Similar to the surrounding areas, it's a lot less expensive compared to the entire country. Compared to the city of St. Louis, it is substantially less expensive.
Home prices
The price of the median home in Mount Olive is $73,700. It is roughly $2,540 (3%) lower compared to its nearby areas.Compared to the rest of the nation it is approximately $143,800 (66%) lower, and compared to the city of St. Louis it is about $65,000 (46%) lower.
Rents
In Mount Olive the median monthly rent is $690. Compared to its surrounding areas it is approximately $37 (5%) lower.It is roughly $372 (35%) lower compared to the US as a whole, and compared to the city of St. Louis it is about $138 (16%) lower.
Nearby places
Lake Ka-Ho
Lake Ka-Ho is about 2 miles northwest from Mount Olive. Real estate prices there are substantially less expensive. The median home in Lake Ka-Ho is valued at $55,600, which is $18,100 (32%) lower than Mount Olive. Rent there is a bit more expensive. The median rent in Lake Ka-Ho is $764 a month, which comes out to $74 (9%) higher than Mount Olive.
Sawyerville
Sawyerville is about 3 miles west of Mount Olive. Real estate prices there are a bit more expensive. Sawyerville's median home value is $79,400, which comes out to $5,700 (7%) higher than Mount Olive. Rent there is a little more expensive. Sawyerville's median monthly rent is $841, which is $151 (17%) higher than Mount Olive.
Benld
Benld is about 3 miles west of Mount Olive. The housing prices there are a little less expensive. Benld's median home price is $67,500, which comes out to $6,200 (9%) lower than Mount Olive. The rent there is a little more expensive. In Benld the median rent is $740 per month, which comes out to $50 (6%) higher than Mount Olive.
Mount Clare
Mount Clare is approximately 4 miles northwest of Mount Olive. Real estate prices there are a little more expensive. The median home in Mount Clare costs $79,000, which works out to $5,300 (6%) higher than Mount Olive. Rent there is somewhat less expensive. The median rent in Mount Clare is $600 a month, which comes out to $90 (14%) lower than Mount Olive.
Staunton
Staunton is approximately 5 miles southwest of Mount Olive. Its real estate prices are a little more expensive. The median home in Staunton costs $99,700, which works out to $26,000 (26%) higher than Mount Olive. The rent there is similar. The median monthly rent in Staunton is $692, which is very similar to Mount Olive.
