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Foreclosure Homes in Olive Branch, MS

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Olive Branch, MS Foreclosures

How much do homes sell for in Olive Branch, MS?
The average home price is currently $339,972.
In Olive Branch, MS, how many homes are available?
There are currently 17,980 active home listings available in Olive Branch.
What’s the average rental cost in Olive Branch, MS?
The average rental price in Olive Branch is $1,579.
What is the most expensive home in Olive Branch, Mississippi?
The most expensive home sold in Olive Branch had a price of $4,723,845.
What is currently the cheapest priced home in Olive Branch, MS?
The cheapest home for sale in Olive Branch is priced at $17,100.

Home Value Estimator For Olive Branch, MS

There are currently 17,980 real estate properties in Olive Branch, MS, with a median automated valuation model (AVM) price of $317,026.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olive Branch, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Olive Branch, MS, is $339,972.00, with the most expensive house in Olive Branch, MS, topping out at $4,723,845.00 and the cheapest home in Olive Branch, MS, clocking in at $17,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Olive Branch, MS!


Rent Prices In Olive Branch, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olive Branch, MS, is on a rollercoaster ride. The average rent price in Olive Branch, MS, is $1,579.00. Indeed, when looking to rent in Olive Branch, MS, you can expect to pay as little as $530.00 or as much as $3,620.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Olive Branch, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Olive Branch, MS In 2024

Olive Branch is located in DeSoto, Mississippi, with an estimated municipal population of 38,924 residents. All of the best foreclosed homes for sale in Olive Branch are located in the following zip code areas on Foreclosure.com: 38654. The estimated population per square kilometer (.62 miles) in Olive Branch is 403.


Cost Of Living In Olive Branch, MS

So, about how much do homes cost in Olive Branch? The most recent median value of resident-owned homes in Olive Branch is 177,783. An estimated 79.1 percent of households in Olive Branch own their homes, with an average family size of 3.29. The median household income in Olive Branch is 74,680, with32.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Olive Branch, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Olive Branch? If so, the average rent price paid by renters in Olive Branch is 1,164, according to recent statistics.


Diversity And Demographics In Olive Branch, Mississippi

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Olive Branch, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Olive Branch is 38.1, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Olive Branch is 52.8, with an average family size of 3.29.

The percentage of residents who report their race in Olive Branch is as follows:

White 62.2%
Black / African American 30.4%
Asian 1.7%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 2.2%

Looking for family-friendly neighborhoods in and/or near Olive Branch? Or maybe you are searching for 55+ active adult communities in and/or near Olive Branch?

The percentage of residents who report their age in Olive Branch is as follows:

Under 10 12%
Aged 10-19 15.3%
20s 12.6%
30s 12.4%
40s 14.4%
50s 14.7%
60s 9%
70s 6.2%
80+ 3.4%

Best Schools In Olive Branch, Mississippi

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Olive Branch with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Olive Branch.


Pros And Cons Of Living In Olive Branch, Mississippi

How do you know that living in -- or moving to -- Olive Branch is right where you need to be? Perhaps you grew up in Olive Branch or already live nearby; therefore, the decision to buy a home in Olive Branch is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Olive Branch for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Olive Branch:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Olive Branch.


Reasons To Move To Olive Branch, Mississippi, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Olive Branch can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Olive Branch, meanwhile, can field multiple offers from more qualified buyers.

Olive Branch, MS Foreclosures


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