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Featured local agent — Ocean City, FL
Sarah Mitchell
Compass Real Estate · Ocean City, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ocean City, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$320,000median sale price
How is the Ocean City, FL housing market right now?
The median home sale price in Ocean City, FL is $320,000, down 5.6% year-over-year. Homes sell in an average of 28 days with 23 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ocean City a buyer's or seller's market?
Ocean City, FL is currently a balanced market, based on 3.8 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
28
Average pace
Active listings
23
3.8 months supply
Sale-to-list
95.8%
Below asking
What does the Ocean City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $320,000 |
| Median list price | $419,450 |
| Year-over-year price change | -5.6% |
| Average days on market | 28 days |
| Active inventory | 23 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 95.8% |
| Median price per sq ft | $218/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 8 |
| Listings with a price cut | 34.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Ocean City by property type?
How the Ocean City, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $340,000 | $196/sq ft | 5 | 10 days |
| Condo / Co-op | $213,000 | $214/sq ft | 1 | 54 days |
| Townhouse | $300,000 | $240/sq ft | 1 | 269 days |
Source: Redfin · Updated monthly
The Ocean City housing market is currently classified as a balanced market with a median sale price of $320,000. Prices have fallen 5.6% compared to last year, with homes spending an average of 28 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
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 $419K.
Active listings
23
Homes on market
Median list price
$419K
Avg. days on market
28
Days until sale
New this week
8
Newly listed
Who lives in Ocean City?
Population
6,480
Median income
$56,160/yr
Median age
34.4 years
Owner-occupied
57.0%
College grads
27.6%
Avg commute
25.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Ocean City?
Ocean City is a community of approximately 6K residents with a median age of 34.4 years.The median household income is $56,160, which represents a working-class community with solid middle-income opportunities. 27.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.0%, showing a blend of owner and renter-occupied properties. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ocean City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Ocean City, FL?
Want a head-to-head view? Compare Ocean City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ocean City?
The median home sale price in Ocean City is $320,000, down 5.6% from last year.
How long do homes stay on market in Ocean City?
Homes typically spend 28 days on market before going under contract.
What is the median income in Ocean City?
The median household income is $56,160 per year.
Is Ocean City a buyer's or seller's market?
With 3.8 months of supply, Ocean City is currently a balanced market.
What is the median condo price in Ocean City?
The median condo/co-op sale price in Ocean City, FL is $213,000, compared to $340,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ocean City?
The median single-family home price in Ocean City, FL is $340,000 (about $196 per square foot).
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