Active Listings
1
⇩ 80% vs 5 last year
Population: 1,492 · Density: 19.0/mi² · Median household income: $47,278
Typical home value: $0 · Homeownership: 96.3%
Data as of January 2026. Source: Realtor.com.
The RED BANKS, MS real estate market (38661) currently shows 1 active listings, with 1 pending sales. Homes are averaging 194 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 194 days on market compared to 14 days last year.
The median listing price has fallen 57.3% year-over-year, from $422,000 to $180,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38661 | Red Banks, MS 38661 | 0.0 mi | 1 | $180,000 | $180,000 | $180,000 |
| 38635 | Holly Springs, MS 38635 | 9.6 mi | 67 | $22,078,242 | $310,000 | $329,526 |
| 38066 | Rossville, TN 38066 | 12.8 mi | 34 | $28,518,486 | $613,951 | $838,779 |
| 38654 | Olive Branch, MS 38654 | 15.3 mi | 312 | $130,688,064 | $391,950 | $418,872 |
| 38125 | Memphis, TN 38125 | 16.0 mi | 65 | $27,889,875 | $315,000 | $429,075 |
| 38139 | Germantown, TN 38139 | 17.5 mi | 68 | $49,873,852 | $628,750 | $733,439 |
| 38138 | Germantown, TN 38138 | 19.1 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38115 | Memphis, TN 38115 | 20.6 mi | 69 | $9,758,946 | $132,500 | $141,434 |
| 38685 | Waterford, MS 38685 | 20.8 mi | 6 | $1,459,800 | $149,000 | $243,300 |
| 38119 | Memphis, TN 38119 | 20.9 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38672 | Southaven, MS 38672 | 22.3 mi | 111 | $45,099,411 | $398,450 | $406,301 |
| 38016 | Cordova, TN 38016 | 23.0 mi | 149 | $49,009,229 | $325,000 | $328,921 |
| 38120 | Memphis, TN 38120 | 23.1 mi | 96 | $68,256,192 | $487,000 | $711,002 |
As of January 2026, there are 1 active listings in RED BANKS, MS (zip code 38661), compared to 5 the prior year.
The median listing price in RED BANKS, MS 38661 is $180,000 as of January 2026, a 57.3% decrease from $422,000 the prior year.
Homes in RED BANKS, MS 38661 spend an average of 194 days on the market before going under contract, compared to 14 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RED BANKS, MS 38661 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 194 days on market compared to 14 days last year.
With SELL123.com's maximum 3% commission, sellers in RED BANKS, MS 38661 save an estimated $3,600 compared to a typical 5% commission on the median listing price of $180,000. 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.