Ocean City Real Estate Market
The median sale price for homes in Ocean City over the last 12 months is $468,625.
The median mortgage debt is $137,682.
The price per square foot for listings in this area is $352.
The median sale price in December for single family homes is $560,000. The sale prices increased by 10.89% from the previous month.
The number of active listings in Ocean City increased by 0.5% from the previous month.
The median number of days active properties have been listed is 97.
The number of sales in December dropped by 81.3% from the previous month.
Ocean City has a high % of unoccupied properties. It is 47.39% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Ocean City is 39.84% below the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
