Biloxi, MS—39532
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 $265,000, 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 | $265,000 | 1.4% |
| Single Family | $266,000 | 1.1% |
| Condos | $234,000 | 10.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $194,000 | 2.1% |
3 Bed | $228,000 | 0.9% |
4 Bed | $318,000 | 1.0% |
| 5 Bed | $428,000 | 2.6% |
% of Housing Stock
Rental Trends — Biloxi, MS
As of July '25, Rentcast reports the average rent in Biloxi, MS is $1,500, with a year-over-year rent change of -17.6%. Per bedroom, the median rent as of July '25 in Biloxi, MS is 1-bedrooms: $1,210, 2-bedrooms: $1,350, 3-bedrooms: $1,570, 4-bedrooms: $2,370. The most common rental property sizes in Biloxi, MS are 3-bedroom and 2-bedroom, accounting for 39.0% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,390 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,180 | $1,210 |
| 2 Bed Rent | $1,300 | $1,350 |
| 3 Bed Rent | $1,610 | $1,570 |
| 4 Bed Rent | $2,250 | $2,370 |
% 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 64. 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $326,000 | -2.0% |
Listing Count | 155 | -12.0% |
| Listings as % of Homes | 0.6% | -12.0% |
Days on Market | 64 | -15.0% |
Demographics — Biloxi, MS
As of the latest ACS Survey released in 2023, Biloxi, MS has a population of 36,700, which has decreased by -1.1% over the past 5 years. Biloxi, MS is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,700 | -1.1% |
% Under 18 | 23.7% | -3.3% |
% Seniors | 14.1% | -1.4% |
% WFH | 6.8% | 119.4% |
% w/ College Degree | 25.9% | 7.5% |
As of the latest ACS Survey released in 2023, Biloxi, MS is a predominantly white area, with 69.2% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Biloxi, MS is black, making up 15.3% of the population. Foreign-born residents account for 3.8% of the population in Biloxi, MS, and this percentage has decreased by 43.3% 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 | 69.2% | -8.0% |
% Black | 15.3% | 27.5% |
% Hispanic | 5.6% | 40.0% |
% Asian | 4.4% | -22.8% |
% Foreign Born | 3.8% | -43.3% |
Mortgage and Risk — Biloxi, MS
According to HUD data as of 2023, there were 454 mortgage originations in Biloxi, MS, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Biloxi, MS. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 454 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Biloxi, MS
As of 2024, the percent of homes in Biloxi, MS under the Section 8 program is 10.3%. 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 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 | 539 |
Total Units Section 8 | 539 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | 81.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $1,180 | $950 |
| 2 Bedroom | -$150 | $1,300 | $1,150 |
| 3 Bedroom | -$110 | $1,610 | $1,500 |
| 4 Bedroom | -$570 | $2,250 | $1,680 |
Affordability — Biloxi, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $265,000 |
| Median Household Income | $65,900 |