House Prices

House Prices & Home Values Red Banks, MS 2026


Average Data

average house price$172,560
average size per house2216 ft²
average price per ft²78 $ / ft²

04/18/2026 - The value range (VR) for house prices in Red Banks, MS is $70/ sqft to $70/ sqft. An average home with 2216 sqft costs approximately $155,120 to $155,120. Red Banks, MS includes 1 ZIP codes and it is located in Marshall county. The lowest prices are found in ZIP 38661, while the highest are in ZIP 38661. The average price per sqare feet is $78. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Red Banks

3866174 $ / ft²




Historical development of home values in Red Banks

Year Estimated value (USD) Change vs. 2025
2010 $80,140 -53.6%
2011 $77,041 -55.4%
2012 $76,834 -55.5%
2013 $79,705 -53.8%
2014 $83,669 -51.5%
2015 $87,963 -49.0%
2016 $92,553 -46.4%
2017 $97,549 -43.5%
2018 $102,942 -40.3%
2019 $107,715 -37.6%
2020 $113,283 -34.4%
2021 $128,848 -25.3%
2022 $150,208 -13.0%
2023 $158,401 -8.2%
2024 $167,565 -2.9%
2025 $172,560 0.0%

Graph: estimated home values in Red Banks over time (USD)



Example: 100% financing house in Red Banks

Loan amount: $172,560

Interest rate: 6.00%

Fixed monthly payment: $1,034.58

Breakdown in the 1st month:
Interest portion: $862.80  –  Principal portion: $171.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,295.96 $2,119.06 $170,440.94
2 $10,165.26 $2,249.76 $168,191.19
3 $10,026.50 $2,388.52 $165,802.67
4 $9,879.18 $2,535.83 $163,266.84
5 $9,722.77 $2,692.24 $160,574.60
6 $9,556.72 $2,858.29 $157,716.31
7 $9,380.43 $3,034.58 $154,681.72
8 $9,193.26 $3,221.75 $151,459.97
9 $8,994.55 $3,420.46 $148,039.51
10 $8,783.59 $3,631.43 $144,408.09
11 $8,559.61 $3,855.41 $140,552.68
12 $8,321.81 $4,093.20 $136,459.48
13 $8,069.35 $4,345.66 $132,113.83
14 $7,801.32 $4,613.69 $127,500.14
15 $7,516.76 $4,898.25 $122,601.89
16 $7,214.65 $5,200.36 $117,401.52
17 $6,893.90 $5,521.11 $111,880.41
18 $6,553.37 $5,861.64 $106,018.77
19 $6,191.84 $6,223.17 $99,795.59
20 $5,808.01 $6,607.01 $93,188.59
21 $5,400.50 $7,014.51 $86,174.08
22 $4,967.86 $7,447.15 $78,726.92
23 $4,508.54 $7,906.48 $70,820.45
24 $4,020.88 $8,394.13 $62,426.32
25 $3,503.15 $8,911.86 $53,514.46
26 $2,953.49 $9,461.53 $44,052.93
27 $2,369.92 $10,045.09 $34,007.84
28 $1,750.36 $10,664.65 $23,343.19
29 $1,092.59 $11,322.42 $12,020.77
30 $394.25 $12,020.77 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Red Banks, MS


1500 sqft3900 sqft
Ø selling price$141,571$301,158
Ø fast selling$128,701$271,043
Ø high price sale$154,440$331,274

In 2026, houses in Red Banks, MS will be offered at an average price of $78 per square foot. A 1,500 sqft home priced at $141,571 is 24.24% more expensive per square foot than a 3,900 sqft home priced at $301,158. Home prices in Red Banks, MS vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $208,495. Sellers who can wait longer may achieve a higher price of up to $254,827.


Red Banks, MS: Community and Travel Guide

Location and Overview

Red Banks, MS is a small unincorporated community in Marshall County noted for its quiet rural character.
Set amid rolling fields and woodlands of North Mississippi, Red Banks, Mississippi sits near Mississippi Highway 178 with easy access to I-22/US-78. The community?s post office serves the area under ZIP code 38661, anchoring local identity for residents and visitors.

History and Culture

The name ?Red Banks? reflects the distinctive red clay banks found along nearby creeks that shape the landscape.
Agriculture and small-scale commerce have long defined the town?s rhythm, with churches and family farms at the heart of community life. Historic cemeteries and longtime congregations offer a window into the heritage of Marshall County and the broader Hill Country.

Nature and Things to Do

Outdoor enthusiasts use Red Banks as a peaceful base for exploring the Holly Springs National Forest, birding, and scenic drives on the backroads.
Nearby Holly Springs provides historic homes, seasonal festivals, and local dining that complement a rural getaway.

Getting Around and Nearby Cities

Thanks to its location along Mississippi Highway 178 and close to I-22/US-78, the community is within a short drive of the Memphis metropolitan area for work, shopping, and entertainment.
Travelers will find essential services in nearby towns like Byhalia and Holly Springs, with Red Banks offering a quiet pause along the route through North Mississippi.



FAQ – Home Values in Red Banks

What is the median home value in Red Banks in 2026?

In 2026, the typical home value in Red Banks is about $172,560 for an average home size of 2216 square feet. This corresponds to an average price of roughly $78 per square foot.

What is the average cost per square foot in Red Banks?

In 2026, homes in Red Banks sell for an average of around $78 per square foot, with a typical range between $70 and $70 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Red Banks is about 2216 square feet, with an estimated 2026 value around $172,560.



Locations close to Red Banks, MS

Ripley, MS73 $ / ft²
Robinsonville, MS95 $ / ft²
Sarah, MS103 $ / ft²
Potts Camp, MS72 $ / ft²
Pope, MS95 $ / ft²
Oxford, MS197 $ / ft²
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