Ocean City, MD Home Values & Market Trends
Real estate market trends reflect that there have been 1,553 transactions over the past year in Ocean City. The median value for residential home transactions that occurred over the previous year is $541,105. The number of current listings in Ocean City is 832, and the percentage of properties for sale in the city is 832.00%. Ocean City, MD currently has 8 properties in foreclosure, 5 bank owned properties, 0 properties headed for auction, and 832 properties for sale.
Ocean City, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 21842 | $ 541,105 $ 456/sqft |
Housing Market Summary for Ocean City, MD
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $527.5K | $525K | -0.46% |
| Median Sold Price | $429.7K | $478.8K | 11.43% |
| Homes For Sale | 663 | 833 | 25.64% |
| Homes Sold | 827 | 709 | -14.27% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ocean City, MD
Browse Homes in Ocean City, MD
Ocean City home values range from $153,027 to $9,500,000. The median estimated value of a home in Ocean City is $541,105. The median list price of a home is 525,000, and the total count of properties in the city is 1,547.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in Ocean City, MD with 21842 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ocean City, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $422,011 in 21842 to the lowest home value of $382,893 in 21842.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ocean City, MD ranges from the highest value of $1,235,000 in 21842 to the lowest value of $219,900 in 21842. Bank owned homes and properties account for 0.32% of properties in Ocean City, MD. There is 1 zips within Ocean City, MD; 21842 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Ocean City, MD. Auction homes and other auction properties account for 0% of all properties in Ocean City, MD. There is 1 zips within Ocean City, MD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Ocean City, MD
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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