The present housing market in Mount Olive is down with high active listings and low sales volume. Home prices have increased 118.4% in the past month alone. With 6 active listings, inventory is 100% higher than seasonal norms. Homes are now taking an average of 53 days to sell, significantly longer than the 29 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Mount Olive market with the affordability index at 308.1. Based on current market indicators, home prices in Mount Olive are projected to decrease by approximately 10.0% over the next month.