Bay Springs, MS Real Estate
According to census data in the year 2000 there were 890 housing units in Bay Springs.
This represents a 29.4% growth from 688 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 890 were located in what is classified as a rural area.
Homeownership rate in Bay Springs is about 73.2%.
Bay Springs's vacancy rate, including seasonal lodging, is about 13.1%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Bay Springs were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 10.30% |
| Two Bedrooms | 21.90% |
| Three Bedrooms | 52.90% |
| Four Bedrooms | 11.80% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $57,100 |
| Median Price asked for vacant units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $346 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 38.40% |
| Debt Free | 57.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
