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OLIVE BRANCH, IL 62969

Real Estate Market Report  ·  Alexander County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The OLIVE BRANCH, IL real estate market (62969) currently shows 1 active listings. Homes are averaging 40 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 40 days on market compared to 67 days last year.

The median listing price has fallen 78.9% year-over-year, from $261,250 to $55,000.

Whether you are buying or selling in OLIVE BRANCH, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 342  ·  Density: 9.2/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 77.8%

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$55,000
⇩ 78.9% vs $261,250 last year
Average Price
$55,000
⇩ 78.9% vs $261,250 last year
Days on Market
40
⇩ 40.3% vs 67 days last year

Price Per Square Foot

Median $/sqft
$48
⇩ 45.5% vs $88/sqft last year
Median Home Size
1,144 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 40 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $55,000 (-78.9% YoY)
  • Average: $55,000 (-78.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.7 miles — 181 listings ($37,318,670 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62969Olive Branch, IL 629690.0 mi1$55,000$55,000$55,000
62990Thebes, IL 629906.2 mi1$653,167$653,167$653,167
63780Scott City, MO 637808.7 mi19$6,889,400$171,700$362,600
62914Cairo, IL 6291411.0 mi2$61,500$30,750$30,750
63703Cape Girardeau, MO 6370313.6 mi25$4,234,175$114,950$169,367
62961Millcreek, IL 6296114.0 mi1$3,900$3,900$3,900
63834Charleston, MO 6383416.5 mi15$2,952,825$113,500$196,855
63882Wyatt, MO 6388217.7 mi2$15,800$7,900$7,900
62952Jonesboro, IL 6295218.6 mi12$3,374,256$228,250$281,188
63740Chaffee, MO 6374018.7 mi5$709,800$134,900$141,960
42056La Center, KY 4205620.2 mi4$1,053,068$250,000$263,267
62941Grand Chain, IL 6294121.5 mi3$783,900$239,900$261,300
63801Sikeston, MO 6380122.7 mi91$16,531,879$169,900$181,669

Frequently Asked Questions

How many homes are for sale in OLIVE BRANCH, IL 62969?

As of February 2026, there are 1 active listings in OLIVE BRANCH, IL (zip code 62969), compared to 2 the prior year.

What is the median home price in OLIVE BRANCH, IL 62969?

The median listing price in OLIVE BRANCH, IL 62969 is $55,000 as of February 2026, a 78.9% decrease from $261,250 the prior year.

How long do homes stay on the market in OLIVE BRANCH, IL?

Homes in OLIVE BRANCH, IL 62969 spend an average of 40 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in OLIVE BRANCH, IL 62969?

Based on current inventory and days-on-market data as of February 2026, OLIVE BRANCH, IL 62969 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 67 days last year.

How much can I save on real estate commission in OLIVE BRANCH, IL?

With SELL123.com's maximum 3% commission, sellers in OLIVE BRANCH, IL 62969 save an estimated $1,100 compared to a typical 5% commission on the median listing price of $55,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.