Home prices
The median home in Olive Branch is valued at $175,600. Compared to nearby areas this is approximately $32,680 (15%) lower.Compared to the rest of the nation it is approximately $41,900 (19%) lower, and in comparison to the city of Memphis it is approximately $73,800 (72%) higher.
Rents
Olive Branch's median rent is $1,164 per month. In comparison to its surrounding areas it is roughly $92 (8%) higher.In comparison to the nation as a whole it is about $102 (9%) higher, and in comparison to the city of Memphis is approximately $263 (29%) higher.
Nearby places
Southaven
Southaven is Olive Branch's neighbor to the west. Its housing prices are a little less expensive. The value of the median home in Southaven is $153,200, which is $22,400 (14%) lower than Olive Branch. Its rents are somewhat less expensive. Southaven's median monthly rent is $1,056, which is $108 (10%) lower than Olive Branch.
Germantown
Germantown is approximately 9 miles north from Olive Branch. Its housing prices are substantially more expensive. Germantown's median home cost is $331,700, which comes out to $156,100 (47%) higher than Olive Branch. Its rents are a little more expensive. Germantown's median rent is $1,387 a month, which works out to $223 (16%) higher than Olive Branch.
Collierville
Collierville is roughly 9 miles northeast of Olive Branch. The real estate prices there are substantially more expensive. The median home in Collierville is valued at $319,300, which comes out to $143,700 (45%) higher than Olive Branch. Its rents are somewhat more expensive. The median rent in Collierville is $1,331 a month, which comes out to $167 (12%) higher than Olive Branch.
Horn Lake
Horn Lake is about 10 miles west of Olive Branch. Real estate prices there are significantly less expensive. The median home in Horn Lake costs $106,400, which comes out to $69,200 (65%) lower than Olive Branch. Its rents are a bit less expensive. The median rent in Horn Lake is $1,033 per month, which is $131 (12%) lower than Olive Branch.
Byhalia
Byhalia is roughly 10 miles southeast from Olive Branch. Its real estate prices are a lot less expensive. The median home in Byhalia costs $130,800, which works out to $44,800 (34%) lower than Olive Branch. Rents there are substantially less expensive. In Byhalia the median rent is $555 per month, which is $609 (109%) lower than Olive Branch.