Olive Branch, IL 62969 housing market
Data through May 2026 · Balanced market · leverage 28
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Buyer Leverage Score
28
Mar 2026
Months of Supply
6.0 months
Feb 2026
Days on Market
57 days
Mar 2026
Price Cut %
0.0%
Mar 2026
Sale-to-List Ratio
80.0%
May 2026
Expected Disaster Loss
$370
Dec 2025
What this means
- Supply. Listings are 67% below the 2017-19 norm and falling (−50% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (28/100; U.S.: 54) (as of Mar 2026): homes sell for about 20.0% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of Mar 2026).
- Disaster risk. FEMA expects about $370 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding. Flood isn't covered by standard homeowners insurance.
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Other ZIP codes in Alexander County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Cairo, IL 62914 | $34.1K | −12.7% | 56 |
| Tamms, IL 62988 | $95.3K | −10.3% | 31 |
| Thebes, IL 62990 | $112.3K | +4.6% | 64 |
| Thebes, IL 62957 | $74.6K | −5.4% | 73 |
| ZIP 62962 | – | – | – |