Why Live in Olive Branch
Olive Branch, near the Tennessee border, is a growing community with a population of 47,000, offering residents proximity to downtown Memphis, which is 26 miles away. The neighborhood features a mix of single-family homes, including Colonial Revivals, Cape Cods, and ranch-style houses, with apartment complexes primarily situated east of U.S. Route 78. Olive Branch boasts a range of amenities, including dining and shopping options along Goodman Road, where residents can find major retailers like Walmart and Target, as well as independent gift shops in the historic Old Towne district. The highly-rated DeSoto County School District serves the area, and Lausanne Collegiate School is another top educational option nearby. Olive Branch City Park, spanning 135 acres, offers various recreational activities such as fishing, tennis, softball, soccer, and public golf courses. The neighborhood hosts community events, including holiday light displays, Fourth of July concerts, and a unique Mardi Gras parade. Public transportation is available through DeSoto County Public Transportation, and essential services like the U.S. Methodist Olive Branch Hospital are conveniently located 4 miles southeast. Despite property crime rates being comparable to the national average, Olive Branch remains a vibrant and convenient place to live.
Home Trends in Olive Branch, MS
On average, homes in Olive Branch, MS sell after 55 days on the market compared to the national average of 50 days. The median sale price for homes in Olive Branch, MS over the last 12 months is $350,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$350,000
Median Single Family Sale Price
$376,990
Median Townhouse Sale Price
$300,800
Median 2 Bedroom Sale Price
$296,500
Average Price Per Sq Ft
$157
Number of Homes for Sale
278
Last 12 months Home Sales
930
Median List Price
$380,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-1%