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Mt. Olive, NC Real Estate


According to census data in the year 2000 there were 2,041 housing units in Mt. Olive. This represents a 10.1% growth from 1,853 in 1990.

Of those housing units, 2,041 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mt. Olive is about 58.1%. Mt. Olive's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Mt. Olive were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom8.40%
Two Bedrooms26.80%
Three Bedrooms52.80%
Four Bedrooms9.30%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1959
Median Value of occupied units$72,400
Median Price asked for vacant units$34,500

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1972
Median Monthly Rent asked for vacant units$296

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.40%
Home Equity Loan6%
Simple Mortgage38.10%
Debt Free48.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%