• Ocean City Market Report

    $968,164

    AVERAGE PRICE OF 551 HOMES

    $2,076,899

    AVERAGE PRICE OF 139 MULTI-MILLION DOLLAR HOMES

    $1,081,111

    AVERAGE PRICE OF 112 NEWLY BUILT HOMES

    $2,983,166

    AVERAGE PRICE OF 3 HOMES WITH A POOL

    $517,000

    AVERAGE PRICE OF 2 REDUCED PRICE HOMES

    Average Home

    Average Price $968,164
    Avg Bedrooms 3.34 beds
    Avg Bathrooms 2.38 baths

    Average Price by Bedrooms

    1 bedroom $256,102
    2 bedrooms $431,245
    3 bedrooms $643,000
    4 bedrooms $1,148,963
    5 bedrooms $2,002,798
    Ocean City Home Price Trends
      11/2020 10/2020 9/2020 8/2020 7/2020
    Total Listings 577 620 666 615 350
    Average Price $981,732 $968,312 $984,168 $978,102 $1,058,881
    Avg Price Change +1.39% -1.64% +0.62% -8.26% +1.39%
    Median Price $699,107 $699,592 $700,588 $712,652 $720,481
    Med Price Change -0.07% -0.14% -1.72% -1.10% +0.89%
    Avg Bedrooms 3.35 beds 3.41 beds 3.58 beds 3.71 beds 3.45 beds
    Avg Bathrooms 2.4 baths 2.44 baths 2.63 baths 2.79 baths 2.55 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 551 $968,164 63 days
    Multi-Million Dollar Homes 139 $2,076,899 85 days
    Newly Built Homes 112 $1,081,111 77 days
    Homes with a Pool 3 $2,983,166 94 days
    Reduced Price Homes 2 $517,000 67 days