Is Biloxi, MS 39531 a buyer’s or seller’s market?
Biloxi is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 8% of U.S. ZIP codes, and #73 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Biloxi housing market right now
In the three months ending August 31, 2026, 4% of homes in Biloxi, MS 39531 sold above their list price, the typical home went under contract in 42 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 51 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (22 days then) and the median sale price rose 16% to $234,898. Overall, Biloxi is less competitive than a year ago, which gives buyers more room.
Within Harrison County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, Biloxi ranks #73 of 89 MS ZIP codes with enough sales (score 14 out of 100).
Nearby, Biloxi 39532 (18% sold over asking) and Gulfport 39503 (17% sold over asking) are even more competitive.
Run the numbers for 39531
Nearby markets
Biloxi 39530Buyer’s market $172 /sq ftBiloxi 39532Balanced $161 /sq ftDiberville 39540Balanced $144 /sq ftGulfport 39501Buyer’s market $92 /sq ft Browse all markets →Towns like Biloxi nearby
Find towns like Biloxi in other states →Where Biloxi is
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Questions about Biloxi real estate
Is Biloxi a buyer’s or seller’s market?
A buyer’s market: there were 7.2 months of supply in Biloxi, MS 39531 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Biloxi?
The typical home went under contract in 42 days in the latest three months.
Do homes in Biloxi sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 94.7% of the list price.
What are property taxes in Biloxi?
About 0.65% of a home’s value a year in Harrison County, or roughly $2,600 on a $400,000 home.
What is the median home price in Biloxi?
The median sale price was $234,898 in the three months ending August 31, 2026, about $138 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology