Data as of April 2026. Source: Realtor.com.
The RED BANKS, MS real estate market (38661) currently shows 6 active listings, with 3 pending sales. Homes are averaging 24 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 24 days on market compared to 98 days last year.
The median listing price has risen 1.5% year-over-year, from $427,000 to $433,225.
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 April 2026, there are 6 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 $433,225 as of April 2026, a 1.5% increase from $427,000 the prior year.
Homes in RED BANKS, MS 38661 spend an average of 24 days on the market before going under contract, compared to 98 days the prior year.
Based on current inventory and days-on-market data as of April 2026, RED BANKS, MS 38661 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 24 days on market compared to 98 days last year.
With SELL123.com's maximum 3% commission, sellers in RED BANKS, MS 38661 save an estimated $8,665 compared to a typical 5% commission on the median listing price of $433,225. 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.