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Home values, rents and more in Red Banks, MS

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$256,000
Metro: $242,000 · U.S.: $366,000
Home values, past year
+0.8%
Metro: +0.1% · U.S.: +1.2%
Population
25
ACS 2020–24
ZIP codes around Red Banks, MS, shaded by typical home valueRed Banks
  • Under $190k
  • $190k–$220k
  • $220k–$240k
  • $240k–$260k
  • $260k+
  • No data
ZIP codes around Red Banks, MS, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Red Banks is outlined.

How Red Banks compares

The typical home in Red Banks, MS is worth about $256,000, according to the Zillow Home Value Index for September 2026. Home values in Red Banks are 6% above the typical value in the Memphis metro area ($242,000) and 30% below the U.S. typical value ($366,000).

Over the past year, home values in Red Banks rose 0.8%, compared with +0.1% in the Memphis metro area and +1.2% nationally.

About 25 people live in Red Banks (American Community Survey 2020–24).

Red Banks has the 20th-highest typical home value of the 43 cities in the Memphis metro area and the 21st-highest of 276 in Mississippi with Zillow figures.

Part of: Marshall County, MS · Memphis metro area · Mississippi

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Red Banks, MS

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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