Ocean City, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 832 transactions over the past year in Ocean City. The median value for residential home transactions that occurred over the previous year is $1,723,422. The number of current listings in Ocean City is 472, and the percentage of properties for sale in the city is 472.00%. Ocean City, NJ currently has 21 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 472 properties for sale.

Ocean City, NJ Real Estate Market Overview

ZipMedian Est. Value
08226

$ 1,723,422

$ 942/sqft

Housing Market Summary for Ocean City, NJ

Sep 2025September 2026Change
Median Listing Price$1.6M$1.6M4.81%
Median Sold Price$1.1M$1.1M-2.33%
Homes For Sale29748563.30%
Homes Sold24836446.77%
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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%.

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Browse Homes in Ocean City, NJ

Ocean City home values range from $24,225 to $24,910,973. The median estimated value of a home in Ocean City is $1,723,422. The median list price of a home is 1,697,000, and the total count of properties in the city is 907.

Foreclosure
There is 1 zips within Ocean City, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $5,430,714 in 08226 to the lowest value of $364,443 in 08226. Foreclosure homes account for 2.00% of properties in Ocean City, NJ with 08226 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.98% of all residential properties in Ocean City, NJ with 08226 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ocean City, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $4,993,330 in 08226 to the lowest home value of $364,443 in 08226.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Ocean City, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Ocean City, NJ. There is 1 zips within Ocean City, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    08226 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Ocean City, NJ. Auction homes and other auction properties account for 0.33% of all properties in Ocean City, NJ. There is 1 zips within Ocean City, NJ; of that zips, the median estimated home value for homes going to auction ranges from $5,430,714 in 08226 to the lowest value of $603,480 in 08226.
Homes for Sale
Homes and properties that are actively listed for sale account for 52.04% of residential properties in Ocean City, NJ with 08226 containing 472 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Ocean City, NJ; homes for sale in that zips, have a range of median values from $24,910,973 in 08226 to the lowest value of $162,000 in 08226.
    Sold Homes
    The median value for recently sold homes ranges from $6,890,164 in 08226 to the lowest price of $24,225 in 08226. There is 1 zips within Ocean City, NJ. 08226 has 393 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 43.33% of properties in Ocean City, NJ.

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      Guide for Ocean City, NJ

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.