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

Ocean City Market Report

$640,953

AVERAGE PRICE OF 554 HOMES

$289,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,984,822

AVERAGE PRICE OF 73 MULTI-MILLION DOLLAR HOMES

$909,887

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$2,357,447

AVERAGE PRICE OF 17 HOMES WITH A POOL

$554,126

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $640,953
Avg Bedrooms 2.33 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $240,889
2 bedrooms $357,939
3 bedrooms $620,435
4 bedrooms $920,353
5 bedrooms $931,707
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 237 $727,588 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 554 $640,953 90 days
Distressed Homes 1 $289,000 73 days
Multi-Million Dollar Homes 73 $1,984,822 164 days
Newly Built Homes 28 $909,887 227 days
Homes with a Pool 17 $2,357,447 144 days
Reduced Price Homes 19 $554,126 75 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
Loan Depot, NMLS #174457
Richard Proctor, NMLS #110405
Phone: 443-992-2197
rickproctor@loandepot.com
https://www.loanDepot.com/rickproctor

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. © 2021 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: September 26, 2021 1 PM.
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