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Featured local agent — Red Banks, MS
Sarah Mitchell
Compass Real Estate · Red Banks, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Red Banks, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$297,500median sale price
How is the Red Banks, MS housing market right now?
The median home sale price in Red Banks, MS is $297,500. Homes sell in an average of 65 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Red Banks a buyer's or seller's market?
Red Banks, MS is currently a seller's market, based on 0.5 months of supply and homes selling in about 65 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
65
Average pace
Active listings
1
0.5 months supply
Sale-to-list
100.0%
Above asking
What does the Red Banks housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $297,500 |
| Median list price | $299,000 |
| Average days on market | 65 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $178/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Red Banks by property type?
How the Red Banks, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $297,500 | $178/sq ft | 2 | 65 days |
Source: Redfin · Updated monthly
The Red Banks housing market is currently classified as a seller's market with a median sale price of $297,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 65 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Red Banks
There are currently 1 homes listed for sale in Red Banks, Mississippi. The median listing price is $299K.
Active listings
1
Homes on market
Median list price
$299K
Avg. days on market
65
Days until sale
New this week
1
Newly listed
Who lives in Red Banks?
Population
58
Median age
72.4 years
Owner-occupied
100.0%
College grads
53.4%
Source: U.S. Census Bureau ACS
What are homes worth in Red Banks?
Zillow home value
$256,726
Source: Zillow Research
What is it like to live in Red Banks?
Red Banks is a community of approximately 0K residents with a median age of 72.4 years. 53.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Red Banks offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Red Banks, MS?
Want a head-to-head view? Compare Red Banks side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Red Banks?
The median home sale price in Red Banks is $297,500, down 0.0% from last year.
How long do homes stay on market in Red Banks?
Homes typically spend 65 days on market before going under contract.
Is Red Banks a buyer's or seller's market?
With 0.5 months of supply, Red Banks is currently a seller's market.
What is the Zillow home value estimate for Red Banks?
The Zillow Home Value Index (ZHVI) for Red Banks is $256,726, representing the typical home value in the area.
How much does a single-family home cost in Red Banks?
The median single-family home price in Red Banks, MS is $297,500 (about $178 per square foot).
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