Zip 21811 (Ocean Pines, MD) Housing

The housing market in 21811 Ocean Pines, MD is thriving. According to the given data, the median value for housing in this area is $394,300, which is higher than the US median value of $338,100. Furthermore, the one year house appreciation in 21811 Ocean Pines is 14.76%, which is greater than the national average of 8.27%. Therefore, it can be concluded that 21811 Ocean Pines has a strong housing market and that investing in property would be a wise decision at this time.

The median home cost in Ocean Pines (zip 21811) is $394,300. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Ocean Pines (zip 21811) is up 14.0%.

Average Age of Homes

- The median age of Ocean Pines (zip 21811) real estate is 25 years old

The Rental Market in Ocean Pines (zip 21811)

- Renters make up 10.5% of the Ocean Pines (zip 21811) population
- 0.2% of houses and apartments in Ocean Pines (zip 21811), 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

Housing	Ocean Pines, Maryland	United States
	15,224.0	139,647,020.0
	28	42
	$394,300	$338,100
	14.0%	16.6%
	56.6%	57.0%
	67.3%	101.1%
	$8.32	$10.98
	$2,339	$2,690
	54.1%	57.4%
	32.8%	11.2%
	13.1%	31.4%
Vacant Housing
	0.2%	1.9%
	0.1%	0.4%
	1.4%	0.7%
	0.2%	0.4%
	28.7%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	1.0%	2.4%
	0.5%	2.8%
	0.4%	3.9%
	0.9%	4.5%
	3.5%	11.3%
	8.9%	13.0%
	41.1%	20.1%
	15.8%	13.6%
	13.5%	8.3%
	6.7%	9.7%
	3.6%	3.9%
	1.5%	2.2%
	0.1%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	27.4%	13.6%
	27.4%	13.6%
	26.4%	13.6%
	20.9%	13.2%
	10.9%	14.8%
	26.4%	13.6%
	2.6%	10.0%
	1.1%	4.7%
	4.4%	12.2%

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