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Affordable
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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 $92,700, lower than the West Virginia average of $177,366.
The average cost of rent is $852/mo in Mount Olive, primarily driven by the current value of real estate in the Mount Olive area. In Mount Olive, 40.30% of households rent, and 65.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Olive is $6,685 per month. Households that rent pay about 12.75% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carbondale, WV: equally priced homes
- Dixie, WV: less expensive homes
- Belva, WV: less expensive homes
- Cannelton, WV: less expensive homes
- Pond Gap, WV: less expensive homes
- Jodie, WV: equally priced homes
- Gauley Bridge, WV: equally priced homes
- Smithers, WV: less expensive homes
- Glen Ferris, WV: equally priced homes
- Lizemores, WV: higher priced homes
Cities with Similar Populations
- Zion Grove, PA: higher priced homes
- Westminster, VT: higher priced homes
- Wheeler, IN: higher priced homes
- Whitaker, PA: equally priced homes
- White Heath, IL: higher priced homes
- Williamsburg, KS: higher priced homes
- Williamsville, MO: higher priced homes
- Williamsville, MS: higher priced homes
- Como, NC: higher priced homes
- Wishek, ND: equally priced homes
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