Bay Saint Louis, MS—39520
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bay Saint Louis, MS
As of Oct '25, the median home price in Bay Saint Louis, MS is $232,000, with a year-over-year change of -1.8%. This indicates that home prices in Bay Saint Louis, MS are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | -1.8% |
| Single Family | $230,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $150,000 | -2.0% |
2 Bed | $213,000 | 0.0% |
3 Bed | $241,000 | -1.6% |
4 Bed | $327,000 | -1.5% |
| 5 Bed | $410,000 | -0.5% |
% of Housing Stock
Rental Trends — Bay Saint Louis, MS
As of July '25, Rentcast reports the average rent in Bay Saint Louis, MS is $1,560, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Bay Saint Louis, MS is 1-bedrooms: $1,100, 2-bedrooms: $1,590, 3-bedrooms: $1,610, 4-bedrooms: $1,660. The most common rental property sizes in Bay Saint Louis, MS are 3-bedroom and 2-bedroom, accounting for 55.8% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $995 | $1,100 |
| 2 Bed Rent | $1,600 | $1,590 |
| 3 Bed Rent | $1,500 | $1,610 |
| 4 Bed Rent | $1,550 | $1,660 |
% of Rental Stock
Property Listings — Bay Saint Louis, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Bay Saint Louis, MS is 83. This is a decrease of -3.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | 3.0% |
Listing Count | 209 | -3.0% |
| Listings as % of Homes | 1.5% | -3.0% |
Days on Market | 83 | -3.0% |
Demographics — Bay Saint Louis, MS
As of the latest ACS Survey released in 2023, Bay Saint Louis, MS has a population of 15,500, which has decreased by -14.1% over the past 5 years. Bay Saint Louis, MS is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | -14.1% |
% Under 18 | 18.7% | -20.8% |
% Seniors | 22.7% | 26.1% |
% WFH | 12.9% | 268.6% |
% w/ College Degree | 28.1% | 13.8% |
As of the latest ACS Survey released in 2023, Bay Saint Louis, MS is a predominantly white area, with 79.7% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Bay Saint Louis, MS is black, making up 10.5% of the population. Foreign-born residents account for 3.2% of the population in Bay Saint Louis, MS, and this percentage has increased by 39.1% 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 | 79.7% | 1.0% |
% Black | 10.5% | -13.9% |
% Hispanic | 3.1% | -38.0% |
% Asian | 1.2% | -20.0% |
% Foreign Born | 3.2% | 39.1% |
Mortgage and Risk — Bay Saint Louis, MS
According to HUD data as of 2023, there were 281 mortgage originations in Bay Saint Louis, MS, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Bay Saint Louis, MS. Investor activity is low, as 9.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 281 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 9.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Bay Saint Louis, MS
As of 2024, the percent of homes in Bay Saint Louis, MS under the Section 8 program is 22.0%. 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 Bay Saint Louis, 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 | 419 |
Total Units Section 8 | 419 |
% Rentals under Section 8 | 22.0% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$125 | $995 | $870 |
| 2 Bedroom | -$510 | $1,600 | $1,090 |
| 3 Bedroom | -$90 | $1,500 | $1,410 |
| 4 Bedroom | -$50 | $1,550 | $1,500 |
Affordability — Bay Saint Louis, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $232,000 |
| Median Household Income | $65,100 |