Ocean City Market Report
$760,633
AVERAGE PRICE OF 351 HOMES$674,950
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,566,056
AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES$855,635
AVERAGE PRICE OF 17 NEWLY BUILT HOMES$2,528,088
AVERAGE PRICE OF 8 HOMES WITH A POOL$811,775
AVERAGE PRICE OF 21 REDUCED PRICE HOMESAverage Home
Average Price | $760,633 |
Avg Bedrooms | 2.37 beds |
Avg Bathrooms | 2.17 baths |
Average Price by Bedrooms
1 bedroom | $296,027 |
2 bedrooms | $439,010 |
3 bedrooms | $646,985 |
4 bedrooms | $1,280,129 |
5 bedrooms | $1,506,200 |
Ocean City Home Price Trends
7/2022 | 6/2022 | 5/2022 | 4/2022 | 3/2022 | |
---|---|---|---|---|---|
Total Listings | 336 | n/a | n/a | n/a | 328 |
Average Price | $760,397 | n/a | n/a | n/a | $823,946 |
Avg Price Change | n/a | n/a | n/a | n/a | +0.76% |
Median Price | $481,190 | n/a | n/a | n/a | $504,278 |
Med Price Change | n/a | n/a | n/a | n/a | +1.23% |
Avg Bedrooms | 2.32 beds | n/a | n/a | n/a | 2.26 beds |
Avg Bathrooms | 2.16 baths | n/a | n/a | n/a | 2.03 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Stephen Decatur | 180 | $892,737 | 102 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 351 | $760,633 | 84 days |
Distressed Homes | 2 | $674,950 | 55 days |
Multi-Million Dollar Homes | 48 | $2,566,056 | 162 days |
Newly Built Homes | 17 | $855,635 | 187 days |
Homes with a Pool | 8 | $2,528,088 | 152 days |
Reduced Price Homes | 21 | $811,775 | 73 days |