Walls, MS housing market
The typical Walls home is worth about $258,000, up 1.5% in a year, 31% above the Mississippi typical home.
Home values, sales, trends and how Walls compares with the towns next door — updated as new data is published.
Walls at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Walls | Mississippi |
|---|---|---|
| 2017 | $145,000 | $138,000 |
| 2018 | $153,000 | $140,000 |
| 2019 | $164,000 | $144,000 |
| 2020 | $176,000 | $150,000 |
| 2021 | $197,000 | $162,000 |
| 2022 | $225,000 | $185,000 |
| 2023 | $247,000 | $188,000 |
| 2024 | $250,000 | $188,000 |
| 2025 | $255,000 | $195,000 |
| 2026 | $256,000 | $195,000 |
| August 2026 | $258,000 | $198,000 |
8 new homes permitted in 2025
Builders were permitted 8 new homes in Walls in 2025, all single-family houses. That's 5.6 per 1,000 residents, faster than across Mississippi (4). Over the past 10 years, Walls has permitted 128 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Walls gained 189 residents while 117 new homes were permitted: about 1.6 new residents per new home. Building and growth moved roughly in step.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 5 | 5 | 0 | $406,000 |
| 2025 | 8 | 8 | 0 | $649,000 |
| 2024 | 7 | 7 | 0 | $568,000 |
| 2023 | 8 | 8 | 0 | $649,000 |
| 2022 | 10 | 10 | 0 | $812,000 |
| 2021 | 12 | 12 | 0 | $970,000 |
| 2020 | 9 | 9 | 0 | $744,000 |
| 2019 | 10 | 10 | 0 | $772,000 |
| 2018 | 5 | 5 | 0 | $631,000 |
| 2017 | 27 | 27 | 0 | $2 million |
| 2016 | 32 | 32 | 0 | $2.5 million |
| 2015 | 12 | 12 | 0 | $979,000 |
| 2014 | 3 | 3 | 0 | $234,000 |
| 2013 | 4 | 4 | 0 | $289,000 |
| 2012 | 6 | 6 | 0 | $705,000 |
| 2011 | 3 | 3 | 0 | $375,000 |
| 2010 | 15 | 15 | 0 | $1.2 million |
| 2009 | 14 | 14 | 0 | $1.2 million |
| 2008 | 1 | 1 | 0 | $89,000 |
| 2007 | 34 | 34 | 0 | $3.1 million |
| 2006 | 24 | 24 | 0 | $4.1 million |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
Walls's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.4 years of income
The typical Walls home costs about 4.4 years of the town's median household income, more than across Mississippi (3.5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,190
HUD's Fair Market Rent for a two-bedroom in Walls is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Walls pay a median of $1,200. A two-bedroom takes about 24% of the town's median household income.
Studio $980 · 4 bedrooms $1,800
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38641, 38680; Memphis, TN-MS-AR HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Walls
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.