Much like nearby areas, it's significantly less expensive compared to the United States as a whole. Compared to the city of Charlotte, it is substantially less expensive.
Home prices
The median home cost in Mooresboro is $115,600. In comparison to the surrounding areas it is roughly $3,100 (2%) higher.It is approximately $101,900 (46%) lower compared to the rest of the country, and it is about $104,700 (47%) lower compared to the city of Charlotte.
Rents
The median monthly rent in Mooresboro is $575. It is roughly $95 (14%) lower compared to other places in this area.Compared to the United States as a whole it is approximately $487 (45%) lower, and is about $560 (49%) lower in comparison to the city of Charlotte.
Nearby places
Lattimore
Lattimore is roughly 2 miles northeast from Mooresboro. Its housing prices are somewhat less expensive. The median home in Lattimore is valued at $99,400, which comes out to $16,200 (16%) lower than Mooresboro. Rent there is somewhat more expensive. Lattimore's median rent is $625 per month, which works out to $50 (7%) higher than Mooresboro.
Boiling Springs
Boiling Springs is about 3 miles southeast from Mooresboro. Real estate prices there are substantially more expensive. The median home price in Boiling Springs is $183,600, which is $68,000 (37%) higher than Mooresboro. Rents there are a little more expensive. Boiling Springs's median monthly rent is $635, which works out to $60 (9%) higher than Mooresboro.
Ellenboro
Ellenboro is roughly 3 miles northwest from Mooresboro. Real estate prices there are significantly less expensive. The median home in Ellenboro is valued at $76,900, which comes out to $38,700 (50%) lower than Mooresboro. Rent there is a little more expensive. The median monthly rent in Ellenboro is $715, which works out to $140 (19%) higher than Mooresboro.
Kingstown
Kingstown is about 5 miles northeast of Mooresboro. Its housing prices are a lot less expensive. The cost of the median home in Kingstown is $83,300, which comes out to $32,300 (38%) lower than Mooresboro. The rent there is a little more expensive. The median monthly rent in Kingstown is $668, which works out to $93 (13%) higher than Mooresboro.
Shelby
Shelby is roughly 7 miles east of Mooresboro. The real estate prices there are pretty similar. The median home in Shelby costs $119,300, which works out to $3,700 (3%) higher than Mooresboro. Rents there are somewhat more expensive. In Shelby the median rent is $707 per month, which is $132 (18%) higher than Mooresboro.
