Active Listings
3
⇩ 25% vs 4 last year
Data as of September 2026. Source: Realtor.com.
The RED BANKS, MS real estate market (38661) currently shows 3 active listings. Homes are averaging 89 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 taking longer to sell, averaging 89 days on market compared to 79 days last year.
The median listing price has fallen 15.5% year-over-year, from $402,450 to $340,000.
Population: 1,492 · Density: 19.0/mi² · Median household income: $47,278
Typical home value: $0 · Homeownership: 96.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38661 | Red Banks, MS 38661 | 0.0 mi | 1 | $409,000 | $409,000 | $409,000 |
| 38635 | Holly Springs, MS 38635 | 9.6 mi | 66 | $20,664,930 | $285,700 | $313,105 |
| 38066 | Rossville, TN 38066 | 12.8 mi | 31 | $24,742,805 | $601,250 | $798,155 |
| 38654 | Olive Branch, MS 38654 | 15.3 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38125 | Memphis, TN 38125 | 16.0 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38139 | Germantown, TN 38139 | 17.5 mi | 74 | $55,425,778 | $606,200 | $748,997 |
| 38138 | Germantown, TN 38138 | 19.1 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38115 | Memphis, TN 38115 | 20.6 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38685 | Waterford, MS 38685 | 20.8 mi | 6 | $1,593,870 | $156,500 | $265,645 |
| 38119 | Memphis, TN 38119 | 20.9 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38060 | Oakland, TN 38060 | 22.5 mi | 140 | $57,209,180 | $399,650 | $408,637 |
| 38659 | Potts Camp, MS 38659 | 23.0 mi | 7 | $1,292,494 | $188,750 | $184,642 |
| 38118 | Memphis, TN 38118 | 23.3 mi | 105 | $15,429,540 | $139,500 | $146,948 |
As of September 2026, there are 3 active listings in RED BANKS, MS (zip code 38661), compared to 4 the prior year.
The median listing price in RED BANKS, MS 38661 is $340,000 as of September 2026, a 15.5% decrease from $402,450 the prior year.
Homes in RED BANKS, MS 38661 spend an average of 89 days on the market before going under contract, compared to 79 days the prior year.
Based on current inventory and days-on-market data as of September 2026, RED BANKS, MS 38661 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 89 days on market compared to 79 days last year.
With SELL123.com's maximum 3% commission, sellers in RED BANKS, MS 38661 save an estimated $6,800 compared to a typical 5% commission on the median listing price of $340,000. 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.