The Unshakable Investor

Unshakable ZIP Data 38661 | Red Banks, MS Housing Market

Red Banks · Marshall County · Memphis, TN-MS-AR metro · Mississippi · Data updated June 19, 2026

The median sale price in ZIP 38661, Red Banks, Mississippi is $292,413 at $174 per square foot. 4 single-family homes sold in the latest period, up 37.3 percent from a year earlier. Homes sit a median of 13 days on market with 1.6 months of supply. Sellers are getting 99.7 percent of list price and 25.0 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$227,567
Average price per sq ft$135
Median sale price$292,413
Median sale price per sq ft$174
Median home size1,682 sq ft
Median new listing price$307,373-17.5%
National size rank17,544

Sales activity

MetricValueYear over year
Homes sold4+37.3%
Median days on market13 days
Months of supply1.6 months
New listings5-15.4%
Active listings6-39.2%
Pending sales4+35.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.7%+2.2 pts
Share sold above list25.0%+25.0 pts

These figures describe the single-family market for Red Banks, Mississippi ZIP 38661. They are market context, not a substitute for sold comps or a formal appraisal.