Housing Prices in Mount Olive, AL

How much do homes in Mount Olive, AL cost?

Median List Price

$280,000

$157/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$9,000(-3.1%)

Key Takeaway

The list price of homes in Mount Olive has decreased by 3.1% since February.

Summary: The median home list price in Mount Olive was $280,000 in March 2024, down 3.1% from the previous month, and the median price per square foot was $157.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$154.9K
N/A
3 $291.4K$289.4K
-0.7%
4 $104.7K$259.9K
+148.2%
5+ -$309.6K
N/A

Summary: Mount Olive housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 148.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Graysville
0.0%
Gardendale
-2.7%
Mount Olive
-3.1%

Housing Supply in Mount Olive, AL

How many homes are available in Mount Olive, AL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
311+266.7%

Summary: The Mount Olive real estate market had 11 homes for sale in March 2024, a 266.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 26
+200.0%
4 11
0.0%
5+ 02
+100.0%

Summary: The Mount Olive housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Mount Olive, AL

How long does it take to sell a home in Mount Olive, AL?

Average Listing Age

Feb 2024Mar 2024CHANGE
41 Days25 Days-39.3%

Summary: Homes in Mount Olive had an average listing age of 25 days in Mar 2024, down by 39.3% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Mount Olive, AL

Nearby Markets to Mount Olive, AL

What housing markets are near Mount Olive, AL?