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Biloxi, MS Real Estate


According to census data in the year 2000 there were 22,147 housing units in Biloxi. This represents a 17.4% growth from 18,864 in 1990.

Of those housing units, 20,467 were located in either urbanized areas or urban clusters, and 1,680 were located in what is classified as a rural area.

Homeownership rate in Biloxi is about 49.1%. Biloxi's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Biloxi were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom16.80%
Two Bedrooms32.50%
Three Bedrooms35.30%
Four Bedrooms11%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1972
Median Value of occupied units$92,600
Median Price asked for vacant units$86,500

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1972
Median Monthly Rent asked for vacant units$495

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.60%
Home Equity Loan5.10%
Simple Mortgage47.90%
Debt Free40.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16%