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Ocean City, MD Real Estate & Property Data

Ocean City Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Ocean City, MD 21842. ATTOM’s Ocean City real estate data is updated daily, and current market trends show that in Ocean City, MD a total of 1,430 residential properties have sold over the past year. With a median home price of $535,000 in Ocean City. Get detailed property data for Ocean City, MD instantly. ATTOM is your one-stop-shop for the Ocean City property reports and real estate data you need in Ocean City, MD.

Ocean City Real Estate Market Trends

Get property data for any address in Ocean City, MD or the country:

Total Residential Properties 31,158

Total Commercial Properties 1,503

Avg. Home Age (Single Family Home) 37 Years

Avg. Square Feet (Single Family Home) 2,023

Total 2025 Residential Sales (year-to-date) 167

% of Homes Seriously Underwater (Q2 2025) 0.43%

Total 2024 Residential Sales 1,343

% of Equity Rich Homes (Q2 2025) 37.69%

Effective 2024 Property Tax 0.76%

Total Foreclosure Filings (year-to-date) 2

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Ocean City, MD 21842 Real Estate Overview

There were 1,430 residential properties sold in the past year in Ocean City, MD 21842. The median home value in Ocean City, MD 21842 is $454,005. There are a total of 31,158 residential properties in the 21842.

Median Sales Price i

$535,000

(Feb 2025)

-7%

year-over-year

y-o-y

February '25 Feb '25 $535,000
January '25 Jan '25 $1,047,500
December '24 Dec '24 $628,125
November '24 Nov '24 $597,000
October '24 Oct '24 $695,000
September '24 Sep '24 $445,000
August '24 Aug '24 $545,000
July '24 Jul '24 $430,000
June '24 Jun '24 $715,000
May '24 May '24 $745,000
April '24 Apr '24 $521,500
March '24 Mar '24 $595,000

Median Down Payment i

$203,598

(Feb 2025)

+117.2%

year-over-year

y-o-y

February '25 Feb '25 $203,598
January '25 Jan '25 $220,625
December '24 Dec '24 $145,000
November '24 Nov '24 $104,500
October '24 Oct '24 $166,250
September '24 Sep '24 $69,250
August '24 Aug '24 $156,438
July '24 Jul '24 $78,700
June '24 Jun '24 $197,000
May '24 May '24 $251,227
April '24 Apr '24 $119,750
March '24 Mar '24 $195,000

Number of Homes Sold i

77

(Feb 2025)

-15.4%

year-over-year

y-o-y

February '25 Feb '25 77
January '25 Jan '25 90
December '24 Dec '24 115
November '24 Nov '24 120
October '24 Oct '24 99
September '24 Sep '24 99
August '24 Aug '24 99
July '24 Jul '24 95
June '24 Jun '24 136
May '24 May '24 139
April '24 Apr '24 162
March '24 Mar '24 108

Number of Purchase Loans i

45

(Feb 2025)

-8.2%

year-over-year

y-o-y

February '25 Feb '25 45
January '25 Jan '25 45
December '24 Dec '24 79
November '24 Nov '24 70
October '24 Oct '24 73
September '24 Sep '24 47
August '24 Aug '24 56
July '24 Jul '24 58
June '24 Jun '24 76
May '24 May '24 91
April '24 Apr '24 94
March '24 Mar '24 65

Number of REFI Loans i

15

(Feb 2025)

-6.2%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 14
December '24 Dec '24 28
November '24 Nov '24 22
October '24 Oct '24 21
September '24 Sep '24 12
August '24 Aug '24 13
July '24 Jul '24 15
June '24 Jun '24 15
May '24 May '24 20
April '24 Apr '24 9
March '24 Mar '24 11

Number of HELOC Loans i

13

(Feb 2025)

+8.3%

year-over-year

y-o-y

February '25 Feb '25 13
January '25 Jan '25 16
December '24 Dec '24 9
November '24 Nov '24 15
October '24 Oct '24 3
September '24 Sep '24 8
August '24 Aug '24 16
July '24 Jul '24 12
June '24 Jun '24 8
May '24 May '24 9
April '24 Apr '24 11
March '24 Mar '24 14

Ocean City, MD 21842 Real Estate Market Overview

Last 30 days

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Ocean City, MD 21842 Foreclosure Activity

Total Foreclosure Filings i

February '25 Feb '25 N/A
January '25 Jan '25 2
December '24 Dec '24 3
November '24 Nov '24 2
October '24 Oct '24 N/A
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 2
April '24 Apr '24 1
March '24 Mar '24 N/A

Foreclosure Starts i

February '25 Feb '25 N/A
January '25 Jan '25 2
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 1
April '24 Apr '24 1
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

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