Mount Olive, NC is a town with a great housing market. According to the data, the median value for homes in the area is $101,500, which is less than the national median value of $338,100. This lower price point makes the area attractive for potential buyers. Additionally, over the past year the house appreciation rate has been higher than the national average at 16.91%, showing that this is a strong and growing housing market. With its attractive prices and excellent appreciation rate, Mount Olive, NC is an ideal place to invest in real estate.
The median home cost in Mount Olive is $101,500. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Mount Olive is up 19.9%.
Average Age of Homes
- The median age of Mount Olive real estate is 51 years old
The Rental Market in Mount Olive
- Renters make up 36.3% of the Mount Olive population
- 0.3% of houses and apartments in Mount Olive, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.