Mount Olive, NC—28365
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Olive, NC
Mount Olive, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $127,000 | -6.6% |
| Single Family | $127,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $92,000 | -3.2% |
3 Bed | $181,000 | 0.6% |
4 Bed | $268,000 | 5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Olive, NC
As of July '25, Rentcast reports the average rent in Mount Olive, NC is $1,010, with a year-over-year rent change of -17.9%. Per bedroom, the median rent as of July '25 in Mount Olive, NC is studios: $250, 3-bedrooms: $1,390. The most common rental property sizes in Mount Olive, NC are 3-bedroom and 2-bedroom, accounting for 43.4% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,240 | $1,010 |
| Studio Rent | $250 | $250 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,390 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Olive, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Olive, NC is 25. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $219,000 | 13.0% |
Listing Count | 19 | -29.0% |
| Listings as % of Homes | 0.1% | -29.0% |
Days on Market | 25 | -14.0% |
Demographics — Mount Olive, NC
As of the latest ACS Survey released in 2023, Mount Olive, NC has a population of 15,000, which has decreased by -11.1% over the past 5 years. Mount Olive, NC is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,000 | -11.1% |
% Under 18 | 21.8% | -9.2% |
% Seniors | 19.8% | 28.6% |
% WFH | 1.9% | -51.3% |
% w/ College Degree | 16.2% | 11.7% |
As of the latest ACS Survey released in 2023, Mount Olive, NC is a predominantly white area, with 55.6% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Mount Olive, NC is hispanic, making up 20.1% of the population. Foreign-born residents account for 11.3% of the population in Mount Olive, NC, and this percentage has decreased by 27.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.6% | 4.1% |
% Black | 19.4% | -4.0% |
% Hispanic | 20.1% | -14.5% |
% Asian | 0.8% | 100.0% |
% Foreign Born | 11.3% | -27.1% |
Mortgage and Risk — Mount Olive, NC
According to HUD data as of 2023, there were 118 mortgage originations in Mount Olive, NC, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Mount Olive, NC. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Mount Olive, NC
Mount Olive, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 92 |
Total Units Section 8 | 72 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | -$40 | $1,300 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Mount Olive, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $127,000 |
| Median Household Income | $52,300 |