38603
Falkner, Mississippi.
Falkner, Benton County, MS · population 2,530
to buy the typical home at today's mortgage rate — +$355 (+80%) since Jan 2020.
- 1 year
- Up $10,055 +7%
- $141,848$151,903 since Sep 2025
- 5 years
- Up $8,601 +6%
- $143,301$151,903 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 38603$797
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 59 years.
Typical home values in zip 38603 rose 7.1% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Benton County, MS 96% · Tippah County, MS 4%
Zillow also publishes an index for the city itself: Falkner, MS — measured over the city limits, which is a different area from this zip.
Typical home value — 38603
Mid-tier homes, smoothed and seasonally adjusted.
- 38603$151,903
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 8.6 | 38629 | Falkner | 2,028 | — | $149,299 |
| 9.3 | 38647 | Michigan City | 994 | — | $156,514 |
| 12.5 | 38642 | Lamar | 2,126 | — | $183,159 |
| 14.0 | 38633 | Hickory Flat | 2,212 | — | $159,113 |
| 14.1 | 38674 | Tiplersville | 1,514 | — | $151,292 |
| 14.4 | 38610 | Blue Mountain | 3,121 | — | $143,359 |
| 15.2 | 38039 | Grand Junction | 1,305 | — | $152,749 |
| 15.4 | 38663 | Ripley | 11,319 | — | $138,011 |
| 17.3 | 38683 | Walnut | 3,952 | — | $142,645 |
| 17.8 | 38067 | Saulsbury | 1,830 | — | $145,356 |
| 18.2 | 38659 | Potts Camp | 1,999 | — | $158,956 |
| 19.6 | 38057 | Moscow | 3,563 | — | $282,679 |
| 19.8 | 38635 | Holly Springs | 15,503 | — | $169,598 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.