Biloxi, MS—39530
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Biloxi, MS
As of Oct '25, the median home price in Biloxi, MS is $151,000, with a year-over-year change of -3.7%. This indicates that home prices in Biloxi, MS are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $151,000 | -3.7% |
| Single Family | $146,000 | -4.6% |
| Condos | $225,000 | 3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $135,000 | -4.9% |
3 Bed | $163,000 | -3.6% |
4 Bed | $224,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Biloxi, MS
As of July '25, Rentcast reports the average rent in Biloxi, MS is $1,940, with a year-over-year rent change of 22.8%. Per bedroom, the median rent as of July '25 in Biloxi, MS is 1-bedrooms: $1,780, 2-bedrooms: $1,800, 3-bedrooms: $2,050, 4-bedrooms: $3,250. The most common rental property sizes in Biloxi, MS are 2-bedroom and 1-bedroom, accounting for 47.8% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $1,780 |
| 2 Bed Rent | $1,600 | $1,800 |
| 3 Bed Rent | $1,850 | $2,050 |
| 4 Bed Rent | $2,600 | $3,250 |
% of Rental Stock
Property Listings — Biloxi, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Biloxi, MS is 81. This is a decrease of -12.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $284,000 | -8.0% |
Listing Count | 75 | 35.0% |
| Listings as % of Homes | 0.5% | 35.0% |
Days on Market | 81 | -12.0% |
Demographics — Biloxi, MS
As of the latest ACS Survey released in 2023, Biloxi, MS has a population of 7,840, which has decreased by -1.5% over the past 5 years. Biloxi, MS is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,840 | -1.5% |
% Under 18 | 20.5% | -18.0% |
% Seniors | 18.9% | 19.6% |
% WFH | 7.4% | 393.3% |
% w/ College Degree | 18.2% | 7.7% |
As of the latest ACS Survey released in 2023, Biloxi, MS is a predominantly white area, with 48.3% of the population identifying as white. The white population has grown by 5.7% in the last 5 years. The second most common race or ethnicity in Biloxi, MS is black, making up 28.2% of the population. Foreign-born residents account for 12.7% of the population in Biloxi, MS, and this percentage has increased by 36.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 48.3% | 5.7% |
% Black | 28.2% | -24.0% |
% Hispanic | 15.4% | 81.2% |
% Asian | 4.4% | -32.3% |
% Foreign Born | 12.7% | 36.6% |
Mortgage and Risk — Biloxi, MS
According to HUD data as of 2023, there were 83 mortgage originations in Biloxi, MS, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Biloxi, MS. Investor activity is low, as 8.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 8.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Biloxi, MS
As of 2024, the percent of homes in Biloxi, MS under the Section 8 program is 42.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Biloxi, 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 | 714 |
Total Units Section 8 | 714 |
% Rentals under Section 8 | 42.5% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,160 | $2,000 | $840 |
| 2 Bedroom | -$560 | $1,600 | $1,040 |
| 3 Bedroom | -$470 | $1,850 | $1,380 |
| 4 Bedroom | -$1,130 | $2,600 | $1,470 |
Affordability — Biloxi, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $151,000 |
| Median Household Income | $39,800 |