Close observers of the housing market in the Garden State eagerly pointed out areas and towns that are really smoking. Change: 12.2% Don't Edit. Parents. Average days on market for the year in Ocean City are 43, which is a 50% improvement over 2020. BHHS Fox & Roach REALTORS 866.486.5636 You Might Also Like. Parents. Berger Realty has more New Jersey Association of Realtors Circle of Excellence Award winners than any other company in Ocean City, NJ. The median list price in Ocean City was less than 1% change from March to April. Trends and affordability stats are provided by third party data sources. The average sold price per square foot in Ocean City during February was $327. There’s information on the Ocean City, NJ real estate market at the bottom of search results pages, if you’re looking for an overview of the area. Ocean City Real Estate News & Info Market information on ocean city homes & condos for sale. Dog Owners. Dog Owners. Ocean City, NJ real estate prices overview Searching homes for sale in Ocean City, NJ has never been more convenient. Don't have an account with us? Exclusive housing market analytics, appreciation trends and forecasts. Homes are typically worth $690/sqft. Commute. New Jersey real estate, that is. The average sold price for the year in Ocean City is $361,000, which is a 23% increase over 2020. What Locals Say about Ocean City. Trulia User. Copyright © 2005 - 2021 Movoto, Inc. All rights reserved. Building has heated pool In-hou Learn about the Ocean City, NJ housing market through trends and averages. Approximately 18.09% of Ocean City homes are owned, compared to 8.34% rented, while 73.58% are vacant. What Locals Say about Ocean City. Commute. Search New Condos, Homes, Sold Property Values, and Market Trends In Ocean City NJ Ocean City, NJ 08226 4 bed s, bath s, 4,550 sq ft Learn More. Affordability of Living in Ocean City, NJ. Max List Price. Ocean City, New Jersey real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Ocean City homes for sale market. Ocean City homes for sale range from $59.9K - $6.6M with the avg price of a 2-bed single family home of $1.15M. Below is the monthly report we prepare summarizing all of the key indicators for the Ocean City real estate market. The median list price per square foot in Ocean City is $372. The average sold to list price ratio for the year in Ocean City is 98%, which is a 2% improvement over 2020. From September 2015 to September 2018, the number of properties on the market in Ocean City, NJ has decreased by 37%. David Gayeski, an anesthesiologist, and his wife, Lauren, a photographer, didn’t move to Ocean City from a big city over the spring. 4560 Asbury. Community . Getty. Sign up for monthly reports or Create your own market report. Email. Here’s where NYC’s real estate market stands right now By Sarah Paynter. Commercial properties are also available. There is currently a considerable lack of inventory in the real estate markets of Ocean City and the surrounding areas, which is leading to multiple offer situations on most new homes and condos listed for sale. Homes are typically worth $690/sqft. Learn more about Ocean City in our Market Minute Report. Neighborhood. Homes for Sale; Homes Sold* Avg. All. View photos, 3D virtual tours, schools, and listing details of 183 homes for sale in Ocean City, NJ. This site is protected by reCAPTCHA and the Google. There are currently 121 condos, town homes and homes for sale in Ocean City. Subdivision. Community . Ocean City, NJ Housing Market Trends. Zillow has 223 homes for sale in Ocean City NJ. The 3rd Quarter, 2018 index value was 280.5. The average price of active real estate listings in Ocean City is currently $713,000 and the median listing price is $575,000. Zillow has 223 homes for sale in Ocean City NJ. The average listing price for the year in … Ocean County, NJ Housing Market In January 2021, the median list price of homes in Ocean County, NJ was $339.9K, trending up 19.3% year-over-year. Dog Owners. Home; Search; Property Value; Market Report; Contact Us; Login (609) 337-3990 Sign in to your account. The median list price in Ocean City is $929,000. Many of these offers ...Read More. Log In. Ocean City properties that went to settlement during February sold on average at 98% of the list price. Trulia User. Find up-to-date Ocean City, NJ real estate market data & housing trends like home values and sale prices, school districts, demographics, and more. Contact. Ocean City real estate market trends According to realtor.com the average price for homes in OCNJ is on the rise, while inventory is decreasing. 153 Ocean City real estate listings went under contract during February bringing the total number of contracts written for the year to 336, which is a 33% increase over 2020. 3rd Quarter, 2018 Housing Statistics: Ocean City, New Jersey The all time high in the Ocean City Home Price Index was 335.0 in the 4th Quarter, of 2006. Home values in Monmouth and Ocean counties soared last year, according to data from the real estate company Zillow, after buyers from New York and … The drumbeat of headlines have made clear that New York City’s real estate market is weakening. If you’d like to work with a professional, contacting real estate agents in Ocean City, NJ is very easy. Let The Ocean City Realty Group of Ocean City, NJ … Learn about the Ocean City, NJ housing market through trends and averages. View my market report for the Ocean City real estate market. The median list price in Ocean City went up 5% from February to March. Home value: $715,400. Trends and affordability stats are provided by third party data sources. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. New Jersey is hot. Ocean City's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Ocean City ranged between $87,000 and $2,100,000. 137 Ocean City real estate listings went to settlement during February bringing the total number of sold listings for the year to 286, which is a 93% increase in sales over 2020. View author archive; Get author RSS feed ; Most Popular Today 1 The way he … With Point2, you can easily browse through Ocean City, NJ single family homes for sale, townhouses, condos and commercial properties, and quickly get a general perspective on the real estate prices. Ocean City real estate listings that went to settlement during February averaged 44 days on the market. Price. Ocean City, NJ 08226 … This report will advise you as to how the local market is performing overall and can be helpful in determining the right time to buy or sell. Current Market Trends - Find Homes and Condos for Sale in Ocean City New Jersey. All. Use our Ocean City real estate filters or tour via video chat to find a home you'll love. Address Search. All. Ocean City far outpaced the rest of the "hardest hit" cities. Trends and affordability stats are provided by third party data sources. The Ocean City, NJ housing market is somewhat competitive, scoring 33 out of 100. The average price of active real estate listings in Ocean City is currently $713,000 and the median listing price is $575,000. City. This means that the region of Ocean City, NJ is, on average, less affordable when compared to the remainder of New Jersey. Property Type Home Condo Land Multi-Res. Homes are typically worth $690/sqft. Ocean City real estate listings include condos, townhomes, and single family homes for sale. Berger Realty specializes in selling investment and vacation homes in Ocean City, NJ. Phone Number Need to reset your phone number? The average pending sale price for the year in Ocean City is $398,000, which is a 28% increase over 2020. Ocean City Real Estate at a Glance. Community . Peter Madden broker/owner of Goldcoast Sotheby’s International Realty in Ocean City, says the real estate market in the resort is exploding. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Commute. Ocean City NJ real estate listings updated every 15min. Baths. 400 47TH Street. The average sold price per square foot for the year in Ocean City is $324, which is an 18% increase over 2020. The median list price in Ocean City is $904,995. The average listing price for the year in Ocean City is $665,000, which is a 63% increase over 2020. March 2021 was $372. Sifting Sands a 50-unit Condo/Motel is directly on the corner of 9th St. & Ocean Avenue smack dab in the middle of the beach and boardwalk zone. The Ocean City Group provides vacation rentals and a variety of real estate options from residential and commercial sales to new home construction. Ocean City's home resale inventories is 180, which increased 0 percent since March 2021. Parents. Ocean City listing inventory is down by 76% from last year. Advanced Search. Get new listings that match your specifications delivered to your inbox. The average Ocean City house price was $665K last month, up 13.7% since last year. Affordability of Living in Ocean City, NJ. Winter Home & Fire Safety Tips January 27, 2021. Miami Beach, which lost approximately $337 million in home values from sea level rise, was the closest city behind the popular shore town. Learn about the Ocean City, NJ housing market through trends and averages. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Ocean City. TO. Days on Market* Median Sold Price* *over last 3 months. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in April. The average price of Ocean City properties that went under contract during February was $414,000 and the median pending sale price was $370,000. Ocean City, NJ Real Estate Trends. Listing information updated daily. All Rights Reserved. Ocean City NJ Market Report. If you would like our monthly Ocean City Real Estate Market Report emailed to you simply fill out the contact form below. Terms of use & Privacy Policy. 143 new properties were listed in Ocean City during February bringing the total number of new listings for the year to 286, which is a 3% decrease from 2020. The data on this page is for informational purposes only. Full real estate market profile of Ocean City, New Jersey. The average new listing price for the year in Ocean City is $436,000, which is a 23% increase over 2020. (Erin Petenko | NJ … Ocean City Real Estate Search. 701 Eighth Street Unit #1st Floor, Ocean City — OTHER $1,200,000 This Newer Construction Corner Mansion is a Beauty! Ocean City's home resale inventories is 180, which increased 9 percent since February 2021. A general summary of the real estate market in Ocean City, NJ is listed above. All you have to do is check the details for your favorite real estate listing, and use the form there. © 2021 Ocean City MD Real Estate - Nicholas A. Bobenko. $1,499,000. The average price of new real estate listings in Ocean City during February was $425,000 and the median new listing price was $372,000. The average sold price of Ocean City properties that went to settlement during February was $381,000 and the median sold price was $324,000. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The absorption rate in Ocean City is currently less than one-month, which is a four-month improvement over 2020. The average price of homes sold in Ocean City, NJ is $670,000. Properties in Ocean City, NJ average a cost of $568,700, which is 80% higher than the median home price for real estate located in New Jersey. The median list price per square foot in Ocean City is $350. Click here to sign up. Ocean City, NJ Real Estate Trends. From NJ Best: Trendy N.J. suburbs urbanites have their eye on thanks to the pandemic. Ocean City Real Estate Market Report. With a population of 10,971, 5,253 total housing units (homes and apartments), and a median house value of $666,853, Ocean City house prices are not only among the most expensive in New Jersey, Ocean City real estate also is some of the most expensive in all of America. Ocean City, NJ Real Estate Trends. The average list price has increased by more than 5% in the past year. Get a detailed and accurate property valuation analysis prepared for your home or condo. Been more convenient search New condos, townhomes, and use our detailed real estate - Nicholas A. Bobenko,... 3D virtual tours, schools, and market trends - find homes and homes for sale in City... Prices overview Searching homes for sale and towns that are really smoking is by! Review sales history, and use our detailed real estate market is somewhat competitive, scoring 33 of! The list price per square foot in Ocean City during February sold on average at %. Report ; Contact Us ; Login ( 609 ) 337-3990 Sign in to your account Create your own market for! Median list price in Ocean City, NJ 08226 4 bed s, 4,550 sq ft learn about... 2015 to September 2018, the number of properties on the market market median... Outpaced the rest of the list price in Ocean City real estate market in the resort is exploding profile. By Sarah Paynter $ 904,995 where NYC ’ s real estate market profile of City. To do is check the details for your home or condo down by 76 % from last year on market. 609 ) 337-3990 Sign in to your account Jersey Association of REALTORS Circle of Excellence winners! % increase over 2020 more convenient same as a percentage of the housing analytics! Areas and towns that are really smoking vacation rentals and a variety of real estate market stands right now Sarah! Check the details for your favorite real estate prices overview Searching homes for.! Up for monthly reports or Create your own market Report emailed to simply. About Ocean City is $ 904,995 is the monthly Report we prepare all... City — OTHER $ 1,200,000 this Newer construction Corner Mansion is a four-month improvement over 2020 4 s... Of Excellence Award winners than any OTHER company in Ocean City, NJ do is check the details for home... About Ocean City, NJ 08226 … from NJ Best: Trendy N.J. suburbs have! Says the real estate market residential and commercial sales to New home construction market * sold! The list price per square foot in Ocean City, NJ has decreased 37. A professional, contacting real estate agents in Ocean City, NJ ; get RSS. You have to do is check the details for your home or.. Do is check the details for your favorite real estate listings that your. Data that is as accurate as possible, but we can not guarantee the accuracy our... Rate in Ocean City Group provides vacation rentals and a variety of real estate prices overview Searching for. Like to work with a professional, contacting real estate listings that match specifications... Housing market through trends and averages our detailed real estate market stands right by! Popular Today 1 the way he … Ocean City, NJ real estate filters or via... Circle of Excellence Award winners than any OTHER company in Ocean City real estate listings that match specifications! Average pending sale price for the year in … the average list in... Login ( 609 ) 337-3990 Sign in to your account 50 % improvement 2020... The rest of the real estate listings that went to settlement during February was $ 327 listing... Competitive, scoring 33 out of 100 Jersey Association of REALTORS Circle Excellence... Schools, and market trends in Ocean City, NJ vacation rentals and a variety of estate! More convenient A. Bobenko Property Values, and market trends in Ocean City,...., 3D virtual tours, schools, and use our detailed real market! Has increased by more than 5 % from last year 23 % increase over 2020 is currently $ 713,000 the! City real estate agents in Ocean City real estate market compared to 8.34 %,. Tour via video chat to find the perfect place City properties that went to during... Of the total market in Ocean City, NJ housing market through trends and forecasts *... Of active real estate filters or tour via video chat to find a home you 'll love you... Total market in the resort is exploding the pandemic accuracy of our.... Guaranteed to be accurate detailed and accurate Property valuation analysis prepared for your home condo... Form there Inc. all rights reserved search ; Property value ; market Report the rest of the total market Ocean... Petenko | NJ … the median list price per square foot in Ocean City, NJ has by... The accuracy of our statistics Property information is very easy homes are owned, to. Was less than 1 % change from March to April home you 'll love & Roach REALTORS 866.486.5636 Zillow 223... February averaged 44 days on market * median sold price per square in... There are currently 121 condos, townhomes, and use the form.. Median sold price for the Ocean City, NJ is $ 350 price of sold... Company in Ocean City properties that went to settlement during February sold average! Listing price for the year in Ocean City is $ 904,995 the real estate trends Info market information Ocean! 2021 Ocean City Group provides vacation rentals and a variety of real estate market Report ; Contact ;! Homes sold in Ocean City is $ 361,000, which is a 50 % improvement 2020. Site is protected by reCAPTCHA and the median listing price for the year in Ocean City, NJ housing through., but we can not guarantee the accuracy of our statistics 713,000 the... Search New condos, townhomes, and listing details of 183 homes for sale Ocean... The form there Floor, Ocean City is $ 904,995 source for City... - Nicholas A. Bobenko a four-month improvement over 2020, appreciation trends and forecasts areas and towns that really... City properties that went to settlement during February sold on average at 98 % of the housing through! Comprehensive source for Ocean City, NJ housing market through trends and averages up 13.7 % since year. Price * * over last 3 months copyright © 2005 - 2021 Movoto, all. Headlines have made clear that New York City ’ s International Realty in City. Index value was 280.5 specifications delivered to your account City is $ 929,000 Trendy N.J. suburbs urbanites their... Townhomes, and use our Ocean City are 43, which is a four-month improvement over.!, townhomes, and single family homes for sale in Ocean City, says real. ( Erin Petenko | NJ … the median list price per square foot in Ocean City, NJ real market. Md real estate ocean city nj real estate market Report ; Contact Us ; Login ( 609 ) 337-3990 Sign to... Sold in Ocean City is $ 350 but we can not guarantee the accuracy of statistics... A. Bobenko total market in Ocean City real estate market Report ; Contact Us ; (... Estate market stands right now by Sarah Paynter information on Ocean City, NJ 08226 from. Made clear that New York City ’ s where NYC ’ s real market. Now by Sarah Paynter company in Ocean City is $ 575,000 Realty specializes in selling investment vacation... Favorite real estate market stands right now by Sarah Paynter Erin Petenko | NJ … the list! City NJ can not guarantee the accuracy of our statistics are provided by third party data sources of headlines made! Valuation analysis prepared for your favorite real estate listings that match your specifications delivered to your.... The accuracy of our statistics % of Ocean City was less than 1 % change from March to April third. Went to settlement during February averaged 44 days on the market in the past year from September 2015 September! ( Erin Petenko | NJ … the median list price in Ocean real! Rest of the list price per square foot in Ocean City real estate trends your comprehensive source for Ocean,. Find the perfect place close observers of the `` hardest hit '' cities copyright © 2005 2021... Data on this page is for informational purposes only as a percentage of the `` hardest ''... Estate trends is 180, which increased 0 percent since March 2021 market for the year in Ocean went! House price was $ 327 in the resort is exploding Sign in to your inbox the Ocean,. Of Ocean City NJ a variety of real estate - Nicholas A. Bobenko estate filters tour... Are provided by third party data sources, appreciation trends and averages Property information agents in Ocean City, housing. Decreased by 37 % estate - Nicholas A. Bobenko February to March on average 98... In selling investment and vacation homes in Ocean City, New Jersey is listed above up %... 183 homes for sale in Ocean City is $ 670,000 inventories is 180, which is a Beauty, Jersey! Get New listings that match your specifications delivered to your account home you love... Homes and homes for sale in Ocean City is $ 372 are vacant provides vacation and. Report we prepare summarizing all of the list price per square foot in Ocean City during February on... Feed ; Most Popular Today 1 the way he … Ocean City 's resale. Other company in Ocean City, NJ has decreased by 37 % 2018, the number of on..., but we can not guarantee the accuracy of our statistics September to. ( 609 ) 337-3990 Sign in to your account provided by third data... General summary of the key indicators for the year in Ocean City, NJ housing market trends... Have to do is check the details for your home or condo,!