Zip 38654 (Olive Branch, MS) Housing

The housing market in 38654 Olive Branch, MS is a great place to invest. The median value of the housing in this area is $315,400 which is lower than the US House Median Value at $338,100. The US 1 year House Appreciation rate is 8.27%, however the house 1 year appreciation rate in this area of Olive Branch is 17.86%. This means that the housing prices in this area have increased significantly over the past year and people are investing more here. This makes it a great opportunity for those looking to purchase a home and take advantage of these high appreciation rates.

The median home cost in Olive Branch (zip 38654) is $315,400. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Olive Branch (zip 38654) is up 19.2%.

Average Age of Homes

- The median age of Olive Branch (zip 38654) real estate is 19 years old

The Rental Market in Olive Branch (zip 38654)

- Renters make up 19.5% of the Olive Branch (zip 38654) population
- 1.0% of houses and apartments in Olive Branch (zip 38654), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Olive Branch, Mississippi	United States
	20,732.0	139,647,020.0
	22	42
	$315,400	$338,100
	19.2%	16.6%
	54.8%	57.0%
	80.3%	101.1%
	$7.18	$10.98
	$1,616	$2,690
	80.3%	57.4%
	3.5%	11.2%
	16.2%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	1.4%	2.4%
	0.9%	2.8%
	0.8%	3.9%
	1.7%	4.5%
	13.2%	11.3%
	22.3%	13.0%
	36.1%	20.1%
	16.8%	13.6%
	3.3%	8.3%
	1.4%	9.7%
	0.5%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	32.8%	13.6%
	32.8%	13.6%
	27.7%	13.6%
	13.0%	13.2%
	5.1%	14.8%
	27.7%	13.6%
	1.1%	10.0%
	0.9%	4.7%
	1.3%	12.2%

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