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 $87,407, lower than the Tennessee average of $218,916.
The average cost of rent is $747/mo in Mount Olive, primarily driven by the current value of real estate in the Mount Olive area. While nearly 77.36% of residents own their homes outright in Mount Olive, 16.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Olive is $3,444 per month. Households that rent pay about 21.69% of their income on rent here. Mount Olive's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Mount Zion, TN: higher priced homes
- Northcutts Cove, TN: less expensive homes
- Irving College, TN: higher priced homes
- Tarlton, TN: less expensive homes
- Viola, TN: equally priced homes
- Beersheba Springs, TN: less expensive homes
- Shellsford, TN: higher priced homes
- White Hill, TN: higher priced homes
- Altamont, TN: less expensive homes
- Hiawassee, TN: higher priced homes
Cities with Similar Populations
- Figg, KY: higher priced homes
- East Blythe, CA: higher priced homes
- East Randolph, VT: higher priced homes
- East Sheldon, VT: higher priced homes
- Easton, MN: higher priced homes
- Edgemont, AR: higher priced homes
- Eldred, IL: higher priced homes
- Eldred, NY: higher priced homes
- Elk Garden, VA: higher priced homes
- Ellington, NY: equally priced homes
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