28115, Mooresville, NC

Mooresville, NC is a city located in the Charlotte metropolitan area. The population of Mooresville was 116,851 as of the 2010 census. The 28115 zip code encompasses much of Mooresville and includes a mix of residential and commercial properties. Home equity is an important factor for many homeowners in this area, as home prices have increased significantly over the past several years.

According to Zillow, the median home value in the 28115 zip code was $205,000 as of September 2017. This represents an increase of over 50% from the median home value of $129,500 recorded in September 2013. In addition, Zillow reports that the average monthly mortgage payment for homes in this zip code was $1,521 in September 2017. This indicates that homeowners are able to afford relatively high mortgage payments given current market conditions.

While home values have increased significantly in this area over recent years, there are still some areas where prices are lower than average. For example, homes located near major highways or within desirable neighborhoods tend to be more expensive than those located closer to residential areas or commercial districts. Additionally, while most homes in this area are owner-occupied, there is a significant number of rental properties available as well.