Ocean City, MD Housing


6 Reviews



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Ocean City, MD is a desirable area for housing due to its median value that is significantly higher than the US House Median Value. This makes many people interested in living there as it offers more value for their money. Additionally, the 1 year appreciation rate of 14.76% is much higher than the national average of 8.27%, meaning that Ocean City is an ideal place to invest in property and make returns of greater value over time.

The median home cost in Ocean City is $433,600. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Ocean City is up 14.0%.

Average Age of Homes
- The median age of Ocean City real estate is 36 years old
The Rental Market in Ocean City
- Renters make up 2.3% of the Ocean City population
- 1.4% of houses and apartments in Ocean City, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingOcean City, MarylandUnited States
  29,941.0139,647,020.0
  3942
  $433,600$338,100
  14.0%16.6%
  56.6%57.0%
  67.3%101.1%
  $8.37$10.98
  $3,468$2,690
  8.9%57.4%
  87.6%11.2%
  3.5%31.4%
  Vacant Housing
  1.4%1.9%
  0.5%0.4%
  0.5%0.7%
  0.0%0.4%
  84.9%3.6%
  0.2%4.1%
  Value of Owner-Occupied Housing
  0.3%2.6%
  1.3%2.4%
  0.0%2.8%
  0.0%3.9%
  1.3%4.5%
  6.2%11.3%
  11.2%13.0%
  25.7%20.1%
  23.4%13.6%
  8.5%8.3%
  9.8%9.7%
  9.8%3.9%
  1.2%2.2%
  0.2%0.8%
  1.3%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  13.2%13.6%
  13.2%13.6%
  4.6%13.6%
  37.7%13.2%
  32.9%14.8%
  4.6%13.6%
  1.4%10.0%
  1.1%4.7%
  1.4%12.2%
Reviews for Ocean City
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Over 6 years ago

The town itself if quaint but typically coastal. In high season you will crawl from traffic light to traffic light. Maybe place to be single but don't grow old alone.  More

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Over 11 years ago

Not that bad at all. My family stays here every summer, and we have no problems. The crime rating is only a 10 because the boardwalk gets a lot of petty theft and drunk  More

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Over 11 years ago

Crime here really isnt a 10. The boardwalk gets a lot of drunk people and petty theft during the summer, and that skews the results. Ive stayed here in OC every summer  More

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