Home

Mt. Olivet, KY Real Estate


According to census data in the year 2000 there were 150 housing units in Mt. Olivet. This represents a 17.6% decline from 182 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 150 were located in what is classified as a rural area.

Homeownership rate in Mt. Olivet is about 51.4%. Mt. Olivet's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Mt. Olivet were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom16.70%
Two Bedrooms16%
Three Bedrooms47.30%
Four Bedrooms17.30%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1939
Median Value of occupied units$50,000
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1974
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan0%
Simple Mortgage32.80%
Debt Free64.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs11.6%