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  • Ocean City Market Report

    $544,151

    AVERAGE PRICE OF 679 HOMES

    $261,920

    AVERAGE PRICE OF 5 DISTRESSED HOMES

    $2,444,496

    AVERAGE PRICE OF 51 MULTI-MILLION DOLLAR HOMES

    $774,037

    AVERAGE PRICE OF 16 NEWLY BUILT HOMES

    $2,324,697

    AVERAGE PRICE OF 20 HOMES WITH A POOL

    $463,624

    AVERAGE PRICE OF 16 REDUCED PRICE HOMES

    Average Home

    Average Price $544,151
    Avg Bedrooms 2.27 beds
    Avg Bathrooms 2.02 baths

    Average Price by Bedrooms

    1 bedroom $197,983
    2 bedrooms $306,774
    3 bedrooms $496,048
    4 bedrooms $737,699
    5 bedrooms $1,012,383
    Ocean City Home Price Trends
      10/2020 9/2020 8/2020 7/2020 6/2020
    Total Listings 724 714 722 742 813
    Average Price $530,402 $512,630 $493,474 $465,299 $435,437
    Avg Price Change +3.47% +3.88% +6.06% +6.86% +0.21%
    Median Price $355,681 $352,396 $351,193 $339,872 $334,326
    Med Price Change +0.93% +0.34% +3.33% +1.66% -0.08%
    Avg Bedrooms 2.28 beds 2.29 beds 2.27 beds 2.26 beds 2.25 beds
    Avg Bathrooms 2.07 baths 2.07 baths 2.03 baths 2.05 baths 2.08 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Stephen Decatur 342 $592,870 133 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 679 $544,151 120 days
    Distressed Homes 5 $261,920 52 days
    Multi-Million Dollar Homes 51 $2,444,496 275 days
    Newly Built Homes 16 $774,037 136 days
    Homes with a Pool 20 $2,324,697 186 days
    Reduced Price Homes 16 $463,624 76 days