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Foreclosure Homes in Mount Olive, MS

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View this home at S Main St Mount Olive MS 39119
Preforeclosure
$90,520 EMV

| 1 Bath | 2,410 Sq. Ft.

View this home at Jaynesville Rd Mount Olive MS 39119
Bankruptcy
$68,115 EMV

| 1,216 Sq. Ft.

View this home at Chatman Ln Mount Olive MS 39119
Bankruptcy
View this home at Scr 57a Mount Olive MS 39119
Bankruptcy
View this home at Pleasant Hill Rd Mount Olive MS 39119
Bankruptcy

| 1 Bath | 840 Sq. Ft.

View this home at Seymour Dr Mount Olive MS 39119
Bankruptcy
View this home at Gray Garner Rd Mount Olive MS 39119
Bankruptcy
View this home at S Main St Mount Olive MS 39119
Bankruptcy
View this home at Garner Rd Mount Olive MS 39119
Bankruptcy
View this home at Lily Valley Church Mount Olive MS 39119
Bankruptcy
Displaying 1 - 10 of 14

Mount Olive, MS Foreclosures

How much do homes sell for in Mount Olive, MS?
The average home price is currently $163,734.
In Mount Olive, MS, how many homes are available?
There are currently 1,441 active home listings available in Mount Olive.
What’s the average rental cost in Mount Olive, MS?
The average rental price in Mount Olive is $1,086.
What is the most expensive home in Mount Olive, Mississippi?
The most expensive home sold in Mount Olive had a price of $2,318,000.
What is currently the cheapest priced home in Mount Olive, MS?
The cheapest home for sale in Mount Olive is priced at $12,200.

Home Value Estimator For Mount Olive, MS

There are currently 1,441 real estate properties in Mount Olive, MS, with a median automated valuation model (AVM) price of $125,906.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Olive, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mount Olive, MS, is $163,734.00, with the most expensive house in Mount Olive, MS, topping out at $2,318,000.00 and the cheapest home in Mount Olive, MS, clocking in at $12,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Olive, MS!


Rent Prices In Mount Olive, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Olive, MS, is on a rollercoaster ride. The average rent price in Mount Olive, MS, is $1,086.00. Indeed, when looking to rent in Mount Olive, MS, you can expect to pay as little as $600.00 or as much as $2,420.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Mount Olive, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Mount Olive, MS In 2024

Mount Olive is located in Covington, Mississippi, with an estimated municipal population of 912 residents. All of the best foreclosed homes for sale in Mount Olive are located in the following zip code areas on Foreclosure.com: 39119. The estimated population per square kilometer (.62 miles) in Mount Olive is 113.


Cost Of Living In Mount Olive, MS

So, about how much do homes cost in Mount Olive? The most recent median value of resident-owned homes in Mount Olive is 79,765. An estimated 62 percent of households in Mount Olive own their homes, with an average family size of 3.55. The median household income in Mount Olive is 47,679, with11.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mount Olive, the median commute time of resident workers (in minutes) is 22.4. And last, but certainly not least, are you looking for homes to rent in Mount Olive? If so, the average rent price paid by renters in Mount Olive is 572, according to recent statistics.


Diversity And Demographics In Mount Olive, Mississippi

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Mount Olive, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Mount Olive is 31.7, split between 37.5 percent male versus 62.5 female. The percentage of residents who report being married in Mount Olive is 38.2, with an average family size of 3.55.

The percentage of residents who report their race in Mount Olive is as follows:

White 34.4%
Black / African American 65.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Mount Olive? Or maybe you are searching for 55+ active adult communities in and/or near Mount Olive?

The percentage of residents who report their age in Mount Olive is as follows:

Under 10 17.2%
Aged 10-19 14.9%
20s 11.4%
30s 21.5%
40s 8.7%
50s 12.7%
60s 6%
70s 4.5%
80+ 3.2%

Best Schools In Mount Olive, Mississippi

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Mount Olive with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Mount Olive.


Pros And Cons Of Living In Mount Olive, Mississippi

How do you know that living in -- or moving to -- Mount Olive is right where you need to be? Perhaps you grew up in Mount Olive or already live nearby; therefore, the decision to buy a home in Mount Olive is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Mount Olive for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Mount Olive:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Mount Olive.


Reasons To Move To Mount Olive, Mississippi, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Mount Olive can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Mount Olive, meanwhile, can field multiple offers from more qualified buyers.

Mount Olive, MS Foreclosures


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