Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$224,165+1.9% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$48,594About 0.7× the local median income ($65,345): affordable for a typical household
Days on market80 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.4%Zillow expects prices to rise slightly
The typical home in Gulfport-Biloxi, MS is worth $224,165, up 1.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $218,473, so the area is 2.6% overvalued. It is a balanced market: homes take about 80 days to sell, listings are up 8% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 1.4% over the next year. A household needs about $48,594 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,345. Typical rent is $1,422 a month, or $1,662 for a house. In the latest IRS figures, 1,462 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$224,165
Change in 1 year
+1.9%
Overvalued %
+2.6%
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Fair home value
$218,473
Change in 5 years
+17.8%
Zillow forecast, next 12 months
+1.4%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,215
Income needed to afford it
$48,594
Property tax rate
0.67%
Rent and investing
Typical rent
$1,422
Typical rent for houses
$1,662
Price-to-rent ratio
13.1×
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HUD Fair Market Rent, 2 bedrooms
$1,149
Gross rental yield
7.61%
Cap rate (estimate)
4.95%
Market activity
Listings vs a year ago
+7.6%
Days on market
80
Listings with a price cut
19.2%
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Homes for sale
2,059
Pending sales per 100 listings
31
Asking price per sq ft
$164
People and jobs
Median household income
$65,345
Population change (1 year)
+0.9%
Unemployment rate
6.8%
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Population
431,329
Income adjusted for cost of living
$72,606
Net moves in (IRS)
+1,462
Cost of living (US = 100)
90.0
Schools, risk and environment
School rating (1 to 10)
8.3
FEMA hazard risk score (0 to 100)
91.1
Unhealthy air days a year
0
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Flood risk score
86.4
Wildfire risk score
93.5
Walkability (1 to 20)
6.2
Road, rail and air noise
53 dB
Questions people ask
Is Gulfport-Biloxi, MS overvalued?
Home prices in Gulfport-Biloxi, MS are slightly above what local incomes have historically supported: fair value is about $218,473, so the area is 2.6% overvalued.
Is Gulfport-Biloxi, MS a buyer's or seller's market?
Gulfport-Biloxi, MS is a balanced market: homes take about 80 days to sell, listings are up 8% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Gulfport-Biloxi, MS?
Home values in Gulfport-Biloxi, MS are up 1.9% over the last year. Zillow's forecast for the next 12 months is +1.4%.
How much do you need to earn to buy a home in Gulfport-Biloxi, MS?
A household needs about $48,594 a year to afford the typical home in Gulfport-Biloxi, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,345.