Ocean City Real Estate Market
The median sale price for homes in Ocean City over the last 12 months is $290,000.
The median mortgage debt is $108,761.
The price per square foot for listings in this area is $284.
The median sale price in January for single family homes is $206,000. The sale prices dropped by -5.5% from the previous month.
The number of active listings in Ocean City increased by 1.4% from the previous month.
The median number of days active properties have been listed is 169. This is much longer than the national average.
The number of sales in January dropped by 90% from the previous month.
Ocean City has a high % of unoccupied properties. It is 71.09% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Ocean City is 53.67% below the national average.
The percent of rental properties in Ocean City is 14.63% below the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.