Ocean City Market Report
$1,744,870
AVERAGE PRICE OF 326 HOMES$2,437,520
AVERAGE PRICE OF 200 MULTI-MILLION DOLLAR HOMES$2,481,024
AVERAGE PRICE OF 62 NEWLY BUILT HOMES$899,000
AVERAGE PRICE OF 1 HOMES WITH A POOL$1,204,288
AVERAGE PRICE OF 13 REDUCED PRICE HOMESAverage Home
Average Price | $1,744,870 |
Avg Bedrooms | 3.79 beds |
Avg Bathrooms | 3.03 baths |
Average Price by Bedrooms
1 bedroom | $360,712 |
2 bedrooms | $628,470 |
3 bedrooms | $989,419 |
4 bedrooms | $1,779,190 |
5 bedrooms | $2,562,863 |
Ocean City Home Price Trends
8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
---|---|---|---|---|---|
Total Listings | 290 | 306 | 326 | 310 | 309 |
Average Price | $1,682,125 | $1,730,649 | $1,698,897 | $1,702,315 | $1,694,562 |
Avg Price Change | -2.88% | +1.87% | -0.20% | +0.46% | -1.96% |
Median Price | $1,342,952 | $1,462,648 | $1,382,345 | $1,341,478 | $1,373,793 |
Med Price Change | -8.91% | +5.81% | +3.05% | -2.41% | +0.96% |
Avg Bedrooms | 3.77 beds | 3.75 beds | 3.62 beds | 3.62 beds | 3.67 beds |
Avg Bathrooms | 3.01 baths | 3.08 baths | 3 baths | 2.94 baths | 2.98 baths |
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 326 | $1,744,870 | 83 days |
Multi-Million Dollar Homes | 200 | $2,437,520 | 88 days |
Newly Built Homes | 62 | $2,481,024 | 119 days |
Homes with a Pool | 1 | $899,000 | 39 days |
Reduced Price Homes | 13 | $1,204,288 | 62 days |