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Ocean Springs, MS Real Estate


According to census data in the year 2000 there were 7,092 housing units in Ocean Springs. This represents a 18.8% growth from 5,971 in 1990.

Of those housing units, 7,065 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.

Homeownership rate in Ocean Springs is about 72.1%. Ocean Springs's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Ocean Springs were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom10.10%
Two Bedrooms16.20%
Three Bedrooms52.10%
Four Bedrooms19.40%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1975
Median Value of occupied units$98,900
Median Price asked for vacant units$123,800

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1973
Median Monthly Rent asked for vacant units$517

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.40%
Home Equity Loan3.20%
Simple Mortgage60%
Debt Free26.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%