2025 Compare Cities Housing:
Richmond, VA vs Ocean City, MD

Change Cities
Highlights
- The median age of a home in Richmond is 38.1% older than the median age of a home in Ocean City.
 Richmond, VAOcean City, MDUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$433,600$338,100
 Home Appr. Last 12 months15.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock56.6%57.0%
 Home Appr. Last 10 yrs.93.9%  Unlock101.1%
 Property Tax Rate  Unlock$8.4$11.0
 Homes Owned38.9%  Unlock57.4%
 Housing Vacant  Unlock87.6%11.2%
 Homes Rented50.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Richmond, VAOcean City, MDUnited States
 Average Rent  Unlock$1,340$1,840
 Studio Apartment$1,140  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$820$1,180
 2 Bedroom Home or Apartment$1,320  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,360$1,860
 4 Bedroom Home or Apartment$2,080  Unlock$2,160
 space1
 Vacant Housing
 Richmond, VAOcean City, MDUnited States
 Vacant For Rent  Unlock1.4%1.9%
 Vacant Rented1.3%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock84.9%3.6%
 Vacant Other4.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Richmond, VAOcean City, MDUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9992.9%  Unlock3.9%
 $80,000 to $99,999  Unlock1.3%4.5%
 $100,000 to $149,99911.4%  Unlock11.3%
 $150,000 to $199,999  Unlock11.2%13.0%
 $200,000 to $299,99921.0%  Unlock20.1%
 $300,000 to $399,999  Unlock23.4%13.6%
 $400,000 to $499,9998.6%  Unlock8.3%
 $500,000 to $749,999  Unlock9.8%9.7%
 $750,000 to $999,9993.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.2%2.2%
 $1,500,000 to $1,999,9990.7%  Unlock0.8%
 $2,000,000 and over  Unlock1.3%1.1%
 space3
 Housing Units By Year Built
 Richmond, VAOcean City, MDUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock13.2%13.6%
 2000 to 20095.3%  Unlock13.6%
 1990 to 1999  Unlock4.6%13.6%
 1980 to 19897.1%  Unlock13.2%
 1970 to 1979  Unlock32.9%14.8%
 1960 to 19695.8%  Unlock13.6%
 1950 to 1959  Unlock1.4%10.0%
 1940 to 19499.1%  Unlock4.7%
 1939 or Earlier  Unlock1.4%12.2%
Reviews for Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

   |    Reply

Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

   |    Reply

Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

   |    Reply

Start Your Review of Richmond

Reviews for Ocean City    6 Reviews

Over 7 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

   |    Reply

Over 12 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

   |    Reply

Over 12 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

   |    Reply

Start Your Review of Ocean City


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.