Biloxi, MS

Population: 44,820
Average annual home appreciation rate: 13.38%
Total of homes for sale in this market: 346
Median home price: $144,317
Median Rent: $838 per room
Home price range: 47.04% of homes are between $97,001 – $194,000
Median sales price: Still gathering data
Number of homes: 13
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 53.68% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 18.89%
Number of renters: 55.06%
Number of owner occupied: 44.94%
Number people living below poverty level: 22.44%
Unemployment rate: 6.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Biloxi area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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