Is Mount Olive, AL 35117 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mount Olive is a seller’s market. With about 3 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score51/ 100

More competitive than 52% of U.S. ZIP codes, and #36 of 249 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list18.2%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$179▲ +2.8% vs. last year

The Mount Olive housing market right now

In the three months ending August 31, 2026, 18% of homes in Mount Olive, AL 35117 sold above their list price, the typical home went under contract in 45 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 45 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (59 days then) and the median sale price rose 2% to $312,315. Overall, Mount Olive is more competitive than a year ago, so tougher for buyers.

Within Jefferson County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Mount Olive ranks #36 of 249 AL ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Birmingham 35234 (0% sold over asking) or Birmingham 35233 (0% sold over asking), while Birmingham 35223 (51% sold over asking) and Birmingham 35222 (44% sold over asking) are even more competitive.

Nearby markets

Adamsville 35005Balanced $92 /sq ftAdger 35006Buyer’s market $128 /sq ftBessemer 35020Balanced $57 /sq ftBessemer 35022Balanced $156 /sq ft Browse all markets →

Where Mount Olive is

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Questions about Mount Olive real estate

Is Mount Olive a buyer’s or seller’s market?

A seller’s market: there were 3 months of supply in Mount Olive, AL 35117 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mount Olive?

The typical home went under contract in 45 days in the latest three months.

Do homes in Mount Olive sell over asking?

18% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Mount Olive?

About 0.59% of a home’s value a year in Jefferson County, or roughly $2,360 on a $400,000 home.

What is the median home price in Mount Olive?

The median sale price was $312,315 in the three months ending August 31, 2026, about $179 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology