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Sarah Mitchell

CNESRESABR

Compass Real Estate · Gulfport, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Gulfport, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Gulfport, FL Housing Market

Buyer's market-3.7% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Gulfport, FL is worth $357,573, fell 3.7% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $404,500, -1.2% year over year (through May 2026). With 5.4 months of supply and homes going under contract in about 37 days, Gulfport is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $357,573 home is about $1,838/mo in principal and interest.

Key numbers for Gulfport, FL

Typical home value

$357,573

-3.7% in 12 months

Zillow, July 2026

Typical asking rent

$2,091/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$404,500

-1.2% year over year

Redfin, through May 2026

Days on market

37

Average pace

Redfin, through May 2026

Active listings

130

5.4 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$68,617

Home costs 5.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

95.9%

Selling below asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Gulfport a buyer's or seller's market?

Buyer's market5.4 months of supply37 days on market95.9% of asking

Gulfport, FL is a buyer's market, based on 5.4 months of supply and homes selling in about 37 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Gulfport housing market data show?

Every row below is Redfin's final published month for Gulfport, FL. Redfin, through May 2026

Housing market statistics for Gulfport, FL, Redfin through May 2026
MetricValue
Median sale price$404,500
Median list price$338,950
Year-over-year price change-1.2%
Median price per sq ft$350/sq ft
Median days on market37 days
Active inventory130 listings
Months of supply5.4 months
Sale-to-list price ratio95.9%
Homes sold (that month)24
New listings (that month)36
Listings with a price cut44.6%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Gulfport is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Gulfport is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Gulfport home prices moved?

Over the last three years the median sale price in Gulfport, FL rose 2.4%, from $395,000 to $404,500. The live Zillow value series has fell 3.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 44.6% of Gulfport listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.4 months while the sale-to-list ratio slips below its current 95.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Gulfport?

Priced off the typical home value of $357,573 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Gulfport, FL
Down paymentCash at closeLoan amountMonthly P&I
20%$71,515$286,058$1,838/mo
5%$17,879$339,694$2,183/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,838, that implies roughly $78,784 a year before you add taxes and insurance. The median household in Gulfport earns $68,617, about $10,167 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Gulfport in the next 12 months?

Tell us your timeline. We send the Gulfport market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Gulfport?

Typical asking rent in Gulfport, FL is $2,091/mo, against a typical home value of $357,573. That is a price-to-rent ratio of 14.3x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,838 a month — $252 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Gulfport?

Active listings in Gulfport, FL went from 179 in May 2025 to 130 in May 2026, a -27.4% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Gulfport, FL
MonthActive listingsNew listings
June 202517846
July 202517036
August 202516137
September 202514327
October 202515239
November 202513928
December 202513730
January 202614548
February 202615446
March 202614035
April 202614246
May 202613036

Redfin, through May 2026

How does Gulfport compare to Florida and the U.S.?

Gulfport homes sell for $404,5004% below the Florida median of $421,500. Against the national median of $410,700, Gulfport runs 2% lower. Year-over-year, Gulfport moved -1.2% against Florida's +2.6%a smaller swing than the state as a whole.

Gulfport, FL compared with Florida and the United States
MarketMedian sale priceYoYDays on market
Gulfport, FL$404,500-1.2%37 days
Florida statewide$421,500+2.6%66 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Gulfport

What buyers should watch

  • Months of supply, currently 5.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 44.6%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $345 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $357,573 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Gulfport listing goes under contract in 37 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 95.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Gulfport added 36 new listings against 24 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -3.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Gulfport varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Gulfport

There are currently 130 homes listed for sale in Gulfport, Florida. The median listing price is $339K.

Active listings

130

Homes on market

Median list price

$339K

Avg. days on market

37

Days until sale

New this week

36

Newly listed

Price drops:44.6%of listings
Sale-to-list:95.9%

How much do homes cost in Gulfport by property type?

How the Gulfport, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Gulfport, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$411,000$363/sq ft1921 days
Condo / co-op$235,000$180/sq ft4138 days
Townhouse$610,000$256/sq ft284 days

Who lives in Gulfport?

American Community Survey estimates for Gulfport. U.S. Census ACS, 2023

Population

11,735

Households

6,095

Median income

$68,617/yr

Median age

58.2 years

Owner-occupied

74.5%

Median home value

$335,100

Median gross rent

$1,487/mo

Mean commute

22.9 min

74.5% of occupied homes in Gulfport are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $335,100 against Zillow's $357,573 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,487/mo, below Zillow's $2,091/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Gulfport?

3 schools tracked · 1,691 students

The largest public schools serving Gulfport, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

BOCA CIEGA HIGH SCHOOL

Grades 9-12 · 1,211 students

Public

GULFPORT MONTESSORI ELEMENTARY SCHOOL

Grades PK-5 · 379 students

Public

DISSTON ACADEMY

Grades 5-12 · 101 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Gulfport, FL?

Ordered by distance from Gulfport, not by size. Compare Gulfport side by side with any of them.

Gulfport housing market FAQ

Is Gulfport a buyer's or seller's market?

Gulfport, FL is currently a buyer's market. That read comes from 5.4 months of supply, homes going under contract in about 37 days, and sellers getting 95.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Gulfport?

The typical home in Gulfport, FL is worth $357,573 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $404,500, about $350 per square foot.

Is Gulfport cheaper than the rest of Florida?

Gulfport's median sale price of $404,500 is 4% lower than the Florida statewide median of $421,500, and 2% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Gulfport?

Homes in Gulfport, FL spent a median of 37 days on market before going under contract, versus 66 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Gulfport?

At the current 30-year fixed rate of 6.66%, 20% down on a $357,573 home is about $1,838 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $78,784 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $68,617.

Are home prices rising in Gulfport?

The typical home value in Gulfport, FL fell 3.7% over the last 12 months, from $371,334 to $357,573 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Gulfport?

Gulfport ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Gulfport?

That depends on your timeline, not on a headline. What the data says today: Gulfport, FL is a buyer's market with 5.4 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 14.3x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $357,573, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.