$529,900
2 bd2 ba1,245 sqft
5401 Coastal Hwy UNIT 101
Ocean City, MD Housing Market
$449,996
0.9% 1-yrThe average Ocean City, MD home value is $449,996, down 0.9% over the past year and goes to pending in around 38 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Ocean City Key Takeaways
Typical Home Values: $449,996
1-year Value Change: -0.9%
(Data through May 31, 2025)
Ocean City Housing Market Overview
--1-year Market Forecast
540For sale inventory(May 31, 2025)
137New listings(May 31, 2025)
0.977Median sale to list ratio(April 30, 2025)
$441,800Median sale price(April 30, 2025)
$439,333Median list price(May 31, 2025)
11.5%Percent of sales over list price(April 30, 2025)
72.1%Percent of sales under list price(April 30, 2025)
38Median days to pending(May 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Ocean City
- NameMedian ZHVI
- Midtown$452,324
- North Ocean City$440,876
- Boardwalk/Inlet$503,406
- West Ocean City$497,018
- Doverdale/Church Street$174,802
- West Side$151,975
- Camden Avenue$235,969
- West Cape May$1,221,846
- Diamond Beach$827,213
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Ocean City Rental Market Trends
--Average rent in Ocean City(April 30, 2025)
$2,049National average rent(May 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
