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Featured local agent — Olive Branch, IL
Sarah Mitchell
Compass Real Estate · Olive Branch, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Olive Branch, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$85,000median sale price
How is the Olive Branch, IL housing market right now?
The median home sale price in Olive Branch, IL is $85,000, up 143.6% year-over-year. Homes sell in an average of 8 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Olive Branch a buyer's or seller's market?
Olive Branch, IL is currently a balanced market and homes selling in about 8 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
8
Fast-moving
Active listings
—
Sale-to-list
68.0%
Below asking
What does the Olive Branch housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $85,000 |
| Year-over-year price change | +143.6% |
| Average days on market | 8 days |
| Sale-to-list price ratio | 68.0% |
| Median price per sq ft | $84/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Olive Branch by property type?
How the Olive Branch, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $85,000 | $84/sq ft | 1 | 8 days |
Source: Redfin · Updated monthly
The Olive Branch housing market is currently classified as a balanced market with a median sale price of $85,000. Prices have risen 143.6% compared to last year, with homes spending an average of 8 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.
Homes for sale in Olive Branch
Explore homes currently listed for sale in Olive Branch, Illinois across major real estate platforms.
Who lives in Olive Branch?
Population
441
Median income
$27,250/yr
Median age
56.4 years
Owner-occupied
80.9%
College grads
4.8%
Avg commute
36.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Olive Branch?
Zillow home value
$80,179
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Olive Branch?
Olive Branch is a community of approximately 0K residents with a median age of 56.4 years.The median household income is $27,250, which represents a working-class community with solid middle-income opportunities. 4.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Olive Branch offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Olive Branch, IL?
Want a head-to-head view? Compare Olive Branch side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Olive Branch?
The median home sale price in Olive Branch is $85,000, up 143.6% from last year.
How long do homes stay on market in Olive Branch?
Homes typically spend 8 days on market before going under contract.
What is the median income in Olive Branch?
The median household income is $27,250 per year.
What is the Zillow home value estimate for Olive Branch?
The Zillow Home Value Index (ZHVI) for Olive Branch is $80,179, representing the typical home value in the area.
How much does a single-family home cost in Olive Branch?
The median single-family home price in Olive Branch, IL is $85,000 (about $84 per square foot).
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