Ocean City Market Report
$1,814,315
AVERAGE PRICE OF 311 HOMES$2,388,103
AVERAGE PRICE OF 209 MULTI-MILLION DOLLAR HOMES$2,549,316
AVERAGE PRICE OF 60 NEWLY BUILT HOMES$899,000
AVERAGE PRICE OF 1 HOMES WITH A POOL$1,345,650
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
Average Price | $1,814,315 |
Avg Bedrooms | 3.89 beds |
Avg Bathrooms | 3.13 baths |
Average Price by Bedrooms
1 bedroom | $407,847 |
2 bedrooms | $588,216 |
3 bedrooms | $1,006,027 |
4 bedrooms | $1,763,256 |
5 bedrooms | $2,608,810 |
Ocean City Home Price Trends
10/2024 | 9/2024 | 8/2024 | 7/2024 | 6/2024 | |
---|---|---|---|---|---|
Total Listings | 321 | 319 | 290 | 306 | 326 |
Average Price | $1,798,958 | $1,740,823 | $1,682,125 | $1,730,649 | $1,698,897 |
Avg Price Change | +3.34% | +3.49% | -2.88% | +1.87% | -0.20% |
Median Price | $1,437,661 | $1,371,494 | $1,342,952 | $1,462,648 | $1,382,345 |
Med Price Change | +4.82% | +2.13% | -8.91% | +5.81% | +3.05% |
Avg Bedrooms | 3.85 beds | 3.79 beds | 3.77 beds | 3.75 beds | 3.62 beds |
Avg Bathrooms | 3.11 baths | 3.03 baths | 3.01 baths | 3.08 baths | 3 baths |
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 311 | $1,814,315 | 86 days |
Multi-Million Dollar Homes | 209 | $2,388,103 | 89 days |
Newly Built Homes | 60 | $2,549,316 | 102 days |
Homes with a Pool | 1 | $899,000 | 86 days |
Reduced Price Homes | 6 | $1,345,650 | 68 days |