Mount Olive, AL Home Values & Market Trends

Real estate market trends reflect that there have been 159 transactions over the past year in Mount Olive. The median value for residential home transactions that occurred over the previous year is $253,732.67. The number of current listings in Mount Olive is 6, and the percentage of properties for sale in the city is 85.71%. Mount Olive, AL currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 6 properties for sale.

Housing Market Summary for Mount Olive, AL

Apr 2022April 2023Change
Median Listing Price$234.9K$218.9K-6.83%
Median Sold Price$216K$218.9K1.34%
Homes For Sale105-50.00%
Homes Sold6831-54.41%
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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%.

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Browse Homes in Mount Olive, AL

Mount Olive home values range from $23,870 to $1,195,572. The median estimated value of a home in Mount Olive is $253,732.67. The median list price of a home is 199,850, and the total count of properties in the city is 2,221.

Foreclosure
There is 1 zips within Mount Olive, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $176,071 in 35117 to the lowest value of $176,071 in 35117. Foreclosure homes account for 0.00% of properties in Mount Olive, AL with 35117 containing 1 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 1 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 0.05% 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 $176,071 in 35117 to the lowest value of $176,071 in $35117.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in Mount Olive, AL with 35117 containing 6 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 $397,581 in 35117 to the lowest value of $196,523 in 35117.
    Sold Homes
    The median value for recently sold homes ranges from $800,000 in 35117 to the lowest price of $91,450 in 35117. There is 1 zips within Mount Olive, AL. 35117 has 31 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.40% of properties in Mount Olive, AL.

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