Gulfport, MS—39507
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gulfport, MS
As of Oct '25, the median home price in Gulfport, MS is $208,000, with a year-over-year change of 0.7%. This indicates that home prices in Gulfport, MS are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | 0.7% |
| Single Family | $200,000 | 1.5% |
| Condos | $291,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | -0.6% |
3 Bed | $196,000 | 1.0% |
4 Bed | $269,000 | 1.5% |
| 5 Bed | $358,000 | 0.8% |
% of Housing Stock
Rental Trends — Gulfport, MS
As of July '25, Rentcast reports the average rent in Gulfport, MS is $1,750, with a year-over-year rent change of -11.6%. Per bedroom, the median rent as of July '25 in Gulfport, MS is studios: $1,400, 1-bedrooms: $1,180, 2-bedrooms: $1,830, 3-bedrooms: $1,840, 4-bedrooms: $1,700. The most common rental property sizes in Gulfport, MS are 3-bedroom and 2-bedroom, accounting for 35.6% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,750 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,100 | $1,180 |
| 2 Bed Rent | $1,380 | $1,830 |
| 3 Bed Rent | $1,700 | $1,840 |
| 4 Bed Rent | $1,600 | $1,700 |
% of Rental Stock
Property Listings — Gulfport, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Gulfport, MS is 76. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $291,000 | 6.0% |
Listing Count | 180 | 18.0% |
| Listings as % of Homes | 1.1% | 18.0% |
Days on Market | 76 | -15.0% |
Demographics — Gulfport, MS
As of the latest ACS Survey released in 2023, Gulfport, MS has a population of 17,500, which has increased by 6.0% over the past 5 years. Gulfport, MS is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,500 | 6.0% |
% Under 18 | 18.9% | -17.8% |
% Seniors | 18.9% | -2.6% |
% WFH | 6.7% | 168.0% |
% w/ College Degree | 28.9% | 1.8% |
As of the latest ACS Survey released in 2023, Gulfport, MS is a predominantly white area, with 64.7% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Gulfport, MS is black, making up 24.7% of the population. Foreign-born residents account for 3.8% of the population in Gulfport, MS, and this percentage has decreased by 2.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.7% | -3.0% |
% Black | 24.7% | 0.8% |
% Hispanic | 6.2% | 24.0% |
% Asian | 1.2% | 9.1% |
% Foreign Born | 3.8% | -2.6% |
Mortgage and Risk — Gulfport, MS
According to HUD data as of 2023, there were 245 mortgage originations in Gulfport, MS, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Gulfport, MS. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 245 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 4.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Gulfport, MS
As of 2024, the percent of homes in Gulfport, MS under the Section 8 program is 11.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Gulfport, MS, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 447 |
Total Units Section 8 | 407 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 83.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,100 | $910 |
| 2 Bedroom | -$250 | $1,380 | $1,130 |
| 3 Bedroom | -$240 | $1,700 | $1,460 |
| 4 Bedroom | -$40 | $1,600 | $1,560 |
Affordability — Gulfport, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $208,000 |
| Median Household Income | $49,500 |