Gulfport Real Estate Market Update: September 22-26 Highlights

Gulfport real Estate Market: Recent Sales Reflect Ongoing Trends

Gulfport, Florida, continues to be an active market for real estate, with a diverse range of properties changing hands during the week of September 22-26, 2025. Recent sales data reveals a spectrum of prices and property types, reflecting the area’s appeal to a wide array of buyers. This report details the transactions recorded during this period, offering a snapshot of the current state of the local housing landscape.

Recent Property Transactions

Several notable sales occurred in Gulfport during the specified timeframe, indicating robust demand across different neighborhoods.Properties in Marina and Pasadena Yacht & Golf Club saw meaningful activity.

4751 Baywood point Dr. S. (Marina): This three-bedroom, three-bathroom home, originally listed at $1.295 million, ultimately sold for $1.095 million. The 2,302 square foot property,built in 1960,represents an investment in a desirable waterfront location.

5950 Pelican bay Plaza S., #202 (Pasadena Yacht & golf Club): A three-bedroom, two-bathroom condominium within the pasadena Yacht & Golf Club sold for $555,000, a reduction from its $575,000 listing price. This 1,912 square foot unit, constructed in 1982, offers a lifestyle centered around recreational amenities.

2609 Upton St. S. (Marina): Located in the Marina district, this three-bedroom, two-bathroom home, built in 1946, sold for $507,500, down from an initial listing price of $525,000. The property spans 1,666 square feet and presents a blend of vintage charm and modern living.

5309 21st Ave. S. (Tangerine): A four-bedroom, two-bathroom home in the Tangerine neighborhood found a buyer at $450,000, a decrease from the $475,000 asking price. Built in 1952, the 2,009 square foot residence offers ample space for families.

Affordable Options: Sales Under $400,000

Despite rising prices, opportunities remain for buyers seeking more affordable options in Gulfport. The following sale demonstrates activity in this price range.

5840 30th Ave. S., #305 (Town Shores): A two-bedroom, two-bathroom condo in Town Shores sold for $205,000, slightly below its $215,000 listing. This 1,120 square foot unit, constructed in 1971, provides a convenient and accessible living option.

Here’s a summary of the sales:

Address	Neighborhood	Beds/Baths	Square Footage	List Price	Sale Price
4751 Baywood Point Dr. S.	Marina	3/3	2,302	$1,295,000	$1,095,000
5950 Pelican Bay Plaza S., #202	Pasadena Yacht & Golf Club	3/2	1,912	$575,000	$555,000
2609 Upton St.S.	marina	3/2	1,666	$525,000	$507,500
5309 21st Ave. S.	Tangerine	4/2	2,009	$475,000	$450,000
5840 30th Ave. S., #305	Town Shores	2/2	1,120	$215,000	$205,000

Living in Gulfport, Florida

gulfport, Florida, boasts a unique charm and an active community. New residents and prospective buyers can find valuable details on the City of Gulfport’s website regarding services like garbage collection and library access. The Gulfport Ancient Society provides insights into the rich history of many local homes.For those seeking engagement,numerous community organizations offer opportunities for involvement. According to recent data from the National Association of Realtors, Florida’s median home price in August 2024 was $415,000, showcasing the competitive, yet attractive, nature of the state’s real estate market.

Did You Know? Gulfport is known for its vibrant arts scene and monthly art walks, adding to its unique cultural appeal.

Pro Tip: Consider working with a local real estate agent who specializes in the Gulfport market to navigate the complexities of the buying process and gain access to exclusive listings.

Frequently Asked Questions About Gulfport Real Estate

What aspects of Gulfport’s real estate market are most surprising to you? Do you see any emerging trends in these recent sales?

Share your thoughts in the comments below!

What percentage of the current inventory consists of condos and townhouses combined?

New Listings & Inventory Trends in Gulfport, MS

The week of September 22-26 saw a moderate increase in new listings across the Gulfport real estate market. While not a dramatic surge, the 15 new properties hitting the market represent a 7% uptick compared to the previous week.This slight increase contributes to a slowly growing inventory, currently sitting at 68 active listings – a figure still considered low for a balanced market, but an enhancement from the summer’s historic lows. Key areas seeing new inventory include North Gulfport and the waterfront properties along the Biloxi Bay.

* Total Active Listings: 68 (as of Sept 26, 2025)

* New Listings This Week: 15

* Inventory Increase: 7% week-over-week

* Dominant Property Types: Single-family homes (65%), Condos (25%), Townhouses (10%)

Sales Activity & Price Points

Sales volume remained steady, with 8 closed transactions recorded. The average sale price for these properties was $325,000, slightly below the year-to-date average of $340,000. This dip is highly likely attributable to a higher proportion of smaller, starter homes closing this week. However, luxury home sales (properties priced over $500,000) continue to hold strong, with two such properties closing at an average of $680,000.

1. Average Sale Price (All Properties): $325,000
2. Average Sale Price (luxury Homes – $500k+): $680,000
3. Median Days on Market: 42 days (a slight increase, indicating a cooling trend)
4. Sales Volume: 8 closed transactions

Neighborhood Spotlight: West Gulfport

West Gulfport continues to be a hotspot for first-time homebuyers and investors. This week saw three properties close in this area,all under $250,000. the appeal of West Gulfport lies in its affordability, proximity to schools, and ongoing revitalization efforts. we’re observing increased interest in properties needing renovation, suggesting a growing appetite for fix-and-flip opportunities.

* Average Sale price (West Gulfport): $210,000

* Property Types: Primarily single-family homes, many built in the 1960s-1980s.

* Investment Potential: high, due to relatively low entry costs and potential for recognition.

Mortgage Rate Impact & Buyer Sentiment

National mortgage rates experienced a slight fluctuation this week, hovering around 7.12% for a 30-year fixed rate. While this hasn’t drastically impacted demand in Gulfport, it’s contributing to a more cautious buyer sentiment. Potential homeowners are taking more time to evaluate their options and negotiate prices. Sellers are advised to price competitively and consider offering concessions to attract buyers.

understanding Adjustable-Rate Mortgages (ARMs)

With fixed rates remaining elevated, some buyers are exploring Adjustable-Rate Mortgages (ARMs). ARMs offer a lower initial interest rate, but the rate can adjust periodically based on market conditions. It’s crucial for buyers to fully understand the terms and risks associated with ARMs before committing.

Gulfport Real Estate Forecast: Looking Ahead

The Gulfport real estate market is entering a period of stabilization. While we don’t anticipate a important price correction, the rapid appreciation seen in the past two years is unlikely to continue. Inventory is expected to continue to slowly increase as we move into the fall and winter months,giving buyers more choices.

Key Factors to Watch:

* Interest Rate Trends: Continued monitoring of national mortgage rates is crucial.

* Economic Indicators: Local job growth and economic development will influence demand.

* New Construction: The completion of new housing developments will add to the inventory.

Resources for Gulfport Home Buyers & Sellers

* City of Gulfport Website: https://www.gulfport-ms.gov/ (for local information and resources)

* harrison County Assessor’s Office: (for property tax information)

* Mississippi Real Estate Commission: (for licensing and regulations)