Biloxi, MS—39531
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 $200,000, with a year-over-year change of 1.4%. This indicates that home prices in Biloxi, MS are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | 1.4% |
| Single Family | $199,000 | 1.5% |
| Condos | $210,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $177,000 | 1.1% |
3 Bed | $185,000 | 1.6% |
4 Bed | $308,000 | 1.0% |
| 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 $1,420, with a year-over-year rent change of -30.4%. Per bedroom, the median rent as of July '25 in Biloxi, MS is studios: $1,420, 1-bedrooms: $1,060, 2-bedrooms: $1,440, 3-bedrooms: $1,820, 4-bedrooms: $3,000. The most common rental property sizes in Biloxi, MS are 2-bedroom and 3-bedroom, accounting for 36.2% and 33.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,420 |
| Studio Rent | $1,050 | $1,420 |
| 1 Bed Rent | $1,000 | $1,060 |
| 2 Bed Rent | $1,220 | $1,440 |
| 3 Bed Rent | $1,650 | $1,820 |
| 4 Bed Rent | $3,000 | $3,000 |
% 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 84. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | 29.0% |
Listing Count | 133 | -7.0% |
| Listings as % of Homes | 0.6% | -7.0% |
Days on Market | 84 | 25.0% |
Demographics — Biloxi, MS
As of the latest ACS Survey released in 2023, Biloxi, MS has a population of 19,000, which has increased by 8.7% over the past 5 years. Biloxi, MS is a popular place for families, as children make up 25.6% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,000 | 8.7% |
% Under 18 | 25.6% | 8.0% |
% Seniors | 15.3% | 0.7% |
% WFH | 3.0% | 36.4% |
% w/ College Degree | 34.1% | 39.2% |
As of the latest ACS Survey released in 2023, Biloxi, MS is a predominantly white area, with 59.7% of the population identifying as white. The white population has grown by 6.6% in the last 5 years. The second most common race or ethnicity in Biloxi, MS is black, making up 18.2% of the population. Foreign-born residents account for 8.2% of the population in Biloxi, MS, and this percentage has increased by 18.8% 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 | 59.7% | 6.6% |
% Black | 18.2% | -29.7% |
% Hispanic | 11.1% | 5.7% |
% Asian | 2.5% | 0.0% |
% Foreign Born | 8.2% | 18.8% |
Mortgage and Risk — Biloxi, MS
According to HUD data as of 2023, there were 188 mortgage originations in Biloxi, MS, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Biloxi, MS. Investor activity is low, as 5.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 188 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Biloxi, MS
As of 2024, the percent of homes in Biloxi, MS under the Section 8 program is 26.1%. 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 | 1,310 |
Total Units Section 8 | 1,290 |
% Rentals under Section 8 | 26.1% |
% Occupied Section 8 | 81.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,000 | $880 |
| 2 Bedroom | -$120 | $1,220 | $1,100 |
| 3 Bedroom | -$230 | $1,650 | $1,420 |
| 4 Bedroom | -$1,480 | $3,000 | $1,520 |
Affordability — Biloxi, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $200,000 |
| Median Household Income | $54,600 |