Olive Branch, MS 38654 Housing Market
- Active listings36currently for sale
- Pending sales55under contract
- Median asking price$472,450current listings
- Inventory age1 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)491a tracked sample, not a market total
- Median sold price$345,000last 6 months
- Middle half of sold prices$299k to $429k25th to 75th percentile
What the numbers say
As of August 3, 2026, Resideline is tracking 36 active listings and 55 pending sales in ZIP code 38654. That pending-to-active ratio of 1.53 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $472,450, while the median of the 491 closed sales Resideline tracked over the last six months was $345,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 38654 has been on the market for 1 days.
Frequently asked questions
What is the median home price in 38654?
The median closed sale price in Olive Branch, MS 38654 was $345,000 over the last six months, based on 491 closed sales tracked by Resideline. The middle half of those sales ranged from $299,000 to $428,991.
Is 38654 a buyer's or seller's market?
Resideline is currently tracking 55 pending sales against 36 active listings in 38654, a pending-to-active ratio of 1.53. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38654 currently looks like a seller's market.