38685
Waterford, Mississippi.
Waterford, Marshall County, MS · Memphis, TN-MS-AR metro · population 1,301
to buy the typical home at today's mortgage rate — +$410 (+74%) since Feb 2021.
- 1 year
- Up $1,764 +1%
- $182,404$184,167 since Sep 2025
- 5 years
- Up $10,246 +6%
- $173,922$184,167 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.
- 38685$967
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 61 years.
Typical home values in zip 38685 rose 1.0% over the past year — slower than the nation's +1.2%.
This zip spans 2 counties: Marshall County, MS 94% · Lafayette County, MS 6%
Zillow also publishes an index for the city itself: Waterford, MS — measured over the city limits, which is a different area from this zip.
Typical home value — 38685
Mid-tier homes, smoothed and seasonally adjusted.
- 38685$184,167
- Memphis$242,102
- 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 |
|---|---|---|---|---|---|
| 8.1 | 38601 | Abbeville | 2,507 | — | $246,900 |
| 9.7 | 38659 | Potts Camp | 1,999 | — | $158,956 |
| 11.9 | 38635 | Holly Springs | 15,503 | — | $169,598 |
| 16.9 | 38633 | Hickory Flat | 2,212 | — | $159,113 |
| 17.3 | 38627 | Etta | 1,145 | — | $208,563 |
| 18.3 | 38655 | Oxford | 46,156 | $2,338 | $416,033 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.