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Featured local agent — Ocean Ridge, FL
Sarah Mitchell
Compass Real Estate · Ocean Ridge, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ocean Ridge, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.90Mmedian sale price
How is the Ocean Ridge, FL housing market right now?
The median home sale price in Ocean Ridge, FL is $1.90M, down 34.5% year-over-year. Homes sell in an average of 187 days with 45 active listings. The market is currently a buyer's 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 Ridge a buyer's or seller's market?
Ocean Ridge, FL is currently a buyer's market, based on 5.0 months of supply and homes selling in about 187 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
187
Average pace
Active listings
45
5.0 months supply
Sale-to-list
90.5%
Below asking
What does the Ocean Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.90M |
| Median list price | $850,000 |
| Year-over-year price change | -34.5% |
| Average days on market | 187 days |
| Active inventory | 45 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 90.5% |
| Median price per sq ft | $759/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 4 |
| Listings with a price cut | 22.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Ocean Ridge by property type?
How the Ocean Ridge, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $812,500 | $637/sq ft | 5 | 542 days |
| Townhouse | $1.77M | $668/sq ft | 2 | 55 days |
Source: Redfin · Updated monthly
The Ocean Ridge housing market is currently classified as a buyer's market with a median sale price of $1.90M. Prices have fallen 34.5% compared to last year, with homes spending an average of 187 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 13.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Ocean Ridge
There are currently 45 homes listed for sale in Ocean Ridge, Florida. The median listing price is $850K.
Active listings
45
Homes on market
Median list price
$850K
Avg. days on market
187
Days until sale
New this week
4
Newly listed
Who lives in Ocean Ridge?
Population
1,461
Median income
$111,023/yr
Median age
64.7 years
Owner-occupied
83.5%
College grads
77.1%
Avg commute
33.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Ocean Ridge?
Zillow home value
$1.49M
Price-to-income
13.4x
Source: Zillow Research
What is it like to live in Ocean Ridge?
Ocean Ridge is a community of approximately 1K residents with a median age of 64.7 years.The median household income is $111,023, which reflects a relatively affluent area with strong earning potential. 77.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Ocean Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Ocean Ridge, FL?
Want a head-to-head view? Compare Ocean Ridge 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 Ridge?
The median home sale price in Ocean Ridge is $1.90M, down 34.5% from last year.
How long do homes stay on market in Ocean Ridge?
Homes typically spend 187 days on market before going under contract.
What is the median income in Ocean Ridge?
The median household income is $111,023 per year.
Is Ocean Ridge a buyer's or seller's market?
With 5.0 months of supply, Ocean Ridge is currently a buyer's market.
What is the Zillow home value estimate for Ocean Ridge?
The Zillow Home Value Index (ZHVI) for Ocean Ridge is $1.49M, representing the typical home value in the area.
What is the median condo price in Ocean Ridge?
The median condo/co-op sale price in Ocean Ridge, FL is $812,500, based on the latest Redfin data.
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