38641
Walls, Mississippi.
Walls, DeSoto County, MS · Memphis, TN-MS-AR metro · population 2,450
to buy the typical home at today's mortgage rate — +$899 (+110%) since Jan 2020.
- 1 year
- Up $9,803 +3%
- $317,101$326,903 since Sep 2025
- 5 years
- Up $54,095 +20%
- $272,808$326,903 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.
- 38641$1,716
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in zip 38641 rose 3.1% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Walls, MS — measured over the city limits, which is a different area from this zip.
Typical home value — 38641
Mid-tier homes, smoothed and seasonally adjusted.
- 38641$326,903
- 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 |
|---|---|---|---|---|---|
| 4.5 | 38680 | Walls | 6,839 | $1,667 | $260,300 |
| 8.3 | 38637 | Horn Lake | 26,647 | $1,485 | $201,738 |
| 9.3 | 38109 | Memphis | 42,452 | $1,151 | $87,744 |
| 10.4 | 38651 | Nesbit | 8,731 | — | $359,418 |
| 10.9 | 38664 | Robinsonville | 3,465 | — | $202,112 |
| 11.5 | 38671 | Southaven | 37,319 | $1,505 | $233,503 |
| 12.6 | 38632 | Hernando | 31,374 | $2,167 | $347,508 |
| 13.2 | 38116 | Memphis | 40,061 | $928 | $151,252 |
| 13.5 | 72348 | Hughes | 2,135 | — | $173,841 |
| 13.6 | 38672 | Southaven | 16,436 | $2,304 | $334,790 |
| 15.7 | 72301 | West Memphis | 23,959 | $1,200 | $131,658 |
| 15.8 | 38106 | Memphis | 20,962 | $908 | $54,692 |
| 17.0 | 38118 | Memphis | 39,107 | $1,178 | $120,452 |
| 17.2 | 38126 | Memphis | 5,946 | — | $72,413 |
| 17.3 | 38114 | Memphis | 20,298 | $929 | $70,758 |
| 18.6 | 38103 | Memphis | 14,534 | $1,538 | $319,364 |
| 18.7 | 38104 | Memphis | 22,634 | $1,265 | $248,684 |
| 18.9 | 38105 | Memphis | 5,534 | $1,101 | $107,372 |
| 19.2 | 38676 | Tunica | 4,995 | — | $147,509 |
| 19.6 | 38111 | Memphis | 41,934 | $1,280 | $130,811 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.