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Area data

Olive branch, MS — ZIP 38654

Population: 57,898 (Census ACS)

The median home value in ZIP 38654 (Olive branch, MS) is $336,391 — up 1.1% over the past year. Homes sell for a median $351,640 after a median 47.5 days on market. Typical rent runs $1,894/month. 15 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, lightning, tornado the top-rated hazards. Cost of living is 15.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$336,391

Median home value

+1.1%

1-year change

47.5

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$336,391
1-year appreciation
+1.1%
3-year appreciation
+1.3%
5-year appreciation
+17.2%
10-year appreciation
+66.6%
All-time peak (2024-04)
$338,192
House Price Index (state)
322.1 (+3.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$351,640
Median list price
$370,490
Median price per sqft
$157
1-year sale-price change
+0.5%
Median days on market
47.5 days
Homes sold (recent period)
244
For-sale inventory
302
Sale-to-list ratio
98.9%
Active listings
244
1-year forecast
+0.1%
Days to pending
53 days
New listings (monthly)
82

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,894/mo
1-year rent change
+0.9%
Studio fair-market rent
$1,410/mo
1BR fair-market rent
$1,530/mo
2BR fair-market rent
$1,690/mo
3BR fair-market rent
$2,230/mo
4BR fair-market rent
$2,600/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
85.0 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
15
Elementary schools
9
Middle schools
2
High schools
4
Schools include
OLIVE BRANCH ELEM, OLIVE BRANCH HIGH SCHOOL, OLIVE BRANCH MIDDLE, OLIVE BRANCH INTERMEDIATE SCHOOL, CENTER HILL ELEMENTARY SCHOOL

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, lightning, tornado, earthquake, heatWave
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively Low · earthquake: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Moderate · iceStorm: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 57% of US counties
Buildings in wildfire direct-exposure zone
50.4%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Carrier Air Conditioning Co. (10.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
62.0°F
Average high
72.0°F
Average low
51.0°F
Annual precipitation
59.5 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
54
Days with Good air quality
122
Days with Moderate air quality
231
Highest AQI recorded (year)
134

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
11.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
65,435
Jobs reachable by transit (45 min)
56,913

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
34
Nearest airport
Olive Branch Airport (OLV) (4 mi)
Nearest major airport
Memphis International Airport (MEM) (12 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
METHODIST HEALTHCARE - OLIVE BRANCH HOSPITAL, PARKWOOD BEHAVIORAL HEALTH SYSTEM
Avg hospital rating (CMS)
5.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+755 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
2,001
Housing built before 1970
6.5%
Housing built 2000 or later
54.7%
Median annual property tax
$1,852
Mean commute to work
23 min
Households with broadband internet
81.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
63,798
Average weekly wage
$845
Top industries (by employment)
Accommodation & Food, Health Care, Administrative Services
Annual residential building permits (county)
1,127

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 38654State medianUS median
Median home value$336,391$154,088$289,727
Median sale price$351,640$224,950$325,000
Median days on market48 days50 days51 days
Typical rent$1,894/mo$1,471/mo$1,808/mo
Median annual property tax$1,852$859$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 38654?
$336,391.
What is the median sale price in ZIP 38654?
$351,640.
How long do homes take to sell in ZIP 38654?
Median days on market: 47.5 days.
What is typical rent in ZIP 38654?
Typical rent: $1,894/month.
What is the natural-hazard risk in ZIP 38654?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, lightning, tornado, earthquake, heatWave.
Is ZIP 38654 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 38654?
Risk to homes is higher than 57% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 38654?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 38654?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 38654?
15 schools (9 elementary, 2 middle, 4 high) (NCES, 2022-23).
Is ZIP 38654 walkable?
Walkability index: 11.0/20 (EPA Smart Location Database).
What is the air quality in ZIP 38654?
Moderate. Median AQI: 54. (EPA AQI).
What is the cost of living in ZIP 38654?
Regional Price Parity: 85.0 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents