Is Gulfport, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gulfport is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Gulfport has remained a Seller's Market.

Key Takeaway

Gulfport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Gulfport, FL cost?

Median Sold Price

$395,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$81,000(+25.8%)

Key Takeaway

Homes in Gulfport have sold for 25.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $175K$220K
+25.7%
2 $272K$367K
+34.9%
3 $372K$487.5K
+31.1%
4 $909K$785K
-13.6%
5+ $1.4M$775K
-45.8%

Median Sold Price Compared To Nearby Cities

Gulfport
+25.8%
Saint Petersburg
+20.5%

How many homes are available in Gulfport, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
11697-16.4%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 78
+14.3%
2 4739
-17.0%
3 4842
-12.5%
4 148
-42.9%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
2925-13.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gulfport, you may be able to get a good deal. 64% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
48 Days32 Days-32.3%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gulfport are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Gulfport, FL

Number of homes for sale in Gulfport, FL real estate market have reached 97. Between August 2022 and September 2022, Gulfport, FL real estate market has seen decrease in the number of listings by 16.4%. In September 2022, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $395,000. Listing prices have changed in this real estate market between August 2022 and September 2022: the cost of 1 bedroom properties went up by 25.7%, the cost of 2 bedrooms properties went up by 34.9%, prices of 3 bedrooms properties increased by 31.1%, 4 bedrooms properties became 13.6% more cheaper, 5 bedrooms properties prices decreased by 45.8%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 14.3%, volume of 2 bedrooms homes went down by 17%, the quantity of 3 bedrooms homes went down by 12.5%, number of 4 bedrooms homes decreased by 42.9%, number of 5 bedrooms homes remained the same. In September 2022 more than 7 listings in Gulfport, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 16 were sold below.

Related Housing Market Reports