Welcome to our 38654 real estate data hub, tailored for investors in Olive Branch, MS. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 38654 in Olive Branch, MS. Discover Section 8 housing opportunities and challenges to maximize your investment potential in DESOTO COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Olive Branch, MS real estate investing. Uncover the wealth of information available, and position yourself for success in the Olive Branch property market.
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Location Overview
- Zip Code: 38654
- City: Olive Branch
- State: MS
- Metro Area: Memphis, TN-MS-AR
- County Name: DESOTO COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $317,068
- Average Home Price (Single Family Homes): $317,262
- Average Monthly Rental Price (All Types): $2,035
- Price-to-Rent Ratio: 13
- Zillow Projected % appreciation from 4/2023-4/2024: 2.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,270
- Average 3 Bedroom Section 8 Rental Rates: $1,680
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.81
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.73
- Number of Units Offered in Section 8 in the County: 477
- Number of Occupied Units in Section 8 in the County: 458
- Percentage of Section 8 Units Occupied in the County: 96%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 142.37
- Total % Appreciation since 2000 (Government Data): 73.66
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.13%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.61%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.12%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.38%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 75.84%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.53%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.9%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 42.66%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 51.99%