Ocean Pines Real Estate Market

Ocean Pines Market

The median sale price for homes in Ocean Pines over the last 12 months is $223,750.


The median mortgage debt is $124,205.

Additional Statistics for Single Family Homes and Condos in Ocean Pines, MD
$265,170
Median Listing Price
85
Median Days on Market
192
Active Listings
5.2%
Distressed Listings
(foreclosures and short sales)
Ocean Pines, MD Price Trends - Sold vs. Listed
The median list price in May for single family homes in Ocean Pines is $264,900. The list prices increased by 3.9% from the previous month.

The price per square foot for listings in this area is $168.

The median sale price in December for single family homes is $187,000. The sale prices increased by 8.09% from the previous month.

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Ocean Pines, MD Market Inventory Trends

The number of active listings in Ocean Pines dropped by 4% from the previous month.

The median number of days active properties have been listed is 82. This is significantly shorter than the national average.

The number of sales in December dropped by 84.6% from the previous month.

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Ocean Pines, MD Property Ownership

Ocean Pines has a high % of unoccupied properties. It is 21.12% more than the national average. This can drive sales prices down.

The percent of rental properties in Ocean Pines is 11.06% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.