Walls, MS—38641
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Walls, MS
Home Price Trends — Walls, MS
As of Oct '25, the median home price in Walls, MS is $316,000, with a year-over-year change of 2.0%. This indicates that home prices in Walls, MS are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $316,000 | 2.0% |
| Single Family | $316,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $293,000 | 2.1% |
4 Bed | $388,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Walls, MS
As of July '25, Rentcast reports the average rent in Walls, MS is $2,040, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Walls, MS is 4-bedrooms: $2,040. The most common rental property sizes in Walls, MS are 3-bedroom and 4-bedroom, accounting for 72.1% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,040 | $2,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,040 | $2,040 |
% of Rental Stock
Property Listings — Walls, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Walls, MS is 84. This is a decrease of -27.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 11.0% |
Listing Count | 15 | 157.0% |
| Listings as % of Homes | 1.2% | 157.0% |
Days on Market | 84 | -27.0% |
Demographics — Walls, MS
As of the latest ACS Survey released in 2023, Walls, MS has a population of 2,100, which has decreased by -7.3% over the past 5 years. Walls, MS is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,100 | -7.3% |
% Under 18 | 21.5% | 4.4% |
% Seniors | 14.9% | 15.5% |
% WFH | 0.9% | 0.0% |
% w/ College Degree | 22.8% | 39.0% |
As of the latest ACS Survey released in 2023, Walls, MS is a predominantly white area, with 76.3% of the population identifying as white. The white population has grown by 9.9% in the last 5 years. The second most common race or ethnicity in Walls, MS is black, making up 13.3% of the population. Foreign-born residents account for 3.2% of the population in Walls, MS, and this percentage has decreased by 36.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.3% | 9.9% |
% Black | 13.3% | -37.6% |
% Hispanic | 7.5% | -18.5% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.2% | -36.0% |
Mortgage and Risk — Walls, MS
Walls, MS lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Walls, MS
Walls, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,080 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | -$210 | $2,040 | $1,830 |
Affordability — Walls, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $316,000 |
| Median Household Income | $85,900 |