Gulfport Real Estate Market Hits Price Cuts Bottom

The Gulfport market added another 33 transactions over the last 30 days. With 33 price reductions, the lowest amount since July, the market may be looking for a higher price point. In comparison, St. Petersburg led all other nearby municipalities with 683 price reductions. Potential buyers should take note that prices are coming down in Gulfport, with the median sales price dropped to $159,000. Inventory is also shrinking, now down to four months worth still available.

Early bird gets the worm, so be sure to take a look at these new listings in Gulfport:

$1.7M   $479K   $269K  

Get started right now by checking out Gulfport homes for sale or reviewing Gulfport real estate trends.

Demographic facts about Gulfport:

  • The population growth rating is 35. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 301.1 physicians.
  • This area has a health cost index score of 89.7. (100 = national average)
  • Residents who travel to work by car account for 75.9% of all commuters, while carpools account for 12.5%, and public transit makes up 2.1%.

Data reported through 10/19/2016

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