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

Ocean City Market Report

$713,899

AVERAGE PRICE OF 435 HOMES

$2,077,245

AVERAGE PRICE OF 67 MULTI-MILLION DOLLAR HOMES

$988,377

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$2,348,052

AVERAGE PRICE OF 17 HOMES WITH A POOL

$745,463

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $713,899
Avg Bedrooms 2.34 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $302,004
2 bedrooms $413,368
3 bedrooms $782,631
4 bedrooms $1,063,611
5 bedrooms $2,549,833
Ocean City Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 416 369 321 314 346
Average Price $732,445 $768,563 $761,042 $741,952 $708,912
Avg Price Change -4.93% +0.99% +2.57% +4.66% +2.73%
Median Price $510,767 $515,773 $502,370 $497,230 $493,826
Med Price Change -0.98% +2.67% +1.03% +0.69% +2.37%
Avg Bedrooms 2.41 beds 2.52 beds 2.47 beds 2.42 beds 2.37 beds
Avg Bathrooms 2.2 baths 2.28 baths 2.23 baths 2.19 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Stephen Decatur 172 $796,383 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 435 $713,899 79 days
Multi-Million Dollar Homes 67 $2,077,245 145 days
Newly Built Homes 23 $988,377 133 days
Homes with a Pool 17 $2,348,052 167 days
Reduced Price Homes 28 $745,463 57 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

Fair Housing/Equal Opportunity
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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. © 2023 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: October 3, 2023 8 AM.
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