in Mooresville. Manage online or by phone.)
Phone: 704-664-3259 (Sanitation Department)
Website: Town of Mooresville Sanitation & Recycling
Address: 220 N Main St, Mooresville, NC 28115 (Town Hall)
Spectrum
Phone: 1-855-243-8892
Website: Spectrum Website
AT&T
Phone: 1-800-288-2020
Website: AT&T Website
Google Fiber (Limited Availability)
Website: Google Fiber Charlotte (serving some Mooresville areas)
Note: Internet, TV, and Phone provider availability can vary by specific address. We recommend checking directly with providers for service in your new home.