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 Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.87|
|Median year structure was built||1994|
|Median Value of occupied units||$125,800|
|Median Price asked for vacant units||$154,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.25|
|Median year structure was built||1992|
|Median Monthly Rent asked for vacant units||$433|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||5.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|