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Olive Branch city, MS

ZIP 38654 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38654

Median Home Value
$284,400
Median Rent
$1,356
Affordability Snapshot
$78,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,827/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 38654 in Olive Branch city, MS, a household would need roughly $78,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,827. That sits below the local median household income ($99,481), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
85.1%+30% vs US avg
x
Vacancy Rate
3.2%-69% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
12.4%-16% vs US avg
x
Built Pre-1939
0.6%-95% vs US avg
x
Built Post-2014
2.8%-60% vs US avg
x
Rent Burden >30%
24.6%-51% vs US avg
x
Mortgage-Free
27.0%-29% vs US avg
x
$284,400
Home Value
$1,356
Rent
2001
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.5%
  • 1-unit attached1.2%
  • 2-9 units4.0%
  • 10+ units2.6%
  • Mobile home & other1.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$284,400
Median rent$1,356
Owner-occupied85.1%
Vacant3.2%
Price-to-income2.9x
Est. income to buy$78,000