38720 — Alligator, MS Home Values
Typical home value $84,640 as of June 2026 · 1st of 3 in Clarksdale, MS
Blue: typical home value (Zillow ZHVI) in ZIP code 38720, June 2021 to June 2026. This page shows observed data only; no forecast.
How 38720 compares in the Clarksdale, MS area
ZIP code 38720 (Alligator, MS) has a typical home value of $84,640 as of June 2026, ranking 1st of 3 ZIP codes tracked in the Clarksdale, MS area, the most expensive ZIP code in the metro. Prices here have moved -15.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed -34.5%, from $129,264 in June 2021 to $84,640 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Clarksdale, MS forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Clarksdale.
Population and demographics
ZIP code 38720 has a population of 549, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 61.9% White, 36.4% Black or African American, 1.5% Hispanic or Latino, and 0.2% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| BROOKS ELEM SCHOOL | 615 School Street, DUNCAN, MS | 5.3 mi |
| NORTHSIDE HIGH SCHOOL | 1305 MARTIN LUTHER KING DRIVE, SHELBY, MS | 11.3 mi |
| COAHOMA COUNTY JR/SR HIGH SCHOOL | 1535 Lee Drive, CLARKSDALE, MS | 12.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 38720?
$84,640 as of June 2026, the latest month Zillow has published observed data for.
Is 38720 an expensive ZIP code in the Clarksdale, MS area?
38720 ranks 1st of 3 ZIP codes in the Clarksdale, MS area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 38720 changed over the past year?
-15.2% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 38720?
549, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 38720?
BROOKS ELEM SCHOOL (5.3 mi), NORTHSIDE HIGH SCHOOL (11.3 mi), COAHOMA COUNTY JR/SR HIGH SCHOOL (12.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 38720?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Clarksdale, MS forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.