Mount Olive, AL

Buyer's market-20.7% YoY

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

Price drops:21.4%of listings
Sale-to-list:95.0%

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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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