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Real Estate Market Evaluation

Walls,

Mississippi

 

Investment Opportunities

About Walls

Walls, Mississippi is a growing community located in northwest DeSoto County, just 20 miles south of downtown Memphis. Though smaller than some of its neighboring cities, Walls is strategically positioned within one of the most economically active regions in the Mid-South. The town’s location near Interstate 69, Interstate 55, and U.S. Highway 61 provides excellent connectivity to the greater Memphis metropolitan area, making it a practical and affordable choice for those who work in or around the logistics and industrial hubs that define this region. Its proximity to major employment centers, expanding infrastructure, and low cost of living make Walls a promising location for long-term real estate investment.
With a population of roughly 1,400 residents, Walls retains a small-town atmosphere while being part of a rapidly growing county. DeSoto County is one of the fastest-expanding areas in Mississippi, supported by strong job growth, affordable housing, and a diverse business base. Walls benefits directly from the industrial and logistics expansion of nearby Southaven and Horn Lake, both of which serve as regional centers for transportation, manufacturing, and warehousing. The area’s proximity to the Memphis International Airport and the region’s intermodal freight terminals makes it a natural extension of the greater Memphis logistics corridor—home to Fortune 500 companies such as FedEx, Nike, and International Paper. These connections strengthen local employment opportunities and ensure steady rental demand for quality housing.
Investors are drawn to Walls because of its affordability and accessibility. Property values remain below those of nearby Olive Branch or Southaven, yet the region enjoys the same structural advantages—low property taxes, modest insurance costs, and favorable rent-to-price ratios. The area’s consistent housing demand is fueled by the region’s expanding labor market and the continued influx of new businesses into DeSoto County. In recent years, development along Goodman Road and Highway 61 has increased, bringing in retail centers, restaurants, and service providers that enhance both livability and long-term value. This measured growth supports steady appreciation without compromising the affordability that makes the market attractive to investors seeking stable returns.
Walls also benefits from being part of the DeSoto County School District, one of the top-rated districts in the state, and from its access to nearby higher education options, including Delta Technical College and the University of Memphis. The town is within minutes of major shopping and entertainment destinations in Southaven, including Tanger Outlets, Snowden Grove Park, and the BankPlus Amphitheater, which attract both residents and visitors from across the region. This convenient mix of employment access and amenities adds to the area’s appeal for long-term tenants who want affordability without sacrificing proximity to urban conveniences.
From an investor perspective, Walls represents a strong emerging submarket within the Memphis MSA. It combines the advantages of regional economic growth with manageable entry prices, strong rental performance, and minimal regulatory complexity. Mississippi’s business-friendly climate, low property tax structure, and efficient legal system contribute to attractive net yields and scalability for portfolio investors. As DeSoto County continues to experience industrial expansion and population growth, Walls is well-positioned to benefit from these broader regional trends. For investors focused on long-term stability, consistent cash flow, and growth potential within one of the South’s strongest rental markets, Walls offers a compelling opportunity that aligns with sound investment fundamentals.
redfin.com/city/25741/MS/Walls/housing-market
zillow.com/walls-ms/home-values
datausa.io/profile/geo/walls-ms
census.gov/quickfacts/fact/table/wallstownmississippi
desotocountyms.gov/economic-development

Walls

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📊 9-point market evaluation

1.Strong Economy
Walls benefits from its position within the Memphis metropolitan area, one of the nation’s leading logistics and distribution centers. The local economy is influenced by nearby employment hubs in Southaven, Horn Lake, and Memphis, where major employers such as FedEx, Nike, and Amazon provide stable, long-term job growth. The region’s continued industrial expansion supports housing demand and economic stability.
2.Stable Appreciation
Home values in Walls have shown consistent year-over-year appreciation, supported by DeSoto County’s population growth and limited new housing supply. The market’s affordability and proximity to major employers create balanced, sustainable value increases rather than speculative spikes.
3.upply and Demand
Walls remains an undersupplied housing market relative to regional population and job growth. The influx of workers from the expanding Memphis logistics and manufacturing sectors fuels rental demand, while limited new construction ensures strong occupancy and predictable rent performance for investors.
4.Quality Properties
The area includes newer residential developments and well-built single-family homes designed for modern living and efficient maintenance. New construction communities like Baker Estates nearby offer energy-efficient layouts that appeal to long-term tenants seeking convenience and value.
5.Quality Neighborhoods
Walls is part of the greater DeSoto County area, known for its well-maintained infrastructure, public parks, and access to high-quality schools and healthcare. Its proximity to shopping, recreation, and employment in Southaven enhances neighborhood appeal and supports long-term tenant retention.
6.High Rents (Relative to Price)
Investors in Walls benefit from strong rent-to-price ratios compared to larger surrounding markets. Home prices average around $260,000 while rent levels remain competitive, generating higher yields and more stable monthly cash flow than comparable suburban areas.
7.Low Taxes and Rates
Mississippi’s low property tax structure and affordable insurance rates make Walls particularly attractive for investors focused on net returns. The state’s business-friendly tax policies and lower cost of living contribute to favorable investment conditions across the region.
8.Favorable Weather
Walls experiences a mild, four-season climate with limited exposure to extreme weather risks such as hurricanes or heavy snowfall. This contributes to lower long-term maintenance and insurance costs compared to other parts of the country.
9.Efficient Legal Environment
Mississippi maintains a landlord-friendly legal framework that allows for efficient leasing and property management. The absence of rent control, straightforward eviction processes, and predictable regulations create a secure and transparent environment for real estate investors.

Walls Real Estate

The real estate market in Walls, Mississippi is experiencing steady growth driven by regional job expansion and its proximity to Memphis. Median home prices remain affordable at around $260,000, providing strong rent-to-price ratios and stable cash flow opportunities for investors. With low property taxes, limited new housing supply, and rising demand from workers in nearby logistics and industrial sectors, Walls offers an attractive environment for single-family rental investment. Continued population and business growth in DeSoto County further reinforce its long-term potential for appreciation and consistent occupancy.

redfin.com/city/25741/MS/Walls/housing-market
zillow.com/walls-ms/home-values
datausa.io/profile/geo/walls-ms
census.gov/quickfacts/wallstownmississippi

25 Homesites
0 For Sale
0 Coming Soon
0 Pending
25 Sold
Kaitlyn Drive East, Walls, MS 38680
🛏️ 4 Beds
🛁 2.5 Baths
🏡 1,900 SF
Kaitlyn Drive East, Walls, MS 38680
🛏️ 5 Beds
🛁 3 Baths
🏡 2,200 SF
Lakeside Circle South, Walls, MS 38680
🛏️ 5 Beds
🛁 3 Baths
🏡 2,200 SF
Lakeside Circle South, Walls, MS 38680
🛏️ 4 Beds
🛁 2.5 Baths
🏡 2,223 SF
Lakeside Circle South, Walls, MS 38680
🛏️ 4 Beds
🛁 2.5 Baths
🏡 1,964 SF
Lakeside Circle South, Walls, MS 38680
🛏️ 5 Beds
🛁 3 Baths
🏡 2,200 SF

Come tour Walls in person.

Meridian will fly you and a guest to Memphis to tour available properties, meet our team, and explore the market firsthand—at no cost to qualified investors.

Subdivisions In Walls

Mallard Park
Walls, Mississippi 38680

Mallard Park in Walls, Mississippi invites homebuyers to slow down and experience the joys of country living. With more than 5 unique floor plans available...

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