Active Listings
1
⇩ 80% vs 5 last year
Data as of February 2026. Source: Realtor.com.
The RED BANKS, MS real estate market (38661) currently shows 1 active listings. Homes are averaging 5 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 selling faster, averaging 5 days on market compared to 35 days last year.
The median listing price has fallen 1% year-over-year, from $413,000 to $409,000.
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.
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 | $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 February 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 $409,000 as of February 2026, a 1% decrease from $413,000 the prior year.
Homes in RED BANKS, MS 38661 spend an average of 5 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of February 2026, RED BANKS, MS 38661 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 5 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in RED BANKS, MS 38661 save an estimated $8,180 compared to a typical 5% commission on the median listing price of $409,000. 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.