Active Listings
3
⇩ 50% vs 6 last year
Data as of July 2026. Source: Realtor.com.
The RED BANKS, MS real estate market (38661) currently shows 3 active listings, with 1 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 57 days on market compared to 26 days last year.
The median listing price has fallen 11.2% year-over-year, from $404,000 to $358,700.
Whether you are buying or selling in RED BANKS, MS, 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.
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 July 2026, there are 3 active listings in RED BANKS, MS (zip code 38661), compared to 6 the prior year.
The median listing price in RED BANKS, MS 38661 is $358,700 as of July 2026, a 11.2% decrease from $404,000 the prior year.
Homes in RED BANKS, MS 38661 spend an average of 57 days on the market before going under contract, compared to 26 days the prior year.
Based on current inventory and days-on-market data as of July 2026, RED BANKS, MS 38661 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 26 days last year.
With SELL123.com's maximum 3% commission, sellers in RED BANKS, MS 38661 save an estimated $7,174 compared to a typical 5% commission on the median listing price of $358,700. 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.