There are currently 16,969 real estate properties in Biloxi, MS, with a median automated valuation model (AVM) price of $179,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Biloxi, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Biloxi, MS, is $207,431.00, with the most expensive house in Biloxi, MS, topping out at $5,504,900.00 and the cheapest home in Biloxi, MS, clocking in at $13,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Biloxi, MS!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Biloxi, MS, is on a rollercoaster ride. The average rent price in Biloxi, MS, is $1,284.00. Indeed, when looking to rent in Biloxi, MS, you can expect to pay as little as $630.00 or as much as $2,840.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Biloxi, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Biloxi, MS area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Biloxi, MS and much more. Save thousands at closing with home foreclosure listings in Biloxi, MS — up to 75% off market value!
Biloxi is located in Harrison, Mississippi, with an estimated municipal population of 46,212 residents. All of the best foreclosed homes for sale in Biloxi are located in the following zip code areas on Foreclosure.com: 39531 39530 39532 39534 39533 39535. The estimated population per square kilometer (.62 miles) in Biloxi is 415.
So, about how much do homes cost in Biloxi? The most recent median value of resident-owned homes in Biloxi is 155,595. An estimated 44 percent of households in Biloxi own their homes, with an average family size of 3.06. The median household income in Biloxi is 48,137, with18.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Biloxi, the median commute time of resident workers (in minutes) is 20.5. And last, but certainly not least, are you looking for homes to rent in Biloxi? If so, the average rent price paid by renters in Biloxi is 864, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Biloxi, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Biloxi is 35.7, split between 51.4 percent male versus 48.6 female. The percentage of residents who report being married in Biloxi is 44.8, with an average family size of 3.06.
The percentage of residents who report their race in Biloxi is as follows:
|Black / African American||20.2%|
|American Indian / Alaskan Native||0.2%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Biloxi? Or maybe you are searching for 55+ active adult communities in and/or near Biloxi?
The percentage of residents who report their age in Biloxi is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Biloxi with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Biloxi.
How do you know that living in -- or moving to -- Biloxi is right where you need to be? Perhaps you grew up in Biloxi or already live nearby; therefore, the decision to buy a home in Biloxi is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Biloxi for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Biloxi:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Biloxi.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Biloxi can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Biloxi, meanwhile, can field multiple offers from more qualified buyers.