Gulfport housing market

Buyer's marketGulfport, MS metro areaData through Sep 2026
Typical home value
$224K
▲ 1.9% 1 yr
Typical rent
$1,422/mo
▲ 0.7% 1 yr
12-month forecast
+1.4%
#358 of 546 metros
Gross rent yield
7.6%
#71 of 546 · U.S. 6.3%
Days to pending
76 days
▲ +6 days 1 yr
Listings with a price cut
26%
▲ +0.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $224,165, up 1.9% in a year and up 18% over five years.
  • 2Zillow forecasts home values rising 1.4% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,422/mo (+0.7% YoY), a 7.6% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,232/mo in principal and interest, $190 less than renting.
  • 5Homes go under contract in 76 days (+6 days vs last year); 26% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 29/100, #451 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $224K
$143K$168K$193K$219K2016201920222025
Typical monthly rent
Latest $1,422
$866$1,045$1,223$1,4022016201920222025

How fast homes are selling

Days to go under contract
Latest 76
26456584202120232025
Share of listings with a price cut
Latest 26.0%
10.6%16.1%21.5%27.0%20182020202220242026
Homes for sale vs new listings
Latest 2,532
For saleNew listings
5741,3902,2063,02220182020202220242026
Share of homes sold above list price
Latest 11.4%
13.2%23.8%34.5%45.1%202120232025

Affordability

Household income needed to buy vs rent
Latest $68K
To buy (20% down)To rent
$34K$44K$55K$65K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Gulfport compares

MeasureGulfportUnited StatesRank of 546
Home value, 1-yr change+1.9%+1.2%#296
Home value, 5-yr change+17.8%+19.7%
12-month forecast+1.4%+1.1%#358
Rent, 1-yr change+0.7%+2.7%#492
Gross rent yield7.6%6.3%#71
Price-to-rent ratio13.115.8
Mortgage P&I on typical home$1,232$2,012
Income needed to buy$67,701$100,902
Days to pending7656

Cities in the Gulfport metro

4 cities with home value and rent data.

Gulfport$206K▲ 2.2%$1,467▲ 2.4%8.5%
Biloxi$241K▲ 3.2%$1,341▲ 4.0%6.7%
Ocean Springs$273K▲ 0.5%$1,846▲ 3.4%8.1%
Gulf Hills$252K▲ 0.7%$1,459▼ 1.7%6.9%

Run the numbers

Other Mississippi metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.