If you need assistance, please call 609-780-1434

Ocean City

Ocean City Market Report

$974,473

AVERAGE PRICE OF 362 HOMES

$392,766

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,967,369

AVERAGE PRICE OF 105 MULTI-MILLION DOLLAR HOMES

$1,425,580

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$1,300,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$500,383

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $974,473
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $164,079
2 bedrooms $392,882
3 bedrooms $511,779
4 bedrooms $1,273,356
5 bedrooms $1,992,689
Ocean City Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 382 395 405 414 401
Average Price $957,004 $944,225 $954,724 $972,898 $924,134
Avg Price Change +1.35% -1.11% -1.90% +5.28% +2.43%
Median Price $697,811 $697,976 $708,405 $707,811 $691,619
Med Price Change -0.02% -1.49% +0.08% +2.34% +1.30%
Avg Bedrooms 3.42 beds 3.42 beds 3.49 beds 3.69 beds 3.7 beds
Avg Bathrooms 2.4 baths 2.42 baths 2.54 baths 2.68 baths 2.64 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 362 $974,473 97 days
Distressed Homes 3 $392,766 84 days
Multi-Million Dollar Homes 105 $1,967,369 108 days
Newly Built Homes 63 $1,425,580 73 days
Homes with a Pool 2 $1,300,000 106 days
Reduced Price Homes 12 $500,383 109 days
Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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