Olive Branch, MS Real Estate

According to census data in the year 2000 there were 8,061 housing units in Olive Branch. This represents a 479.1% growth from 1,392 in 1990.

Of those housing units, 6,221 were located in either urbanized areas or urban clusters, and 1,840 were located in what is classified as a rural area.

Homeownership rate in Olive Branch is about 84.2%. Olive Branch's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Olive Branch were built after 1994.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom4.40%
Two Bedrooms12.60%
Three Bedrooms63.10%
Four Bedrooms16.90%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1994
Median Value of occupied units$125,800
Median Price asked for vacant units$154,200

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1992
Median Monthly Rent asked for vacant units$433

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.20%
Home Equity Loan5.50%
Simple Mortgage69%
Debt Free17.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%