The housing market in Mooresboro continues to see strong price appreciation, with values up 1127.3% compared to last year. The median home price of $270,000 represents a substantial 1127.3% increase from this time last year. With 3.0 months of supply, Mooresboro's inventory levels remain relatively tight. Homes are taking about 62 days to sell, which is 13 days longer than this time last year. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Mooresboro market with the affordability index at 5869.6. Based on current market indicators, home prices in Mooresboro are projected to decrease by approximately 16.1% over the next month.