Property prices for sale in Olive Branch (Mississippi)

The prices in real estate in Olive Branch, in the Mississippi region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$435,683.5
Average price last 6 months
$24,176.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Olive Branch has increased strongly during the last 6 months. In December, the average price per sq.feet was $118. In January this price pretty much remained the same at a value of $115 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $116.5 to $124.5 per sq.feet. The price per sq.feet has had a considerable increase of 59991 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $120.5 to $72,289.5 during April, and May.

Average price

Based upon to the price in Olive Branch (cities), this has gone up considerably in the last 6 months. The price in December is $366,224, rising in January till $407,083. During the following two months (February, March) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 148 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $584,956 they are 56 % more affordable than the average price for Olive Branch. The properties with the lowest average price have 2 bedrooms, Their price is 55 % cheaper than the average. After that we have properties with 1 bedroom priced at $256,903.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $144,451 / sq.feet price in Olive Branch. The properties with the lowest average prices have 1 bedroom. They are 100 % cheaper than the average followed by properties with 2 bedrooms with a price at $85 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $584,956 it is 55 % cheaper than the average price in Olive Branch. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $265,454 it is 55 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $84 / sq.feet followed by "Apartment" priced at $85 / sq.feet. "Apartment" is the cheapest type of property with a $85 / sq.feet value followed by "Condo" with an average price of $84 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Olive Branch
Number of properties used in region Mississippi
$584,956
$144,451
178
25,116
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value