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  • Ocean City Market Report

    $635,052

    AVERAGE PRICE OF 571 HOMES

    $289,000

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,941,825

    AVERAGE PRICE OF 75 MULTI-MILLION DOLLAR HOMES

    $909,887

    AVERAGE PRICE OF 28 NEWLY BUILT HOMES

    $2,287,298

    AVERAGE PRICE OF 18 HOMES WITH A POOL

    $431,646

    AVERAGE PRICE OF 15 REDUCED PRICE HOMES

    Average Home

    Average Price $635,052
    Avg Bedrooms 2.32 beds
    Avg Bathrooms 2.09 baths

    Average Price by Bedrooms

    1 bedroom $247,961
    2 bedrooms $361,128
    3 bedrooms $629,025
    4 bedrooms $866,353
    5 bedrooms $916,030
    Ocean City Home Price Trends
      8/2021 7/2021 6/2021 5/2021 4/2021
    Total Listings 523 477 474 486 512
    Average Price $651,576 $662,627 $657,685 $636,908 $645,258
    Avg Price Change -1.70% +0.75% +3.26% -1.31% +1.35%
    Median Price $449,956 $463,666 $451,517 $427,968 $430,660
    Med Price Change -3.05% +2.69% +5.50% -0.63% +0.02%
    Avg Bedrooms 2.3 beds 2.32 beds 2.26 beds 2.23 beds 2.27 beds
    Avg Bathrooms 2.08 baths 2.09 baths 2.03 baths 1.98 baths 1.98 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Stephen Decatur 246 $704,012 96 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 571 $635,052 88 days
    Distressed Homes 1 $289,000 67 days
    Multi-Million Dollar Homes 75 $1,941,825 157 days
    Newly Built Homes 28 $909,887 221 days
    Homes with a Pool 18 $2,287,298 143 days
    Reduced Price Homes 15 $431,646 59 days