If you need assistance, please call 443-567-0650

Ocean City Market Report

$672,240

AVERAGE PRICE OF 513 HOMES

$584,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,192,481

AVERAGE PRICE OF 62 MULTI-MILLION DOLLAR HOMES

$850,922

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$1,880,000

AVERAGE PRICE OF 12 HOMES WITH A POOL

$413,855

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $672,240
Avg Bedrooms 2.24 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $306,127
2 bedrooms $434,596
3 bedrooms $685,510
4 bedrooms $930,006
5 bedrooms $1,484,875
Ocean City Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 502 443 417 454 450
Average Price $674,656 $690,422 $707,180 $692,611 $705,868
Avg Price Change -2.34% -2.43% +2.10% -1.91% -3.77%
Median Price $474,750 $481,300 $485,970 $482,148 $491,553
Med Price Change -1.38% -0.97% +0.79% -1.95% -3.91%
Avg Bedrooms 2.24 beds 2.21 beds 2.23 beds 2.27 beds 2.31 beds
Avg Bathrooms 2.11 baths 2.1 baths 2.1 baths 2.13 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Stephen Decatur 195 $709,882 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 513 $672,240 102 days
Distressed Homes 2 $584,900 11 days
Multi-Million Dollar Homes 62 $2,192,481 166 days
Newly Built Homes 20 $850,922 208 days
Homes with a Pool 12 $1,880,000 228 days
Reduced Price Homes 16 $413,855 83 days
Carol Proctor, Associate Broker Berkshire Hathaway HomeServices Penfed Realty
Carol Proctor, Associate Broker, Team Leader
5000 Coastal Highway #6
Ocean City, MD 21842
443-567-0650

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Carol Proctor, Associate Broker Berkshire Hathaway HomeServices Penfed Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2024 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: March 2, 2024 8 PM.
This site powered by CINC: www.cincpro.com