Pascagoula's housing market is experiencing steady growth, with a mix of new developments and historic homes. The city's proximity to the Gulf Coast and its scenic waterfront make it an attractive destination for homebuyers. According to recent data, Pascagoula's median home price is $145,000, with a range of properties available from $100,000 to over $250,000.

The local economy is driven by industries such as healthcare, education, and tourism, providing a stable foundation for homebuyers. Additionally, Pascagoula is home to several major employers, including the Pascagoula School District and the Mississippi Band of Choctaw Indians.

Pascagoula has several notable neighborhoods, each with its unique character and charm. Some popular areas include:

• Moss Point: A historic neighborhood with a mix of old and new homes.
• Gulfport: A coastal city with a range of waterfront properties.
• Ocean Springs: A charming town with a strong sense of community.

These neighborhoods offer a range of housing options, from affordable starter homes to luxury properties. Contact NMHL for more information on neighborhoods and local market trends.

Property taxes in Pascagoula average approximately 0.75% of assessed value. This translates to manageable monthly costs when factored into your mortgage payment. For example, on a $145,000 home, you can expect to pay around $1,087.50 in annual property taxes.

Mississippi also offers a homestead exemption program, which can provide additional tax savings for homeowners. Contact NMHL for more information on property taxes and homestead exemptions.

The Pascagoula School District serves the city and surrounding areas, offering a range of educational programs and extracurricular activities. The district has several highly-rated schools, including Pascagoula High School and Gautier High School.

School districts can have a significant impact on home values, and Pascagoula's schools are no exception. Contact NMHL for more information on local schools and their impact on home prices.

NMHL offers several first-time homebuyer programs in Pascagoula, including FHA loans with 3.5% down payment requirements and VA loans with zero down payment options. Additionally, Mississippi offers a Down Payment Assistance Program (DPA) that provides up to 4% of the purchase price in assistance.

These programs can help first-time homebuyers overcome common barriers to homeownership, such as down payment requirements and closing costs. Contact NMHL for more information on first-time homebuyer programs and to get pre-approved for a mortgage.

NMHL offers a range of mortgage programs designed to serve underserved borrowers, including those with bad credit, self-employed individuals, and veterans. Our loan officers can help borrowers find the best program for their situation and provide personalized service throughout the mortgage process.

Some of our specialized programs include:

• FHA loans for bad credit borrowers
• Self-employed mortgage programs
• VA loans for veterans and active-duty military

Contact NMHL for more information on our programs for underserved borrowers and to get pre-approved for a mortgage.