$0/mo House For Rent
4 bed, 2.0 bath, 1,938 sqft
The median list price per square foot in Olive Branch is $95, which is higher than the Memphis Metro average of $80. The median price of homes currently listed in Olive Branch is $209,315 while the median price of homes that sold is $161,477. The median rent price in Olive Branch is $1,375, which is higher than the Memphis Metro median of $895.
Foreclosures will be a factor impacting home values in the next several years. In Olive Branch 0.4 homes are foreclosed (per 10,000). This is lower than the Memphis Metro value of 8.4 and also lower than the national value of 4.3
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Olive Branch is 6.0%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Olive Branch homeowners underwater on their mortgage is 22.5%, which is lower than Memphis Metro at 24.1%.more
Homes foreclosed (per 10,000)