Gulfport, FL—33707
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gulfport, FL
As of Oct '25, the median home price in Gulfport, FL is $360,000, with a year-over-year change of -10.7%. This indicates that home prices in Gulfport, FL are decreasing. 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 | $360,000 | -10.7% |
| Single Family | $403,000 | -11.0% |
| Condos | $275,000 | -13.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $200,000 | -16.0% |
2 Bed | $328,000 | -11.4% |
3 Bed | $486,000 | -9.0% |
4 Bed | $1,010,000 | -7.6% |
| 5 Bed | $1,751,000 | -6.2% |
% of Housing Stock
Rental Trends — Gulfport, FL
As of July '25, Rentcast reports the average rent in Gulfport, FL is $2,470, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Gulfport, FL is studios: $1,460, 1-bedrooms: $1,810, 2-bedrooms: $2,470, 3-bedrooms: $3,080, 4-bedrooms: $3,910. The most common rental property sizes in Gulfport, FL are 2-bedroom and 1-bedroom, accounting for 43.6% and 33.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,470 |
| Studio Rent | $1,300 | $1,460 |
| 1 Bed Rent | $1,810 | $1,810 |
| 2 Bed Rent | $2,500 | $2,470 |
| 3 Bed Rent | $2,800 | $3,080 |
| 4 Bed Rent | $3,200 | $3,910 |
% of Rental Stock
Property Listings — Gulfport, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Gulfport, FL is 96. This is a increase of 31.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $439,000 | 7.0% |
Listing Count | 322 | 5.0% |
| Listings as % of Homes | 1.2% | 5.0% |
Days on Market | 96 | 31.0% |
Demographics — Gulfport, FL
As of the latest ACS Survey released in 2023, Gulfport, FL has a population of 24,500, which has decreased by -2.7% over the past 5 years. Gulfport, FL is a less popular place for families, as children make up 9.1% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,500 | -2.7% |
% Under 18 | 9.1% | -17.3% |
% Seniors | 37.7% | 16.0% |
% WFH | 17.6% | 97.8% |
% w/ College Degree | 39.6% | 17.2% |
As of the latest ACS Survey released in 2023, Gulfport, FL is a predominantly white area, with 81.1% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Gulfport, FL is hispanic, making up 7.2% of the population. Foreign-born residents account for 10.5% of the population in Gulfport, FL, and this percentage has increased by 23.5% 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 | 81.1% | -1.1% |
% Black | 6.2% | -34.0% |
% Hispanic | 7.2% | 20.0% |
% Asian | 1.6% | 14.3% |
% Foreign Born | 10.5% | 23.5% |
Mortgage and Risk — Gulfport, FL
According to HUD data as of 2023, there were 618 mortgage originations in Gulfport, FL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Gulfport, FL. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 618 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Gulfport, FL
As of 2024, the percent of homes in Gulfport, FL under the Section 8 program is 8.5%. 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, FL, 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 | 317 |
Total Units Section 8 | 308 |
% Rentals under Section 8 | 8.5% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,810 | $1,590 |
| 2 Bedroom | -$640 | $2,500 | $1,860 |
| 3 Bedroom | -$420 | $2,800 | $2,380 |
| 4 Bedroom | -$300 | $3,200 | $2,900 |
Affordability — Gulfport, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $360,000 |
| Median Household Income | $68,600 |