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  • Ocean City Market Report

    $616,389

    AVERAGE PRICE OF 494 HOMES

    $389,450

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $2,259,826

    AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

    $832,403

    AVERAGE PRICE OF 31 NEWLY BUILT HOMES

    $3,845,462

    AVERAGE PRICE OF 8 HOMES WITH A POOL

    $556,242

    AVERAGE PRICE OF 7 REDUCED PRICE HOMES

    Average Home

    Average Price $616,389
    Avg Bedrooms 2.22 beds
    Avg Bathrooms 1.97 baths

    Average Price by Bedrooms

    1 bedroom $312,616
    2 bedrooms $321,117
    3 bedrooms $539,554
    4 bedrooms $781,699
    5 bedrooms $1,072,842
    Ocean City Home Price Trends
      4/2021 3/2021 2/2021 1/2021 12/2020
    Total Listings 512 532 547 532 604
    Average Price $645,258 $636,679 $609,996 $578,364 $550,293
    Avg Price Change +1.35% +4.37% +5.47% +5.10% +0.55%
    Median Price $430,660 $430,559 $407,227 $393,243 $382,673
    Med Price Change +0.02% +5.73% +3.56% +2.76% +3.50%
    Avg Bedrooms 2.27 beds 2.33 beds 2.28 beds 2.24 beds 2.27 beds
    Avg Bathrooms 1.98 baths 2.04 baths 2.04 baths 2.01 baths 2.01 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Stephen Decatur 210 $668,634 100 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 494 $616,389 97 days
    Distressed Homes 2 $389,450 113 days
    Multi-Million Dollar Homes 50 $2,259,826 220 days
    Newly Built Homes 31 $832,403 141 days
    Homes with a Pool 8 $3,845,462 187 days
    Reduced Price Homes 7 $556,242 40 days