Olive Branch, MS—38654
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olive Branch, MS
As of Oct '25, the median home price in Olive Branch, MS is $330,000, with a year-over-year change of -0.3%. This indicates that home prices in Olive Branch, MS are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $330,000 | -0.3% |
| Single Family | $331,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $199,000 | -0.5% |
3 Bed | $271,000 | -0.4% |
4 Bed | $380,000 | 0.0% |
| 5 Bed | $468,000 | -0.8% |
% of Housing Stock
Rental Trends — Olive Branch, MS
As of July '25, Rentcast reports the average rent in Olive Branch, MS is $1,950, with a year-over-year rent change of -4.4%. Per bedroom, the median rent as of July '25 in Olive Branch, MS is studios: $1,500, 1-bedrooms: $1,520, 2-bedrooms: $1,570, 3-bedrooms: $1,870, 4-bedrooms: $2,220. The most common rental property sizes in Olive Branch, MS are 3-bedroom and 2-bedroom, accounting for 49.5% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,920 | $1,950 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $1,450 | $1,520 |
| 2 Bed Rent | $1,600 | $1,570 |
| 3 Bed Rent | $1,840 | $1,870 |
| 4 Bed Rent | $2,180 | $2,220 |
% of Rental Stock
Property Listings — Olive Branch, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Olive Branch, MS is 72. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | -3.0% |
Listing Count | 364 | 7.0% |
| Listings as % of Homes | 1.0% | 7.0% |
Days on Market | 72 | 5.0% |
Demographics — Olive Branch, MS
As of the latest ACS Survey released in 2023, Olive Branch, MS has a population of 57,300, which has increased by 10.2% over the past 5 years. Olive Branch, MS is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 32.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 57,300 | 10.2% |
% Under 18 | 25.1% | -6.0% |
% Seniors | 13.2% | 10.9% |
% WFH | 8.2% | 182.8% |
% w/ College Degree | 32.2% | 13.8% |
As of the latest ACS Survey released in 2023, Olive Branch, MS is a predominantly white area, with 57.4% of the population identifying as white. The white population has shrunk by 12.8% in the last 5 years. The second most common race or ethnicity in Olive Branch, MS is black, making up 31.9% of the population. Foreign-born residents account for 4.5% of the population in Olive Branch, MS, and this percentage has increased by 40.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.4% | -12.8% |
% Black | 31.9% | 22.7% |
% Hispanic | 5.2% | 33.3% |
% Asian | 2.2% | 69.2% |
% Foreign Born | 4.5% | 40.6% |
Mortgage and Risk — Olive Branch, MS
According to HUD data as of 2023, there were 236 mortgage originations in Olive Branch, MS, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Olive Branch, MS. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 236 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Olive Branch, MS
As of 2024, the percent of homes in Olive Branch, MS under the Section 8 program is 3.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Olive Branch, MS, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 111 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 98.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,450 | $1,560 |
| 2 Bedroom | $150 | $1,600 | $1,750 |
| 3 Bedroom | $460 | $1,840 | $2,300 |
| 4 Bedroom | $510 | $2,180 | $2,690 |
Affordability — Olive Branch, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $330,000 |
| Median Household Income | $99,500 |