Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Olive area can be challenging. Home prices in Mount Olive are now at a median cost of $99,487, lower than the Illinois average of $242,002.
The average cost of rent is $707/mo in Mount Olive, primarily driven by the current value of real estate in the Mount Olive area. While nearly 48.28% of residents own their homes outright in Mount Olive, 20.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Olive is $4,631 per month. Households that rent pay about 15.27% of their income on rent here. Mount Olive's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Lake Ka-ho, IL: less expensive homes
- White City, IL: higher priced homes
- Sawyerville, IL: less expensive homes
- Eagarville, IL: less expensive homes
- Benld, IL: less expensive homes
- Staunton, IL: higher priced homes
- Mount Clare, IL: less expensive homes
- Walshville, IL: higher priced homes
- Gillespie, IL: equally priced homes
- Williamson, IL: higher priced homes
Cities with Similar Populations
- Siletz, OR: higher priced homes
- Montour Falls, NY: higher priced homes
- Morristown, IN: higher priced homes
- Pedricktown, NJ: higher priced homes
- Poland, OH: higher priced homes
- Port Royal, PA: higher priced homes
- Port Sulphur, LA: higher priced homes
- Portville, NY: equally priced homes
- Pownal, VT: higher priced homes
- Reedsville, WV: higher priced homes
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