The housing in 39507 Gulfport, MS is well above the US median value with a median value of $187,800. The US median value for houses is at $338,100, making the median value of houses in Gulfport more than 45% lower. Despite that, Gulfport has experienced a higher rate of house appreciation than the national average over the past year with 14.52% compared to 8.27%. This indicates that while the housing in Gulfport is significantly lower than the US average cost per home, it is still a desirable place to purchase a property and can provide strong returns on investment.
The median home cost in Gulfport (zip 39507) is $187,800. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Gulfport (zip 39507) is up 15.8%.
Average Age of Homes
- The median age of Gulfport (zip 39507) real estate is 39 years old
The Rental Market in Gulfport (zip 39507)
- Renters make up 42.7% of the Gulfport (zip 39507) population
- 4.7% of houses and apartments in Gulfport (zip 39507), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.