Is Olive Branch, MS 38654 a buyer’s or seller’s market?

The Olive Branch housing market right now

In the three months ending August 31, 2026, 9% of homes in Olive Branch, MS 38654 sold above their list price, the typical home went under contract in 36 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 221 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (51 days then) and the median sale price held steady to $348,699. Overall, Olive Branch is about as competitive as it was a year ago.

Within DeSoto County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Olive Branch ranks #23 of 89 MS ZIP codes with enough sales (score 38 out of 100).

Nearby, buyers who want less competition could look at Lake Cormorant 38641 (0% sold over asking), while Horn Lake 38637 (23% sold over asking) and Walls 38680 (16% sold over asking) are even more competitive.