Ocean Springs, Mississippi.
Typical home $273,211 (+0.5% in a year), asking rent $1,846 (+3.4%). Gulfport-Biloxi, MS metro.
to buy the typical home at today's mortgage rate — +$763 (+114%) since Jan 2020.
- 1 year
- Up $1,348 +0%
- $271,863$273,211 since Sep 2025
- 5 years
- Up $48,368 +22%
- $224,843$273,211 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Ocean Springs$1,434
- Mississippi$1,021
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Ocean Springs, MS rose 0.5% over the past year — slower than the nation's +1.2%.
Asking rents in Ocean Springs, MS rose 3.4% over the past year — faster than the nation's +2.7%.
Owning the typical home in Ocean Springs runs $42/mo more than renting one. The gap peaked at $242 in Oct 2023.
That is $1,888 a month against $1,846 rent: a $1,434 mortgage payment, plus $161 property tax and $292 insurance & upkeep.
Owning vs renting — Ocean Springs
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,888
- Renting$1,846
- Mortgage only$1,434
Property tax · $161/mo 0.71% of value a year — the ACS 2020-2024 median bill over the median home value for Jackson County, MS
Insurance & upkeep · $292/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Ocean Springs, Jackson County, Mississippi
Ocean Springs is a city of 18,429 people in Jackson County. Half its households earn more than $79,712 a year and half less, against $66,201 across Jackson County; 6% of its people live below the poverty line. 69% of its homes are lived in by their owners and 31% are rented. Unemployment in Jackson County was 3.0% in August 2026, and the county had 2.4% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Ocean Springs is a small Gulf Coast city whose residents are older on average than across much of the country. Incomes run well above the county's, relatively few households live below the poverty line, and most homes are lived in by their owners. A good share of adults hold a four-year degree, and winters are mild, with little or no snow, hot summers, and plenty of rain through the year.
Work. Many residents work in schools, hospitals and social care, in restaurants, hotels and entertainment, or in government and professional services. The largest workplaces in town include the Ocean Springs School District, Walmart and ATS Operating. Jackson County has seen somewhat fewer jobs than a year earlier, though unemployment there has eased over the past year, and a modest share of residents work from home.
Things to do. The Walter Anderson Museum of Art sits in or beside town, as does Fort Maurepas. A short drive away are the Ohr-O'Keefe Museum of Art and the Mississippi Sandhill Crane National Wildlife Refuge, a protected area for walks and birdwatching.
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- 8,202households
- 46%of adults have a degree
- 6%below the poverty line
- 26 mintypical commute
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. Jackson County had 50,095 jobs in 2025, 2.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 60° and lows near 44°; warmest in August, with highs near 90° and lows near 75°. About 67 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Biloxi weather station, 13 miles away (NOAA).
Largest workplaces in Ocean Springs
- Ocean Springs School DistSchool district814FTE
- WalmartWarehouse clubs and supercenters409
- ATS OperatingUsed merchandise store81
- Ocean SpringsMail and parcel delivery58
- Ocean Springs Lumber CompanyBuilding materials supply dealers55
- PFG Precision OpticsPrisms, optical, manufacturing46
- US LBM HoldingsWood window and door manufacturing41
- CheckersFullservice restaurant39
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 11 workplaces with 20 or more staff, 842 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HurricanesVery high
- Coastal floodingRelatively high
- LightningRelatively high
- TornadoesRelatively high
- WildfireRelatively moderate
- Heat wavesrelatively high in parts of Ocean SpringsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Ocean Springs’ census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Jackson County and the Gulfport-Biloxi, MS metro.
Ocean Springs home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Ocean Springs$273,211
- Mississippi$194,531
- United States$366,157
Sellers are cutting prices on about 1 in 3 Ocean Springs listings, and the typical home goes pending in 37 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Ocean Springs29.31%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Ocean Springs37
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Ocean Springs275
New listings per month
Sellers arriving at the market.
- Ocean Springs62
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Ocean Springs$286,137
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Ocean Springs97.22%
Zip codes with a Ocean Springs address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Ocean Springs — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.