38868 — Shannon, MS Home Values
Typical home value $170,567 as of July 2026 · 15th of 25 in Tupelo, MS
Blue: typical home value (Zillow ZHVI) in ZIP code 38868, July 2021 to July 2026. This page shows observed data only; no forecast.
How 38868 compares in the Tupelo, MS area
ZIP code 38868 (Shannon, MS) has a typical home value of $170,567 as of July 2026, ranking 15th of 25 ZIP codes tracked in the Tupelo, MS area, more expensive than about 44% of ZIP codes in the metro. Prices here have moved +8.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +17.3%, from $145,417 in July 2021 to $170,567 in July 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Tupelo, MS forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Tupelo.
Population and demographics
ZIP code 38868 has a population of 4,700, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 57.6% White, 38.4% Black or African American, 2.5% Hispanic or Latino, 1.3% two or more races, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| SHANNON ELEMENTARY SCHOOL | 695 ROMIE HILL AVE., SHANNON, MS | 1.3 mi |
| SHANNON HIGH SCHOOL | 218 CHERRY ST., SHANNON, MS | 1.6 mi |
| SHANNON MIDDLE SCHOOL | 232 Cherry Street, Shannon, MS | 1.7 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 38868?
$170,567 as of July 2026, the latest month Zillow has published observed data for.
Is 38868 an expensive ZIP code in the Tupelo, MS area?
38868 ranks 15th of 25 ZIP codes in the Tupelo, MS area by typical home value, more expensive than about 44% of ZIP codes in the metro.
How much have home values in 38868 changed over the past year?
+8.7% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 38868?
4,700, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 38868?
SHANNON ELEMENTARY SCHOOL (1.3 mi), SHANNON HIGH SCHOOL (1.6 mi), SHANNON MIDDLE SCHOOL (1.7 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 38868?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Tupelo, 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.