Ocean Springs, MS

Buyer's market-7.0% YoY

Housing market overview · Updated weekly

$296,500median sale price

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

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

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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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