The median home in Red Banks, Mississippi is valued at $246,612, up 1.7% year over year. Red Banks is part of the Memphis, TN-MS-AR metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Memphis, TN-MS-AR stress score, crash risk, and 12-month forecast →
Home Value$246,612
+1.7%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MS ins. 28% per HUD.
Enter your income for Red Banks.
$49,322 on $246,612
Affordable — 26.4% of income
Under the 28% guideline.
PITI$1,647
P/I26.4%
Afford$262K
Room+$15K
P&I $1,247Tax $166Ins $233
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Mississippi
Compare Red Banks with other housing markets across Mississippi.
Full Memphis, TN-MS-AR analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Memphis, TN-MS-AR metro.
View Memphis, TN-MS-AR metro →