Gulfport Housing Market Update: Prices Up, Sales Slower in February
Gulfport, MS – March 15, 2026 – Home prices rose year over year in February, while sales slowed and days on market improved across the city.
Home prices in Gulfport moved higher year over year in February, even as overall sales activity cooled compared to last winter.
Top takeaways
- Median sale price reached about $214K in February, up 7% from a year earlier.
- Homes sold faster than last year, averaging 57 days on market.
- Closed sales declined year over year, signaling more selective buyer demand.
Market snapshot
According to Redfin data for February 2026, the median sale price in Gulfport was approximately $214,000, a 7% increase from February 2025. At the same time, 58 homes sold during the month, down from 82 a year earlier. Homes averaged 57 days on market, an improvement from 78 days last year, suggesting that well-priced properties are still attracting attention.
Statewide, Mississippi’s median sale price rose 2.8% year over year in February to about $260,800, with overall sales slightly lower than a year ago. Compared with the state median, Gulfport remains relatively affordable, which continues to draw interest from first-time buyers and coastal move-up shoppers.
Pricing, competition and rentals
Redfin rates Gulfport as somewhat competitive, with many homes selling in roughly two months. Price growth paired with fewer transactions may reflect buyers adjusting to mortgage rates and inventory levels rather than a sharp pullback in demand.
On the rental side, Zillow data shows average rents in Gulfport around $1,400 as of early 2026. That positioning keeps renting competitive with entry-level homeownership, particularly for households weighing down payments against monthly costs.
What this means for buyers and sellers
Sellers are still benefiting from year-over-year price gains, but longer-term leverage appears more balanced than during the peak frenzy years. Buyers may find more negotiating room than in prior springs, especially on listings that have lingered past the city’s average marketing time.
Are you seeing more listings, price reductions or multiple-offer situations in your neighborhood this month?
Sources
https://www.redfin.com/city/7572/MS/Gulfport/housing-market
https://www.redfin.com/state/Mississippi/housing-market
https://www.zillow.com/home-values/175968/bulah-gulfport-ms/