The housing in Olive Branch, IL is very affordable and below the national median value of $338,100. The 1 year house appreciation in Olive Branch, IL is 8.05%, which is lower than the national average of 8.27%. This makes it an attractive investment opportunity for potential homeowners looking for a relatively low cost option with an appreciation rate close to that of the national average. With its affordable housing options and respectable appreciation rate, Olive Branch is a great place to consider when looking for a new home.
The median home cost in Olive Branch is $62,900. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Olive Branch is up 14.3%.
Average Age of Homes
- The median age of Olive Branch real estate is 34 years old
The Rental Market in Olive Branch
- Renters make up 6.8% of the Olive Branch population
- 0.0% of houses and apartments in Olive Branch, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.