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 |
