Housing Prices in Olive Branch, MS

How much do homes in Olive Branch, MS cost?

Median List Price

$353,940

$153/sqft

Based on all homes listed in the last 12 months.

Difference Since January 2023

-$12,960(-3.5%)

Key Takeaway

The list price of homes in Olive Branch has decreased by 3.5% since last year.

Summary: The median home list price in Olive Branch was $353,940 in January 2024, down 3.5% from the previous year, and the median price per square foot was $153.

Median List Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
N/A
2 $224.9K$235K
+4.5%
3 $264.2K$270K
+2.2%
4 $379.9K$380K
0.0%
5+ $482.4K$487.4K
+1.0%

Summary: Olive Branch housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1%.

Median List Price Compared To Nearby Cities

Memphis
+11.3%
Southaven
-3.3%
Olive Branch
-3.5%

Housing Supply in Olive Branch, MS

How many homes are available in Olive Branch, MS?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
334346+3.6%

Summary: The Olive Branch real estate market had 346 homes for sale in January 2024, a 3.6% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 105111
+5.7%
4 131134
+2.3%
5+ 9397
+4.3%

Summary: The Olive Branch housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 4.3%.

Days on Market for Olive Branch, MS

How long does it take to sell a home in Olive Branch, MS?

Average Listing Age

Jan 2023Jan 2024CHANGE
285 Days259 Days-9.0%

Summary: Homes in Olive Branch had an average listing age of 259 days in Jan 2024, down by 9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Olive Branch, MS

Nearby Markets to Olive Branch, MS

What housing markets are near Olive Branch, MS?