Biloxi, MS Home Values & Market Trends

Real estate market trends reflect that there have been 587 transactions over the past year in Biloxi. The median value for residential home transactions that occurred over the previous year is $228,243.12. The number of current listings in Biloxi is 177, and the percentage of properties for sale in the city is 177.00%. Biloxi, MS currently has 6 properties in foreclosure, 2 bank owned properties, 4 properties headed for auction, and 177 properties for sale.

Biloxi, MS Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
39532

$ 304,154

$ 141/sqft

39531

$ 228,349

$ 136/sqft

39530

$ 210,576

$ 149/sqft

39534

$ --

$ --

Housing Market Summary for Biloxi, MS

Jun 2023May 2024Change
Median Listing Price$286.8K$284.5K-0.78%
Median Sold Price$205.2K$230K12.06%
Homes For Sale14217120.42%
Homes Sold360334-7.22%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Biloxi, MS

Biloxi home values range from $1,180 to $11,288,972. The median estimated value of a home in Biloxi is $228,243.12. The median list price of a home is 280,000, and the total count of properties in the city is 18,883.

Foreclosure
There are 4 zips within Biloxi, MS; within these zips, the median estimated home value for homes in foreclosure ranges from $175,728 in 39532 to the lowest value of $119,597 in 39532. Foreclosure homes account for 0.00% of properties in Biloxi, MS with 39532 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Biloxi, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Biloxi, MS; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Biloxi, MS ranges from the highest value of $217,310 in 39532 to the lowest value of $119,597 in 39532. Bank owned homes and properties account for 0.01% of properties in Biloxi, MS. There are 4 zips within Biloxi, MS; 39532 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    39532 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Biloxi, MS. Auction homes and other auction properties account for 0.02% of all properties in Biloxi, MS. There are 4 zips within Biloxi, MS; of those zips, the median estimated home value for homes going to auction ranges from $263,733 in 39532 to the lowest value of $175,728 in 39532.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.94% of residential properties in Biloxi, MS with 39532 containing 85 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Biloxi, MS; homes for sale in those zips, have a range of median values from $864,188 in 39531 to the lowest value of $33,537 in 39530.
    Sold Homes
    The median value for recently sold homes ranges from $1,376,272 in 39531 to the lowest price of $1,180 in 39531. There are 4 zips within Biloxi, MS. 39532 has 190 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.71% of properties in Biloxi, MS.

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      Guide for Biloxi, MS

      Market Reports
      Biloxi Real Estate Peaks at $285k Despite a Market of Fluctuations in May 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Investing Strategies
      How To Buy A Foreclosed Commercial Property
      Investment Guides
      How To Evaluate the Quality of Foreclosure Home
      See More Articles
      Biloxi Real Estate Peaks at $285k Despite a Market of Fluctuations in May 2024
      Market Reports|posted 12 June 2024

      From Jan-May 2024, Biloxi real estate property values peaked at $284.5K. The market showed robust activity with 171 properties listed for sale.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      How To Buy A Foreclosed Commercial Property
      Investing Strategies|posted 14 June 2024

      How to get your hands on a commercial property in foreclosure.

      How To Evaluate the Quality of Foreclosure Home
      Investment Guides|posted 12 June 2024

      Get access to national foreclosure listings and learn how to use them to invest in real estate. RealtyTrac offers the best resources and information.

      Recently Listed Homes Biloxi, MS

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