Red Banks, MS 38661 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Red Banks, MS—38661

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$226,000

4.1% YoY Growth

Household Income

$62,100

80.0% YoY Growth

Days on Market

N/A

Home Price Forecast

0.7%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Red Banks, MS

As of Dec '25, the median home price in Red Banks, MS is $226,000, with a year-over-year change of 4.1%. This indicates that home prices in Red Banks, MS are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$226,000	4.1%
Single Family	$226,000	3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Red Banks, MS

Red Banks, MS lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
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	N/A	N/A

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% of Rental Stock

3 Bedrooms

100.0%

Property Listings — Red Banks, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in Red Banks, MS is 131. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	2.9%	N/A
Days on Market	N/A	N/A

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Demographics — Red Banks, MS

As of the latest ACS Survey released in 2023, Red Banks, MS has a population of 1,810, which has decreased by -2.8% over the past 5 years. Red Banks, MS is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,810	-2.8%
% Under 18	19.9%	-2.9%
% Seniors	37.3%	104.9%
% WFH	0.0%	-100.0%
% w/ College Degree	12.7%	144.2%

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As of the latest ACS Survey released in 2023, Red Banks, MS is a predominantly black area, with 50.6% of the population identifying as black. The black population has grown by 95.4% in the last 5 years. The second most common race or ethnicity in Red Banks, MS is white, making up 46.6% of the population. Foreign-born residents account for 1.2% of the population in Red Banks, MS, and this percentage has decreased by 50.0% 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	46.6%	-29.1%
% Black	50.6%	95.4%
% Hispanic	1.9%	-77.4%
% Asian	0.0%	N/A
% Foreign Born	1.2%	-50.0%

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Mortgage and Risk — Red Banks, MS

Red Banks, 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

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Rentals and Section 8 — Red Banks, MS

Red Banks, 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	$920
2 Bedroom	N/A	N/A	$1,190
3 Bedroom	N/A	N/A	$1,450
4 Bedroom	N/A	N/A	$1,850

Red Banks, MS—38661

Key Metrics at a Glance

Home Price Trends — Red Banks, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Banks, MS

% of Rental Stock

Property Listings — Red Banks, MS

Demographics — Red Banks, MS

Race and Ethnicity

Mortgage and Risk — Red Banks, MS

Mortgages

Rentals and Section 8 — Red Banks, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Banks, MS

Home Price to Income Ratio

Red Banks, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Byhalia, MS

Holly Springs, MS

New Bethel, TN

Collierville, TN

Lamar, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$226,000
Median Household Income	$62,100

Red Banks, MS—38661

Key Metrics at a Glance

Home Price Trends — Red Banks, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Banks, MS

% of Rental Stock

Property Listings — Red Banks, MS

Demographics — Red Banks, MS

Race and Ethnicity

Mortgage and Risk — Red Banks, MS

Mortgages

Rentals and Section 8 — Red Banks, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Banks, MS

Home Price to Income Ratio

Red Banks, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Byhalia, MS

Holly Springs, MS

New Bethel, TN

Collierville, TN

Lamar, MS

Frequently Asked Questions

What is the average home price in Red Banks, MS 38661?

How have home prices in Red Banks, MS 38661 changed over the past year?

What is the home price projection for Red Banks, MS 38661?

What are the demographics of Red Banks, MS 38661?

How long does it take homes to sell in Red Banks, MS 38661?

What is the average rent price in Red Banks, MS 38661?