Ocean City, WA is a great place to invest in real estate. With a median housing value of $264,400 the city is significantly lower than the US median housing value of $338,100. Despite the lower median value, Ocean City has shown good house appreciation over the past year at 8.98%, which is slightly higher than the US average of 8.27%. This makes investing in housing in Ocean City very attractive as buyers get more for their money and can expect a good return on investment. Investing in Ocean City real estate is definitely worth considering for potential buyers looking for a good investment opportunity.
The median home cost in Ocean City is $264,400. Home appreciation the last 10 years has been 140.9%. Home Appreciation in Ocean City is up 16.1%.
Average Age of Homes
- The median age of Ocean City real estate is 60 years old
The Rental Market in Ocean City
- Renters make up 16.8% of the Ocean City population
- 0.0% 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.