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2025 Compare Cities Housing:
Ocean Springs, MS vs Panama City, FL

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Highlights
- The median age of a home in Ocean Springs is 7.1% younger than the median age of a home in Panama City.
 Ocean Springs, MSPanama City, FLUnited States
 Median Home Age42  Unlock42
 Median Home Cost  Unlock$252,800$338,100
 Home Appr. Last 12 months15.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock84.5%57.0%
 Home Appr. Last 10 yrs.68.4%  Unlock101.1%
 Property Tax Rate  Unlock$6.9$11.0
 Homes Owned64.6%  Unlock57.4%
 Housing Vacant  Unlock9.9%11.2%
 Homes Rented27.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Ocean Springs, MSPanama City, FLUnited States
 Average Rent  Unlock$1,650$1,840
 Studio Apartment$720  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,050$1,180
 2 Bedroom Home or Apartment$1,000  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,670$1,860
 4 Bedroom Home or Apartment$1,700  Unlock$2,160
 space1
 Vacant Housing
 Ocean Springs, MSPanama City, FLUnited States
 Vacant For Rent  Unlock1.4%1.9%
 Vacant Rented0.3%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock1.7%3.6%
 Vacant Other2.9%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Ocean Springs, MSPanama City, FLUnited States
 Less Than $20,000  Unlock2.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock5.3%2.8%
 $60,000 to $79,9994.8%  Unlock3.9%
 $80,000 to $99,999  Unlock8.6%4.5%
 $100,000 to $149,99920.1%  Unlock11.3%
 $150,000 to $199,999  Unlock20.6%13.0%
 $200,000 to $299,99919.9%  Unlock20.1%
 $300,000 to $399,999  Unlock9.4%13.6%
 $400,000 to $499,9993.4%  Unlock8.3%
 $500,000 to $749,999  Unlock2.3%9.7%
 $750,000 to $999,9992.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.9%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.5%1.1%
 space3
 Housing Units By Year Built
 Ocean Springs, MSPanama City, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock10.2%13.6%
 2000 to 200915.0%  Unlock13.6%
 1990 to 1999  Unlock13.1%13.6%
 1980 to 198913.0%  Unlock13.2%
 1970 to 1979  Unlock15.1%14.8%
 1960 to 196911.2%  Unlock13.6%
 1950 to 1959  Unlock13.4%10.0%
 1940 to 19491.0%  Unlock4.7%
 1939 or Earlier  Unlock6.7%12.2%
Transportation
Reviews for Ocean Springs    16 Reviews
Pahl · Ocean Springs, MS
A Great Place to Live
Over 3 years ago

I have lived in Ocean springs for 25 years now. I am a Yank by birth (Michigan), but a Mississippian by choice. I was a career military person and I was pretty upset  More

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GUSORD · Ocean Springs, MS
HOME BUYER BE WARE
Over 4 years ago

Any one buying a house in ocean springs should hire a licensed home inspector to make sure the house meets the current code. In parktown where I live they are making  More

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Kj · Ocean Springs, MS
Homeowners Insurance Sucks
Over 10 years ago

Run for the hills, Home owners insurance continues to rise and then you can't sell your house. The school superintendent retires with a fat retirement package and  More

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Reviews for Panama City    20 Reviews
Ryan · Stow, OH
Worst mistake ever
Over 3 years ago

I moved here from Akron, OH back in 2007 and was expecting a huge city (similar to Miami), nope, I was wrong. It ended up being more like a backwards redneck town more  More

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Ryan · Stow, OH
Red Neck City, FL
Over 4 years ago

If you love bars, trailers, isolation, and generic shopping while feeling depressed then this is the place for you. Panama City has alot of shallow people, most red  More

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Lamont · Panama City, FL
Better wait until hurricane recovery is complete.
Over 6 years ago

This review is from a 24 year resident moved from Michigan. When I first moved, I missed the bigger city things like a university, large library, electronics stores, and  More

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Learn More About Ocean Springs, Mississippi
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Learn More About Panama City, Florida
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