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 Type | 0.70% |
| One Bedroom | 10.10% |
| Two Bedrooms | 16.20% |
| Three Bedrooms | 52.10% |
| Four Bedrooms | 19.40% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $98,900 |
| Median Price asked for vacant units | $123,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $517 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.40% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 60% |
| Debt Free | 26.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
