The story of this market
The typical home in ZIP 39540 sells for about $260,000, or $167 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,249 a month.
ZIP 39540 — Biloxi
The Gulfport housing market, including ZIP 39540, shows signs of stability with a median listing price of $260,000 and a year-over-year price increase of 3.3%. While inventory levels are rising, the market remains balanced, supported by steady demand and proximity to key regional employment and retail hubs.
This ZIP is well-suited for family buyers and commuters seeking a balance of suburban convenience, proximity to major retail hubs like The Promenade, and access to coastal recreation.
Median prices moved up 3.3% year over year.
Homes spend a median of 69 days on market with 3.7 months of supply — a balanced-paced market.
21% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 18.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39540, Harrison County MS
The area is subject to coastal wind and flood risks, with insurance availability and premium costs being significant factors for property owners in the Gulf Coast region.
The area benefits from proximity to The Promenade shopping district and major transit corridors like I-10, supporting ongoing residential and commercial interest.
Property taxes are assessed at the county level in Harrison County; specific rates vary by school district and municipal jurisdiction, with homestead exemptions available for primary residences.
Residents in 39540 benefit from direct access to I-10, providing a straightforward commute to major employment hubs in Gulfport and Biloxi.
The ZIP features convenient access to The Promenade for shopping and dining, with proximity to coastal beaches and local parks.
The rental market shows steady demand with a median rent of $1,700, influenced by the area's appeal to commuters and proximity to regional amenities.
The local economy is anchored by retail, tourism, and proximity to the broader Gulfport-Biloxi metropolitan employment base.
The area is served by I-10, facilitating regional connectivity between Gulfport, Biloxi, and surrounding coastal communities.
Ongoing commercial development continues around the I-10 and Promenade corridors, supporting local economic expansion.
Harrison County utilizes a central appraisal system to determine property values for tax purposes, with periodic reassessments.
Parcels are subject to standard municipal and county tax levies, with specific school district taxes applied based on location.
Property insurance remains a critical consideration due to regional hurricane and flood exposure, impacting overall housing affordability.
Data retrieved from American Community Survey 5-year estimates for Gulfport/Harrison County area.
Major regional retail and dining anchor serving the D'Iberville and Gulfport area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.