Mount Olive, AL Home Values & Market Trends

Real estate market trends reflect that there have been 89 transactions over the past year in Mount Olive. The median value for residential home transactions that occurred over the previous year is $243,819.8. The number of current listings in Mount Olive is 10, and the percentage of properties for sale in the city is 10.00%. Mount Olive, AL currently has 5 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 10 properties for sale.

Mount Olive, AL Real Estate Market Overview

ZipMedian Est. Value
35117

$ 258,621

$ 177/sqft

Housing Market Summary for Mount Olive, AL

Apr 2023March 2024Change
Median Listing Price$208.7K$204.7K-1.92%
Median Sold Price$218.9K$204.7K-6.49%
Homes For Sale510100.00%
Homes Sold313925.81%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Mount Olive, AL

Mount Olive home values range from $23,240 to $1,287,876. The median estimated value of a home in Mount Olive is $243,819.8. The median list price of a home is 259,900, and the total count of properties in the city is 2,166.

Foreclosure
There is 1 zips within Mount Olive, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $250,750 in 35117 to the lowest value of $70,000 in 35117. Foreclosure homes account for 0.00% of properties in Mount Olive, AL with 35117 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mount Olive, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mount Olive, AL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mount Olive, AL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mount Olive, AL. There is 1 zips within Mount Olive, AL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35117 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Olive, AL. Auction homes and other auction properties account for 0.23% of all properties in Mount Olive, AL. There is 1 zips within Mount Olive, AL; of that zips, the median estimated home value for homes going to auction ranges from $250,750 in 35117 to the lowest value of $70,000 in 35117.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.46% of residential properties in Mount Olive, AL with 35117 containing 10 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mount Olive, AL; homes for sale in that zips, have a range of median values from $425,000 in 35117 to the lowest value of $188,708 in 35117.
    Sold Homes
    The median value for recently sold homes ranges from $603,007 in 35117 to the lowest price of $61,185 in 35117. There is 1 zips within Mount Olive, AL. 35117 has 38 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.75% of properties in Mount Olive, AL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Mount Olive, AL
      $
      $

      Guide for Mount Olive, AL

      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Mount Olive, AL

      No data to show