MS · Metro #133

Gulfport - MS housing market

The Gulfport metro has a typical home value of $221,391, up 0.8% from a year ago. Homes sell in 31 days on average - a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$221,391
+0.8% vs. year ago
Median sale price
$231,751
-0.6% YoY
Median list price
$284,333
Sale-to-list ratio
96.3%
Selling below ask
Days on market
31d
Listings w/ price cut
24.3%
New listings / mo
545
-5.7% YoY
Homes for sale
2,352
+1.7% YoY
Typical rent
$1,426/mo
+5.9% YoY
Context

How to read this data

The typical home value ($221,391) 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 0.8% over the past year. In Gulfport - MS, that means a home worth $219,634 last year is now worth roughly $221,391.

The median sale price , what homes actually close for , is $231,751. Homes are selling at 96.3% 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 24.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 545 new listings hit the market each month in Gulfport - MS. There are currently 2,352 homes for sale, up 1.7% from a year ago.

The typical monthly rent in Gulfport - MS is $1,426, up 5.9% 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$212,978 +2.1% 23.0d
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