Mount Olive, MS is a small town with a population of around 5,000 people and is located in the northern part of Mississippi. The median value of housing in Mount Olive is $108,200 which is significantly lower than the US median house value of $338,100. Despite this difference in cost, Mount Olive has seen an impressive 16.65% increase in housing appreciation over the past year while the US average was 8.27%. This suggests that investing in real estate property in Mount Olive may be a wise decision due to the strong market growth and low cost of entry.
The median home cost in Mount Olive is $108,200. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Mount Olive is up 15.2%.
Average Age of Homes
- The median age of Mount Olive real estate is 41 years old
The Rental Market in Mount Olive
- Renters make up 36.7% of the Mount Olive population
- 8.9% 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.