Is Olive Branch, MS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Olive Branch was a Neutral Market.
Housing Prices in Olive Branch, MS
How much do homes in Olive Branch, MS cost?
Median Sold Price
$349,950
-
Based on all homes sold in April 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $230.2K | $349.9K | +52.0% |
4 Bedrooms | $290K | - | N/A |
5+ Bedrooms | $310K | - | N/A |
Summary: Olive Branch housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 52%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Southaven | $190K | $270.5K | +42.4% |
Olive Branch | $290K | $349.9K | +20.7% |
Housing Supply in Olive Branch, MS
How many homes are available in Olive Branch, MS?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
337 | 376 | +11.6% |
Summary: The Olive Branch real estate market had 376 homes for sale in April 2024, a 11.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 98 | 102 | +4.1% |
4 Bedrooms | 128 | 148 | +15.6% |
5+ Bedrooms | 104 | 117 | +12.5% |
Summary: The Olive Branch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 49 | -9.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Olive Branch in April 2024, down by 9.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Olive Branch, MS
We’re sorry, we don't have information for this market at the moment