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Featured local agent — Ocean Springs, MS
Sarah Mitchell
Compass Real Estate · Ocean Springs, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ocean Springs, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$362,500median sale price
How is the Ocean Springs, MS housing market right now?
The median home sale price in Ocean Springs, MS is $362,500, up 3.6% year-over-year. Homes sell in an average of 53 days with 110 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ocean Springs a buyer's or seller's market?
Ocean Springs, MS is currently a balanced market, based on 3.4 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
32
Last 12 weeks
Days on market
53
Average pace
Active listings
110
3.4 months supply
Sale-to-list
96.7%
Below asking
What does the Ocean Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $362,500 |
| Median list price | $287,500 |
| Year-over-year price change | +3.6% |
| Average days on market | 53 days |
| Active inventory | 110 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $202/sq ft |
| Homes sold (latest month) | 32 |
| New listings (latest month) | 36 |
| Listings with a price cut | 26.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Ocean Springs by property type?
How the Ocean Springs, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $524,500 | $195/sq ft | 22 | 34 days |
| Condo / Co-op | $270,500 | $238/sq ft | 6 | 88 days |
| Townhouse | $244,900 | $161/sq ft | 4 | 151 days |
Source: Redfin · Updated monthly
The Ocean Springs housing market is currently classified as a balanced market with a median sale price of $362,500. Prices have risen 3.6% compared to last year, with homes spending an average of 53 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Ocean Springs
There are currently 110 homes listed for sale in Ocean Springs, Mississippi. The median listing price is $288K.
Active listings
110
Homes on market
Median list price
$288K
Avg. days on market
53
Days until sale
New this week
36
Newly listed
Who lives in Ocean Springs?
Population
18,561
Median income
$78,929/yr
Median age
42.7 years
Owner-occupied
69.4%
College grads
45.8%
Avg commute
28.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Ocean Springs?
Zillow home value
$275,246
Zillow rent index
$1,723/mo
Price-to-rent ratio
13.3x
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Ocean Springs?
Ocean Springs is a community of approximately 19K residents with a median age of 42.7 years.The median household income is $78,929, which reflects a relatively affluent area with strong earning potential. 45.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ocean Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ocean Springs?
11 schools tracked · 9,376 students
The largest public schools serving Ocean Springs, MS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
OCEAN SPRINGS HIGH SCHOOL
Grades 9-12 · 1,951 students
ST MARTIN HIGH SCHOOL
Grades 9-12 · 1,320 students
OCEAN SPRINGS UPPER ELEMENTARY SCHO
Grades 4-6 · 1,271 students
OCEAN SPRINGS MIDDLE SCHOOL
Grades 7-8 · 964 students
ST. MARTIN MIDDLE SCHOOL
Grades 6-8 · 949 students
ST MARTIN EAST ELEMENTARY SCHOOL
Grades PK-3 · 700 students
MAGNOLIA PARK ELEMENTARY
Grades K-3 · 636 students
ST MARTIN UPPER ELEMENTARY
Grades 4-5 · 599 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ocean Springs, MS?
Want a head-to-head view? Compare Ocean Springs side-by-side with any other U.S. city using our market-comparison tool.
Is Ocean Springs a good real estate investment market?
For investors evaluating Ocean Springs, the price-to-rent ratio of 13.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 3.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Ocean Springs's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Ocean Springs's median home price.
Frequently asked questions
What is the average home price in Ocean Springs?
The median home sale price in Ocean Springs is $362,500, up 3.6% from last year.
How long do homes stay on market in Ocean Springs?
Homes typically spend 53 days on market before going under contract.
What is the median income in Ocean Springs?
The median household income is $78,929 per year.
Is Ocean Springs a buyer's or seller's market?
With 3.4 months of supply, Ocean Springs is currently a balanced market.
What is the Zillow home value estimate for Ocean Springs?
The Zillow Home Value Index (ZHVI) for Ocean Springs is $275,246, representing the typical home value in the area.
What is the median condo price in Ocean Springs?
The median condo/co-op sale price in Ocean Springs, MS is $270,500, compared to $524,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ocean Springs?
The median single-family home price in Ocean Springs, MS is $524,500 (about $195 per square foot).
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