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Mount Olive CDP, AL

ZIP 35117 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 35117

Median Home Value
$195,300
Median Rent
$826
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,255/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 35117 in Mount Olive CDP, AL, a household would need roughly $54,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,255. That sits below the local median household income ($87,923), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
93.2%+43% vs US avg
x
Vacancy Rate
15.1%+47% vs US avg
x
Broadband Access
90.4%+4% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
2.9%-77% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
11.6%-77% vs US avg
x
Mortgage-Free
43.0%+13% vs US avg
x
$195,300
Home Value
$826
Rent
1991
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.0%
  • 1-unit attached0.0%
  • 2-9 units1.8%
  • 10+ units0.0%
  • Mobile home & other8.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$195,300
Median rent$826
Owner-occupied93.2%
Vacant15.1%
Price-to-income2.2x
Est. income to buy$54,000