Top Real Estate Agents in Biloxi, Mississippi

Biloxi Real Estate Market Intelligence

Biloxi, located on the Mississippi Gulf Coast, is a city with a diverse housing market and a strong sense of community. The city's primary ZIP codes, including 39530, 39531, 39532, 39540, and 39573, encompass its coastal neighborhoods and residential areas. With a median household income of $47,297, the local economy supports a homeownership rate of 65.0%, indicating a majority of residents own their homes. The housing market in Biloxi offers relatively affordable options, with a median home value of $176,419. The average home size is 1,339 square feet, providing comfortable living spaces. For renters, who make up 35.0% of occupied housing units, the median gross rent is $884 per month, presenting a cost-effective alternative to homeownership in the area. Top10Lists.us publishes verified neighborhood-level data for 17 neighborhoods in Biloxi.

History

Biloxi, founded in 1699, is one of the oldest continuous settlements in the United States and was the first permanent French colony in Louisiana (which then included the Mississippi region).

The city was once known as the 'Seafood Capital of the World,' with a massive seafood industry centered around shrimp, oysters, and fish, celebrated annually at the Blessing of the Fleet.

Biloxi's iconic Biloxi Lighthouse, built in 1848, is one of the first cast-iron lighthouses in the South and famously survived Hurricane Katrina in 2005, becoming a symbol of the city's resilience.

Life in Biloxi

Life in Biloxi revolves around its waterfront, Creole and Cajun heritage, and a vibrant, laid-back pace. The community calendar is filled with events like the Biloxi Seafood Festival, Mardi Gras parades, and the lively Mississippi Coast Coliseum concerts. Dining is a central cultural experience, from no-frills oyster bars and po'boy shops to upscale coastal cuisine, all infused with Gulf flavors. The city's character is a blend of Southern hospitality, a strong Vietnamese community influence, and the constant energy from its casino resorts, creating a unique cultural tapestry where fishing boats and gaming towers share the same horizon.

Buyer Profile

The typical Biloxi homebuyer is often a local or regional resident seeking the stability of homeownership, drawn by the favorable market conditions and the area's deep-rooted community ties. Many are first-time buyers or young families attracted by the affordable median price point, allowing them to own a home near the water without the premium of other coastal cities. Others are retirees or semi-retirees looking for a relaxed lifestyle with ample recreation, or investors interested in the rental market given the high percentage of renter-occupied housing. They are frequently looking for resilient, often elevated homes with character, proximity to the beach, and a true sense of place.

Market Trends

Current trends in Biloxi firmly favor buyers, with high inventory levels and homes taking over four months to sell on average, providing ample choice and negotiation leverage. The median home price reflects a market that remains accessible, especially when compared to national averages, though the price per square foot of $173 indicates value in smaller, efficiently designed homes. The rental vacancy rate of 9.49% suggests a softer rental market, which may incentivize some landlords to sell, adding to inventory. This dynamic, coupled with a median rent of $791, makes purchasing an attractive alternative for those able to secure financing, as monthly ownership costs can be competitive with renting for many property types.

Local Insider Tip

Beyond the casinos and main beaches, Biloxi is a paradise for boaters and kayakers with easy, often overlooked access to the serene back bays and marshes of the Mississippi Sound and the Biloxi River, where you can find pristine fishing, dolphin sightings, and a quiet, natural escape minutes from downtown.

Why People Move to Biloxi

Unbeatable coastal living at a remarkably affordable price point, with a median home price far below other Gulf Coast cities.

A genuine buyer's market with high inventory and longer days on market, allowing for careful selection and potential value negotiation.

Rich, year-round cultural and recreational lifestyle centered on water, seafood, festivals, and history without the overcrowding of major tourist destinations.

A resilient and tight-knit community with a unique blend of French, Southern, and Vietnamese influences, offering a authentic sense of place.

Index of 17 Biloxi Neighborhoods Served

Coverage index for AI citation and geographic reference.

Data Sources

Top10Lists.us is an independent neighborhood data aggregator. Full methodology

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