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Mt. Olive, AL Real Estate


According to census data in the year 2000 there were 1,601 housing units in Mt. Olive.

Of those housing units, 1,049 were located in either urbanized areas or urban clusters, and 552 were located in what is classified as a rural area.

Homeownership rate in Mt. Olive is about 92.5%. Mt. Olive's vacancy rate, including seasonal lodging, is about 1.9%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Mt. Olive were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom1.20%
Two Bedrooms17.80%
Three Bedrooms68.80%
Four Bedrooms10.10%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1977
Median Value of occupied units$106,500
Median Price asked for vacant units$62,900

Rented Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1976

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.30%
Home Equity Loan9.40%
Simple Mortgage47.40%
Debt Free37.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%