Olive Branch, MS 38654 Housing Market
- Active listings34currently for sale
- Pending sales65under contract
- Median asking price$397,900current listings
- Inventory age450 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)490a tracked sample, not a market total
- Median sold price$354,900last 6 months
- Middle half of sold prices$300k to $435k25th to 75th percentile
What the numbers say
As of August 26, 2026, Resideline is tracking 34 active listings and 65 pending sales in ZIP code 38654. That pending-to-active ratio of 1.91 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $397,900, while the median of the 490 closed sales Resideline tracked over the last six months was $354,900. 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 450 days.
Frequently asked questions
What is the median home price in 38654?
The median closed sale price in Olive Branch, MS 38654 was $354,900 over the last six months, based on 490 closed sales tracked by Resideline. The middle half of those sales ranged from $299,900 to $435,000.
Is 38654 a buyer's or seller's market?
Resideline is currently tracking 65 pending sales against 34 active listings in 38654, a pending-to-active ratio of 1.91. 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.