Ocean City, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Ocean City, NJ is $1.30M, down 2.5% year-over-year. Homes sell in an average of 105 days with 283 active listings. The market is currently a buyer's market.
$1.30Mmedian sale price
Is Ocean City a buyer's or seller's market?
Ocean City, NJ is currently a buyer's market, based on 8.6 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
33
Last 12 weeks
Days on market
105
Average pace
Active listings
283
8.6 months supply
Sale-to-list
96.7%
Below asking
Ocean City, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $1.30M |
| Median list price | $1.37M |
| Year-over-year price change | -2.5% |
| Average days on market | 105 days |
| Active inventory | 283 listings |
| Months of supply | 8.6 months |
| Sale-to-list price ratio | 96.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Ocean City housing market is currently classified as a buyer's market with a median sale price of $1.30M. Prices have fallen 2.5% compared to last year, with homes spending an average of 105 days on market, indicating 8.6 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 283 homes listed for sale in Ocean City, New Jersey. The median listing price is $1.4M.
Active listings
283
Homes on market
Median list price
$1.4M
Avg. days on market
105
Days until sale
New this week
84
Newly listed
Top public schools in Ocean City
3 schools tracked · 1,836 students
The largest public schools serving Ocean City, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ocean City High School
Grades 9-12 · 1,190 students
Ocean City Intermediate School
Grades 4-8 · 355 students
Ocean City Primary School
Grades PK-3 · 291 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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 $1.30M, down 2.5% from last year.
How long do homes stay on market in Ocean City?
Homes typically spend 105 days on market before going under contract.
Is Ocean City a buyer's or seller's market?
With 8.6 months of supply, Ocean City is currently a buyer's market.
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