Area data
Red banks, MS — ZIP 38661
Population: 2,126 (Census ACS)
The median home value in ZIP 38661 (Red banks, MS) is $238,921 — up 1.0% over the past year. Homes sell for a median $292,500 after a median 15 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coldwave, earthquake, heatwave the top-rated hazards. Cost of living is 15.0% below the US average (BEA, metro/state-level).
$238,921
Median home value
+1.0%
1-year change
15
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $238,921
- 1-year appreciation
- +1.0%
- 3-year appreciation
- +12.1%
- 5-year appreciation
- +20.9%
- 10-year appreciation
- +80.2%
- All-time peak (2026-04)
- $243,638
- House Price Index (state)
- 322.1 (+3.8% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $292,500
- Median list price
- $310,000
- Median price per sqft
- $174
- 1-year sale-price change
- +17.0%
- Median days on market
- 15 days
- Homes sold (recent period)
- 4
- Sale-to-list ratio
- 99.7%
- Active listings
- 2
- 1-year forecast
- +0.7%
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $705/mo
- 1BR fair-market rent
- $882/mo
- 2BR fair-market rent
- $1,046/mo
- 3BR fair-market rent
- $1,360/mo
- 4BR fair-market rent
- $1,569/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Low)
- 85.0 (100 = US avg)
- Electricity rate (state-level)
- 14.0¢/kWh
- Natural gas rate (state-level)
- $16.60/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- coldWave, earthquake, heatWave, lightning, tornado
- Notable hazard ratings (county)
- coldWave: Relatively Moderate · drought: Relatively Low · earthquake: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Moderate · iceStorm: Relatively Low
- FEMA flood zone
- X
- Flood risk level
- Minimal
- Wildfire risk to homes (county)
- Higher than 73% of US counties
- Buildings in wildfire direct-exposure zone
- 88.5%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Ross Metals Inc. (10.5 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 60.0°F
- Average high
- 71.0°F
- Average low
- 50.0°F
- Annual precipitation
- 58.1 in
- USDA plant hardiness zone
- 7b (extreme annual low 5 to 10°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 3.2 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 15,645
- Jobs reachable by transit (45 min)
- 14,708
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Brices Cross Roads National Battlefield Site (54 mi)
- Airports within 30 mi
- 28
- Nearest airport
- Schloss Adlers Airport (6 mi)
- Nearest major airport
- Memphis International Airport (MEM) (26 mi)
- Hospitals nearby (~15 mi)
- 7
- Hospitals include
- METHODIST HEALTHCARE - OLIVE BRANCH HOSPITAL, PARKWOOD BEHAVIORAL HEALTH SYSTEM, ALLIANCE HEALTHCARE SYSTEM, INC
- Avg hospital rating (CMS)
- 3.0 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Fair (4.4 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +145 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,996
- Housing built before 1970
- 9.3%
- Housing built 2000 or later
- 47.4%
- Median annual property tax
- $1,174
- Households with broadband internet
- 58.6%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 10,001
- Average weekly wage
- $917
- Top industries (by employment)
- Administrative Services, Construction, Accommodation & Food
- Annual residential building permits (county)
- 306
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 38661 | State median | US median | |
|---|---|---|---|
| Median home value | $238,921 | $154,088 | $289,727 |
| Median sale price | $292,500 | $224,950 | $325,000 |
| Median days on market | 15 days | 50 days | 51 days |
| Median annual property tax | $1,174 | $859 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 38661?
- $238,921.
- What is the median sale price in ZIP 38661?
- $292,500.
- How long do homes take to sell in ZIP 38661?
- Median days on market: 15 days.
- What is typical rent in ZIP 38661?
- 2-bedroom fair-market rent: $1,046/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in ZIP 38661?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coldWave, earthquake, heatWave, lightning, tornado.
- Is ZIP 38661 in a flood zone?
- Minimal (FEMA NFIP). FEMA flood zone X.
- What is the wildfire risk in ZIP 38661?
- Risk to homes is higher than 73% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 38661?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 38661?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- Is ZIP 38661 walkable?
- Walkability index: 3.2/20 (EPA Smart Location Database).
- What is the cost of living in ZIP 38661?
- Regional Price Parity: 85.0 (100 = US average) (Low) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →