Gulfport-Biloxi Area Called One of Best Real Estate Markets for Next Five Years

Gulfport-Biloxi Area Called One of Best Real Estate Markets for Next Five YearsThe Gulfport-Biloxi metro area was named one of the 15 Best Housing Markets for the Next Five Years by Business Insider, because of attractive home prices.

The company used the latest home price report by Fiserv Case-Shiller to compile the list. The top 15 cities were ranked by the projected annualized change in home prices between the second quarters of 2012 and 2017.

“Home prices in the Gulfport-Biloxi metro area have slipped 20.4 percent since their Q4 2007 peak, and the metro has a median home price of $101,000,” the article said. “It has a population of 253,511, an unemployment rate of 8.4 percent and a median household income of $52,700.”

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