Mount Olive, AL
Housing market overview · Updated weekly
$230,000median sale price
Homes sold
7
Last 12 weeks
Days on market
97
Average pace
Active listings
28
4.0 months supply
Sale-to-list
95.0%
Below asking
The Mount Olive housing market is currently classified as a buyer's market with a median sale price of $230,000. Prices have fallen 20.7% compared to last year, with homes spending an average of 97 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Mount Olive
There are currently 28 homes listed for sale in Mount Olive, Alabama. The median listing price is $239K.
Active listings
28
Homes on market
Median list price
$239K
Avg. days on market
97
Days until sale
New this week
13
Newly listed
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Frequently asked questions
What is the average home price in Mount Olive?
The median home sale price in Mount Olive is $230,000, down 20.7% from last year.
How long do homes stay on market in Mount Olive?
Homes typically spend 97 days on market before going under contract.
Is Mount Olive a buyer's or seller's market?
With 4.0 months of supply, Mount Olive is currently a buyer's market.
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