Olive Branch appreciation rates and housing market information

Olive Branch housing market information

With a population of 21,269, 8,061 total housing units (homes and apartments), and a median house value of $185,499, Olive Branch real estate is some of the most expensive in Mississippi, although Olive Branch home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Olive Branch, accounting for 85.03% of the city's housing units. Other types of housing that are prevalent in Olive Branch include large apartment complexes or high rise apartments (7.15%), duplexes, homes converted to apartments, or other small apartment buildings (3.99%), mobile homes or trailers (2.90%), and a few row houses and other attached homes (0.93%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Olive Branch. Owner-occupied housing accounts for 79.93% of Olive Branch's homes, and 80.00% have either three or four bedrooms, which is average sized relative to America.

Olive Branch homes and real estate are some of the newest in America. 46.40% of Olive Branch's housing was built since 1995, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Olive Branch real estate market has to offer. Quit a bit of the housing here was also built between 1970-1994 (44.36%), and 1940-1969 (8.22%).

Olive Branch home appreciation rates

Olive Branch's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Olive Branch during the period has been just 5.21%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Olive Branch home appreciation rates, at 1.34%, have been at or slightly above the national average. In the latest quarter, Olive Branch's appreciation rate has been 1.99%, which annualizes to a rate of 7.96%.

Importantly, this makes Olive Branch one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Mississippi, our data show that Olive Branch's latest annual appreciation rate is higher than 45% of the other cities and towns in Mississippi.