Ocean City, FL

Buyer's market-10.0% YoY

Housing market overview · Updated weekly

$369,000median sale price

Homes sold

3

Last 12 weeks

Days on market

75

Average pace

Active listings

23

7.7 months supply

Sale-to-list

99.8%

Below asking

The Ocean City housing market is currently classified as a buyer's market with a median sale price of $369,000. Prices have fallen 10.0% compared to last year, with homes spending an average of 75 days on market, indicating 7.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Ocean City

There are currently 23 homes listed for sale in Ocean City, Florida. The median listing price is $350K.

Active listings

23

Homes on market

Median list price

$350K

Avg. days on market

75

Days until sale

New this week

8

Newly listed

Price drops:30.4%of listings
Sale-to-list:99.8%

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Frequently asked questions

What is the average home price in Ocean City?

The median home sale price in Ocean City is $369,000, down 10.0% from last year.

How long do homes stay on market in Ocean City?

Homes typically spend 75 days on market before going under contract.

Is Ocean City a buyer's or seller's market?

With 7.7 months of supply, Ocean City is currently a buyer's market.

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