Mount Olive, MS—39119
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Olive, MS
As of Oct '25, the median home price in Mount Olive, MS is $131,000, with a year-over-year change of -4.1%. This indicates that home prices in Mount Olive, MS are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $131,000 | -4.1% |
| Single Family | $131,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Olive, MS
Mount Olive, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Olive, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Olive, MS is 49. This is a decrease of -17.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $145,000 | -4.0% |
Listing Count | 6 | -26.0% |
| Listings as % of Homes | 0.3% | -26.0% |
Days on Market | 49 | -17.0% |
Demographics — Mount Olive, MS
As of the latest ACS Survey released in 2023, Mount Olive, MS has a population of 6,200, which has increased by 22.2% over the past 5 years. Mount Olive, MS is a popular place for families, as children make up 32.6% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,200 | 22.2% |
% Under 18 | 32.6% | 54.5% |
% Seniors | 11.6% | -36.6% |
% WFH | 4.5% | 60.7% |
% w/ College Degree | 19.4% | 22.8% |
As of the latest ACS Survey released in 2023, Mount Olive, MS is a predominantly black area, with 50.2% of the population identifying as black. The black population has grown by 33.9% in the last 5 years. The second most common race or ethnicity in Mount Olive, MS is white, making up 46.2% of the population. Foreign-born residents account for 0.2% of the population in Mount Olive, MS, and this percentage has decreased by 66.7% 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 | 46.2% | -24.1% |
% Black | 50.2% | 33.9% |
% Hispanic | 1.8% | 260.0% |
% Asian | 0.1% | -75.0% |
% Foreign Born | 0.2% | -66.7% |
Mortgage and Risk — Mount Olive, MS
According to HUD data as of 2023, there were 40 mortgage originations in Mount Olive, MS, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Mount Olive, MS. Investor activity is low, as 7.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Mount Olive, MS
Mount Olive, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Mount Olive, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $131,000 |
| Median Household Income | $62,500 |