Zip 35117 (Mount Olive, AL) Housing

The housing market in 35117 Mount Olive, AL is thriving. The median value of homes in that area is $221,100, which is much lower than the US median value of $338,100. Despite the lower median value, the 1 year appreciation rate for homes in that area is 12.10%, significantly higher than the US average of 8.27%. This suggests that the housing market in Mount Olive is growing quickly and could be a great investment opportunity for potential homeowners.

The median home cost in Mount Olive (zip 35117) is $221,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Mount Olive (zip 35117) is up 18.4%.

Average Age of Homes

- The median age of Mount Olive (zip 35117) real estate is 35 years old

The Rental Market in Mount Olive (zip 35117)

- Renters make up 11.0% of the Mount Olive (zip 35117) population
- 0.0% of houses and apartments in Mount Olive (zip 35117), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mount Olive, Alabama	United States
	2,522.0	139,647,020.0
	31	42
	$221,100	$338,100
	18.4%	16.6%
	54.7%	57.0%
	73.2%	101.1%
	$5.62	$10.98
	$934	$2,690
	83.7%	57.4%
	9.8%	11.2%
	6.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	1.0%	2.4%
	1.5%	2.8%
	2.2%	3.9%
	7.1%	4.5%
	22.0%	11.3%
	36.9%	13.0%
	22.0%	20.1%
	6.1%	13.6%
	0.2%	8.3%
	0.0%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.8%	13.6%
	26.8%	13.6%
	20.1%	13.6%
	14.2%	13.2%
	9.8%	14.8%
	20.1%	13.6%
	9.8%	10.0%
	3.5%	4.7%
	5.2%	12.2%

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