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Preforeclosure 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 3 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

Mount Olive, NC is a quaint town with a rich agricultural background, famous for its pickles. The community is welcoming, with a mix of local shops and outdoor activities, making it ideal for families and individuals alike. With a strong community spirit and several annual events, Mount Olive offers a great quality of life.

Current Market Conditions in Mount Olive, NC

The real estate market in Mount Olive is currently seeing a steady increase in demand as more families look for affordable housing options within commuting distance of larger cities. This demand is driving prices upward, although they remain comparatively low due to the town's rural nature.

Investment opportunities are rising, especially for rental properties, as the population expands and the local economy grows. The market caters to first-time buyers and those seeking a peaceful lifestyle away from urban hustle, contributing to the stability of property values.

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 Preforeclosure Homes


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