U.S. ZIP Code · MS38659
Marshall County · Memphis, TN-MS-AR
Appreciation
- 1-year
- +6.3%
- 5-year / yr
- +2.3%
- 10-year / yr
- +5.4%
Relative price
- vs U.S.
- -43.0%
- vs metro
- -31.5%
- vs state
- +6.6%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 38659 is worth $161,859 — 31.5% below the Memphis, TN-MS-AR median. Over the past year, values have risen 6.3%. The effective property tax rate is 0.4%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Marshall County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Low[4]
- Riverine flood
- Relatively Low
- Coastal flood
- Not Applicable
- Wildfire
- Relatively Low
- Drought
- Relatively Low
- Heat wave
- Relatively Moderate
- Hurricane
- Very Low
- Tornado
- Relatively Moderate
- Earthquake
- Relatively Moderate
- Winter weather
- Very Low
#Who lives here
#Migration
Household moves in and out of Marshall County over a year, from IRS tax-return data.
- Net migration
- +162[5]
- Moved in
- 1,131
- Moved out
- 969
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 3
- Elementary
- 1
- Middle
- 0
- High
- 1
POTTS CAMP HIGH SCHOOL (5-12)
High · Grades 5–12 · MARSHALL CO SCHOOL DIST
358 students
MARY REID SCHOOL (K-4)
Elementary · Grades K–4 · MARSHALL CO SCHOOL DIST
247 students
ALTERNATIVE LEARNING SCHOOL
Other · Grades PK–12 · MARSHALL CO SCHOOL DIST
0 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 38659?
- The typical home in 38659 is worth $161,859, based on the Zillow Home Value Index.
- Are home values rising in 38659?
- Home values in 38659 are up 6.3% over the past year, and up 2.3% a year over five years.
- What is the property tax rate in 38659?
- The effective property tax rate in 38659 is 0.4% — roughly $720 a year on a typical home.
- Who lives in 38659?
- ZIP code 38659 has a population of 1,999 and a median household income of $39,593.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Hickory Flat, MS
- Typical home
- $162,804
- Gross yield
- —
Dundee CDP, MS
- Typical home
- $165,401
- Gross yield
- —
Memphis, TN
- Typical home
- $158,219
- Gross yield
- 6.9%
Hughes, AR
- Typical home
- $165,807
- Gross yield
- —
Memphis, TN
- Typical home
- $167,421
- Gross yield
- 7.6%
Holly Springs, MS
- Typical home
- $170,966
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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