Walls, Mississippi.
Typical home $260,191 (+1.2% in a year), asking rent $1,667 . Memphis, TN-MS-AR metro.
to buy the typical home at today's mortgage rate — +$717 (+111%) since Jan 2020.
- 1 year
- Up $3,184 +1%
- $257,007$260,191 since Sep 2025
- 5 years
- Up $41,950 +19%
- $218,241$260,191 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.
- Walls$1,366
- Mississippi$1,021
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in Walls, MS rose 1.2% over the past year — in step with the nation.
Living in Walls, DeSoto County, Mississippi
Walls is a town of 1,351 people in DeSoto County. Unemployment in DeSoto County was 3.2% in August 2026, and the county had 0.8% more jobs in 2025 than the year before. The most people in DeSoto County work in schools and health care, then transport and warehouses.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Walls is a small town in DeSoto County, Mississippi, with a population that is small enough for people to know one another. Typical home values and rents here sit in a middle range, and household incomes across DeSoto County are comfortable by Mississippi standards. Fewer adults hold a four-year degree than in many suburban areas, and a fair number of residents work from home. Winters are cool, with highs near the middle of the range for the Mid-South and lows around freezing, and snow is rare. Summers are hot, and rain falls steadily through the year.
Work. Residents work mostly in schools, hospitals and social care, in transport, warehouses and utilities, in manufacturing, and in shops. Across DeSoto County, the largest workplaces include the county school district, Milwaukee Tool and FedEx. Unemployment across the county is a little lower than it was a year ago, and the number of jobs has edged up slightly.
Things to do. Mud Lake and T. O. Fuller State Park, a protected area, are both a short drive away. For a day out in Memphis, a longer drive away, options include the Memphis Zoo, the National Civil Rights Museum and the Blues Hall of Fame, a museum devoted to blues music.
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- 20%of adults have a degree
- 13%work from home
What people in DeSoto County work in
Employed residents by industry, from the Census survey. DeSoto County had 73,213 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 50° and lows near 30°; warmest in August, with highs near 90° and lows near 69°. About 2 inches of snow and 57 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Hernando weather station, 12 miles away (NOAA).
Largest workplaces in DeSoto County
- Desoto CO School DistSchool district4,483FTE
- Milwaukee ToolDrills, handheld power-driven, manufacturing2,278
- FedExCourier and express delivery services2,253
- Baptist MEM Hospital DesotoGeneral hospital1,457FTE
- AmazonGeneral warehousing and storage1,225
- Hyve SolutionsComputer servers manufacturing1,043
- AmazonGeneral warehousing and storage956
- WalmartGeneral warehousing and storage771
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 180 workplaces with 20 or more staff, 30,802 people in all across the county; Walls has two of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Heat wavesRelatively high
- TornadoesRelatively high
- Cold wavesRelatively high
- DroughtRelatively moderate
- EarthquakesRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Walls’ census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on DeSoto County and the Memphis, TN-MS-AR metro.
Walls home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Walls$260,191
- Mississippi$194,531
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Walls15
New listings per month
Sellers arriving at the market.
- Walls6
Zip codes with a Walls address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Walls — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Walls
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 38680 | Walls | 6,839 | $1,667 | $260,300 |
| 38641 | Lake Cormorant | 2,450 | — | $326,903 |