Zip lookup · MS

38651
Nesbit, Mississippi.

Nesbit, DeSoto County, MS · Memphis, TN-MS-AR metro · population 8,731

What it costs per month · 38651 $1,886/mo

to buy the typical home at today's mortgage rate — +$925 (+96%) since Jan 2020.

What the home itself did
1 year
Up $7,386 +2%
$352,033$359,418 since Sep 2025
5 years
Up $50,929 +17%
$308,490$359,418 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 38651 $1,886 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 38651$1,886
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 23 years.

Typical home values in zip 38651 rose 2.1% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Nesbit, MS — measured over the city limits, which is a different area from this zip.

Typical home value $359,418 as of Sep 2026
+2.1%year on year

Typical home value — 38651

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 38651 $359,418 Memphis $242,102 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 38651$359,418
  • Memphis$242,102
  • United States$366,157

Within 20 miles

Showing 30 of 33 zips in range — sorting picks from all 33.

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
4.4 38672 Southaven 16,436 $2,304 $334,790
4.9 38637 Horn Lake 26,647 $1,485 $201,738
5.0 38671 Southaven 37,319 $1,505 $233,503
6.4 38632 Hernando 31,374 $2,167 $347,508
9.3 38680 Walls 6,839 $1,667 $260,300
9.7 38116 Memphis 40,061 $928 $151,252
10.4 38641 Lake Cormorant 2,450 — $326,903
10.6 38654 Olive Branch 57,898 $1,832 $333,948
10.8 38118 Memphis 39,107 $1,178 $120,452
12.0 38141 Memphis 23,952 $1,570 $188,113
12.3 38109 Memphis 42,452 $1,151 $87,744
13.7 38618 Coldwater 9,866 — $244,490
13.8 38115 Memphis 38,491 $1,029 $160,944
14.2 38114 Memphis 20,298 $929 $70,758
14.6 38106 Memphis 20,962 $908 $54,692
15.2 38125 Memphis 43,071 $1,516 $275,797
15.5 38111 Memphis 41,934 $1,280 $130,811
15.8 38119 Memphis 23,464 $1,472 $288,176
16.4 38117 Memphis 25,776 $1,466 $264,140
16.4 38126 Memphis 5,946 — $72,413
16.6 38104 Memphis 22,634 $1,265 $248,684
17.7 38138 Germantown 25,167 $2,259 $429,441
17.8 38112 Memphis 16,809 $1,233 $120,382
18.0 38105 Memphis 5,534 $1,101 $107,372
18.2 38120 Memphis 13,309 $1,563 $422,325
18.3 38103 Memphis 14,534 $1,538 $319,364
18.9 38122 Memphis 26,021 $1,119 $120,792
19.0 38611 Byhalia 16,537 — $274,657
19.3 38107 Memphis 13,912 $1,227 $103,875
19.4 38139 Germantown 16,466 — $585,243

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.