Ocean Springs, MS has experienced a strong appreciation in housing values year over year. The median value of a house in Ocean Springs is $226,200, which is significantly lower than the US median value of $338,100. However, its 1-year house appreciation rate of 14.52% far outpaces the US average of 8.27%. This suggests that Ocean Springs is experiencing higher growth in housing prices than the nation as a whole. It's an attractive place for homebuyers who are interested in buying properties and watching them appreciate over time.
The median home cost in Ocean Springs (zip 39564) is $226,200. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Ocean Springs (zip 39564) is up 15.8%.
Average Age of Homes
- The median age of Ocean Springs (zip 39564) real estate is 29 years old
The Rental Market in Ocean Springs (zip 39564)
- Renters make up 23.8% of the Ocean Springs (zip 39564) population
- 1.0% of houses and apartments in Ocean Springs (zip 39564), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.