Gulfport, MS Housing Market: Prices, Inventory and Coastal Costs
Gulfport home prices range from about $207,000 to $261,000 depending on the measure and the source. Here is what each figure means for buyers, sellers and renters.
The Gulfport MS housing market is rated somewhat competitive, with a Redfin score of 49 out of 100 [1]. That middle score means neither buyers nor sellers hold a clear edge. The figures here come from 2025 and early listing data, so they describe past conditions, not current ones. You may also find this useful: Wichita KS Housing Market: Prices, Inventory and Buyer Conditions.
Median sale prices for 2025 ranged from $207,000 in September 2025 [2]. A mid-year review put the median at $257,061 [3]. A buyer who plans around the lower number could be priced out of the higher one, so the date behind each figure matters.
This article covers prices, listings, buyer or seller conditions, rents, and coastal costs such as insurance and flood risk. It also helps to read Baton Rouge Housing Market: Prices, Listings and Rents in 2026.
Why do Gulfport home price figures differ so much?
Each provider reports a different Gulfport price because each measures something different. Median and average are not the same, and a listing price is not a sale price. Knowing which figure you are reading keeps you from comparing unlike numbers.
Median versus average
A median is the middle price: half of sales cost more and half cost less. An average adds up every sale and divides by the count, so a few expensive homes can pull it upward. If a handful of high-priced sales close in one month, the average can rise while the median barely moves.
Asking prices and sale prices
Realtor.com reports a median listing price of $261K [4]. That is an asking price, the figure a seller puts on the home, not what homes sold for.
Different scopes and periods
Redfin reported an average house price of $218K for one recent month, up 2.6% from the prior period [1]. Homes.com reports a median sale price of $231,900 [5]. ResideLine reports a median of $215,500 from 556 closings [6].
Each provider sets its own area, time window and counting method. That is why these three sale figures do not match, even though they all describe Gulfport sales.
How many homes are for sale and how many are selling?
Listing counts for Gulfport depend on which site you check. Realtor.com shows about 1.1K active listings in Gulfport [4]. Zillow lists 955 homes for sale in Gulfport [7]. The two figures were taken at different times and use different counts, so neither one is a full picture of the market.
Listings and sales in the mid-year review
A mid-year 2025 review reported 2,700 active listings, up 6.0% from a year earlier [3]. In the same review, 460 homes sold, down 2.5% from a year earlier [3]. More homes are on the market while fewer sales are closing, so supply is growing faster than completed sales.
What the gap means for you
If you are buying, a larger number of listings gives you more choice and more homes to compare side by side. You may have more room to ask for repairs or a lower price, because sellers have more competition.
If you are selling, expect your home to compete with more listings. A home priced above its neighbors may sit longer than it would have a year ago.
Why the numbers do not match
The listing counts from Realtor.com and Zillow are snapshots, and the mid-year review covers a different period and scope. Because of that, do not add the totals together or compare them directly. Instead, look at the direction each source shows: more listings and fewer sales point the same way, even when the exact totals differ.
Does Gulfport favor buyers or sellers?
Gulfport leans slightly toward buyers, not sellers. Redfin scores the market 49 out of 100 and calls it somewhat competitive [1]. That is a middle-of-the-road rating, so you should not expect homes to sell quickly or draw a rush of offers.
What the listing and sales trend suggests
The mid-year 2025 review shows more homes listed for sale while fewer homes sold compared with a year earlier [3]. When listings rise and sales fall, buyers usually have more choice and more room to negotiate on price or repairs. That is an interpretation of the numbers for one period, not a forecast of where prices will go.
For example, if you find a home that has sat on the market for weeks, you can reasonably ask the seller for a lower price or for closing cost help. Sellers in a slower market are often more willing to talk.
If you are selling
Do not price your home based on how many homes are listed. Instead, look at recent closed sales of similar homes in your neighborhood, because those show what buyers actually paid. Compare size, age, condition and lot with each sale, then adjust for the differences.
A listing shows only what a seller is asking. A closed sale shows what a buyer agreed to pay, which is the number that matters when you set your price.
What does renting cost compared with buying in Gulfport?
Renting is the lower monthly cost on the figures available, but only if you compare it with the full cost of owning. Realtor.com reports a median rental price of $1.6K per month for Gulfport [4]. That is the figure to set against what a buyer would pay each month.
On the buying side, the median listing price is $261K [4]. Owning that home costs more than the loan payment, so the comparison needs the mortgage, property taxes and insurance added together.
How to compare the two
- Work out the monthly principal and interest with a mortgage calculator. Enter the price, your down payment and the interest rate your lender quotes.
- Add the monthly property tax for the specific address. Property taxes depend on local rules and the home's assessed value, so use the figure for that address rather than a citywide average.
- Add the monthly homeowners insurance quote for that address. Coastal homes often cost more to insure, so get a quote rather than estimating.
The rent figure comes from one provider and one period, so check current rental and sale listings for the neighborhood and home type you want before you decide.
What coastal costs should you add to the price?
Your offer price is only part of what you will pay. The purchase price does not cover insurance, flood coverage or storm-related repairs, and on the Gulf Coast those costs can change your monthly total more than you expect. Work them out before you make an offer, not after.
Get insurance quotes for the exact address
Insurance is priced by property, not by neighborhood. Two houses on the same street can carry very different premiums because of elevation, age, construction and past claims. Ask an insurance agent for a quote on the specific address you are considering, and add it to your monthly budget before you offer.
Check the flood zone
Flood risk is tied to the exact location, so check the address on an official flood map before you commit. Use the FEMA flood map, and check the Harrison County map for local detail. Flood coverage often needs its own quote, so ask for it separately from the homeowners policy. If the home sits in a higher-risk zone, both quotes belong in your total monthly cost.
Ask for the insurance and claims history
The seller or agent can tell you what the home has cost to insure and whether it has had storm or flood claims. Ask for the insurance history in writing, and ask directly whether any storm or flood damage was claimed and repaired. A past claim does not automatically rule out a purchase, but it shows you where to look during the inspection and which repairs may come up later.
Where should you start if you are buying or selling in Gulfport?
Start with recent closed sales in the neighborhood, since they show what buyers actually paid. Use the median sale price from those sales to judge value, and treat asking prices as a starting point only. Then compare listing counts and sales pace to see how much room you have to negotiate.
The one thing to remember is that a home's real value and real cost come from its own sales and its own address, not from citywide averages. Before you commit to a specific property, verify its taxes, insurance costs and flood zone. Those costs can shift your monthly total far more than the purchase price suggests, so settle them before you make an offer or set a list price.