Is Gulfport, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Gulfport was a Seller's Market.
Housing Prices in Gulfport, FL
How much do homes in Gulfport, FL cost?
Median Sold Price
$394,500
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gulfport was $394,500 in April 2024, down 1.4% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226K | $230K | +1.8% |
2 Bedrooms | $359.9K | $352.5K | -2.1% |
3 Bedrooms | $476K | $522.5K | +9.8% |
4 Bedrooms | $685K | $960K | +40.1% |
5+ Bedrooms | $851.2K | $2.6M | +214.2% |
Summary: Gulfport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 40.1%, and 5+ bedroom homes increased by 214.2%.
Median Sold Price Compared To Nearby Cities
Saint Petersburg | $400.1K | $436.9K | +9.2% |
Gulfport | $400K | $394.5K | -1.4% |
Housing Supply in Gulfport, FL
How many homes are available in Gulfport, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
173 | 195 | +12.7% |
Summary: The Gulfport real estate market had 195 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 27 | +17.4% |
2 Bedrooms | 81 | 89 | +9.9% |
3 Bedrooms | 51 | 59 | +15.7% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Gulfport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 31 | +3.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Gulfport in April 2024, up by 3.3% month-over-month. Of the 31 sold homes, 65% were sold under asking, 26% were sold at asking, and 10% were sold over asking.
Days on Market for Gulfport, FL
How long does it take to sell a home in Gulfport, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 52 Days | +11.8% |
Summary: Homes in Gulfport had an average of 52 days on market in Apr 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Gulfport; 45% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.