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Bankruptcy Homes in Mount Olive, NC

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Mount Olive, NC Foreclosures

How much do homes sell for in Mount Olive, NC?
The average home price is currently $197,937.
In Mount Olive, NC, how many homes are available?
There are currently 11 active home listings available in Mount Olive.
What’s the average rental cost in Mount Olive, NC?
The average rental price in Mount Olive is $843.
What is the most expensive home in Mount Olive?
The most expensive home sold in Mount Olive had a price of $33,586,208.
What is currently the cheapest priced home in Mount Olive, NC?
The cheapest home for sale in Mount Olive is priced at $8,527.

Living in Mount Olive, NC

Nestled in the heart of Wayne County, Mount Olive, NC is a charming town known for its rich heritage and welcoming community. It offers easy access to outdoor activities and a variety of local amenities, making it an ideal place for families and individuals seeking a small-town atmosphere. Mount Olive is particularly famous for its pickle production, adding a unique flavor to the local economy and culture.

Current Market Conditions in Mount Olive, NC

The current real estate market in Mount Olive, NC, is experiencing a moderate growth trend. With a mix of affordable housing options and charming properties, demand remains steady. Buyers are attracted to the town's family-friendly environment and community-driven lifestyle, which in turn helps maintain property value stability.

Over the past few years, Mount Olive has seen an increase in new construction and renovation projects, reflecting the growing interest in the area. The local job market is slowly improving, contributing to the overall economic uplift that supports the real estate market.

Home Value Estimator For Mount Olive, NC

There are currently 5,265 real estate properties in Mount Olive, NC, with a median automated valuation model (AVM) price of $153,484.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Olive, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mount Olive, NC, is $197,937.00, with the most expensive house in Mount Olive, NC, topping out at $33,586,208.00 and the cheapest home in Mount Olive, NC, clocking in at $8,527.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Olive, NC!

Rent Prices In Mount Olive, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Olive, NC, is on a rollercoaster ride. The average rent price in Mount Olive, NC, is $843.00. Indeed, when looking to rent in Mount Olive, NC, you can expect to pay as little as $400.00 or as much as $1,850.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Mount Olive, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mount Olive, NC Bankruptcy Homes

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