MS · Metro #133

Gulfport - MS housing market

The Gulfport metro has a typical home value of $224,666, up 0.9% from a year ago. Homes sell in 31 days on average - a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$224,666
+0.9% vs. year ago
Median sale price
$236,721
+3.1% YoY
Median list price
$286,750
Sale-to-list ratio
96.4%
Selling below ask
Days on market
31d
Listings w/ price cut
25.4%
New listings / mo
572
-6.2% YoY
Homes for sale
2,416
+0.6% YoY
Typical rent
$1,423/mo
+5.4% YoY
Context

How to read this data

The typical home value ($224,666) is the Zillow Home Value Index for the Gulfport - MS metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.9% over the past year. In Gulfport - MS, that means a home worth $222,662 last year is now worth roughly $224,666.

The median sale price , what homes actually close for , is $236,721. Homes are selling at 96.4% of list price, meaning buyers have room to negotiate.

Homes listed in Gulfport - MS sit on the market for roughly 31 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 572 new listings hit the market each month in Gulfport - MS. There are currently 2,416 homes for sale, up 0.6% from a year ago.

The typical monthly rent in Gulfport - MS is $1,423, up 5.4% year over year. For investors, the price-to-rent ratio here is roughly 13x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in MS

MetroHome value1-yr changeDays on market
Jackson - MS$215,136 +2.4% 20.0d
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