Ocean Springs, MS Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Ocean Springs, MS is $296,500, down 7.0% year-over-year. Homes sell in an average of 101 days with 115 active listings. The market is currently a buyer's market.
$296,500median sale price
Is Ocean Springs a buyer's or seller's market?
Ocean Springs, MS is currently a buyer's market, based on 6.1 months of supply and homes selling in about 101 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
101
Average pace
Active listings
115
6.1 months supply
Sale-to-list
95.5%
Below asking
Ocean Springs, MS market data
| Metric | Value |
|---|---|
| Median sale price | $296,500 |
| Median list price | $325,000 |
| Year-over-year price change | -7.0% |
| Average days on market | 101 days |
| Active inventory | 115 listings |
| Months of supply | 6.1 months |
| Sale-to-list price ratio | 95.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Ocean Springs housing market is currently classified as a buyer's market with a median sale price of $296,500. Prices have fallen 7.0% compared to last year, with homes spending an average of 101 days on market, indicating 6.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Ocean Springs
There are currently 115 homes listed for sale in Ocean Springs, Mississippi. The median listing price is $325K.
Active listings
115
Homes on market
Median list price
$325K
Avg. days on market
101
Days until sale
New this week
42
Newly listed
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Frequently asked questions
What is the average home price in Ocean Springs?
The median home sale price in Ocean Springs is $296,500, down 7.0% from last year.
How long do homes stay on market in Ocean Springs?
Homes typically spend 101 days on market before going under contract.
Is Ocean Springs a buyer's or seller's market?
With 6.1 months of supply, Ocean Springs is currently a buyer's market.
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