38868
Shannon, Mississippi.
Shannon, Lee County, MS · Tupelo, MS metro · population 4,371
to buy the typical home at today's mortgage rate — +$428 (+97%) since Jan 2020.
- 1 year
- Up $12,044 +8%
- $153,692$165,736 since Sep 2025
- 5 years
- Up $19,424 +13%
- $146,313$165,736 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.
- 38868$870
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 28 years.
Typical home values in zip 38868 rose 7.8% over the past year — faster than the nation's +1.2%.
This zip spans 4 counties: Lee County, MS 74% · Pontotoc County, MS 15% · Monroe County, MS 7% · Chickasaw County, MS 3%
Zillow also publishes an index for the city itself: Shannon, MS — measured over the city limits, which is a different area from this zip.
Typical home value — 38868
Mid-tier homes, smoothed and seasonally adjusted.
- 38868$165,736
- Tupelo$192,900
- 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 |
|---|---|---|---|---|---|
| 7.2 | 38801 | Tupelo | 29,858 | $1,270 | $208,847 |
| 7.9 | 38862 | Plantersville | 2,024 | — | $168,594 |
| 10.1 | 38860 | Okolona | 5,388 | — | $126,946 |
| 11.8 | 38804 | Tupelo | 16,693 | $1,367 | $204,377 |
| 12.1 | 38858 | Nettleton | 5,442 | — | $155,719 |
| 13.7 | 38826 | Belden | 5,894 | $1,519 | $265,699 |
| 14.6 | 38857 | Mooreville | 4,132 | — | $227,708 |
| 17.3 | 38866 | Saltillo | 12,429 | — | $245,734 |
| 17.3 | 38863 | Pontotoc | 19,046 | — | $206,459 |
| 19.0 | 38850 | Houlka | 2,972 | — | $148,174 |
| 19.3 | 38851 | Houston | 8,802 | — | $144,955 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.