Pascagoula, MS—39581
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Pascagoula, MS
Home Price Trends — Pascagoula, MS
As of Oct '25, the median home price in Pascagoula, MS is $138,000, with a year-over-year change of 0.5%. This indicates that home prices in Pascagoula, MS are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | 0.5% |
| Single Family | $138,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $139,000 | 1.5% |
4 Bed | $178,000 | -1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pascagoula, MS
As of July '25, Rentcast reports the average rent in Pascagoula, MS is $1,160, with a year-over-year rent change of 9.4%. Per bedroom, the median rent as of July '25 in Pascagoula, MS is 1-bedrooms: $960, 2-bedrooms: $1,000, 3-bedrooms: $1,410, 4-bedrooms: $1,950. The most common rental property sizes in Pascagoula, MS are 2-bedroom and 3-bedroom, accounting for 43.9% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $976 | $1,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $976 | $960 |
| 2 Bed Rent | $950 | $1,000 |
| 3 Bed Rent | $1,250 | $1,410 |
| 4 Bed Rent | $1,500 | $1,950 |
% of Rental Stock
Property Listings — Pascagoula, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Pascagoula, MS is 58. This is a decrease of -22.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $153,000 | 2.0% |
Listing Count | 43 | -20.0% |
| Listings as % of Homes | 0.7% | -20.0% |
Days on Market | 58 | -22.0% |
Demographics — Pascagoula, MS
As of the latest ACS Survey released in 2023, Pascagoula, MS has a population of 11,500, which has increased by 6.7% over the past 5 years. Pascagoula, MS is a popular place for families, as children make up 26.9% 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 1.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 6.7% |
% Under 18 | 26.9% | 2.3% |
% Seniors | 13.5% | 17.4% |
% WFH | 1.3% | -45.8% |
% w/ College Degree | 18.2% | 30.0% |
As of the latest ACS Survey released in 2023, Pascagoula, MS is a predominantly black area, with 40.3% of the population identifying as black. The black population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Pascagoula, MS is white, making up 38.3% of the population. Foreign-born residents account for 7.8% of the population in Pascagoula, MS, and this percentage has increased by 30.0% 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 | 38.3% | -2.8% |
% Black | 40.3% | -0.5% |
% Hispanic | 18.2% | 4.6% |
% Asian | 1.7% | 21.4% |
% Foreign Born | 7.8% | 30.0% |
Mortgage and Risk — Pascagoula, MS
According to HUD data as of 2023, there were 122 mortgage originations in Pascagoula, MS, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Pascagoula, MS. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 122 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Pascagoula, MS
As of 2024, the percent of homes in Pascagoula, MS under the Section 8 program is 28.2%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Pascagoula, MS, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 692 |
Total Units Section 8 | 692 |
% Rentals under Section 8 | 28.2% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$106 | $976 | $870 |
| 2 Bedroom | $20 | $950 | $970 |
| 3 Bedroom | $50 | $1,250 | $1,300 |
| 4 Bedroom | $150 | $1,500 | $1,650 |
Affordability — Pascagoula, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $138,000 |
| Median Household Income | $37,600 |