All Rights Reserved. Below is the monthly report we prepare summarizing all of the key indicators for the Ocean City real estate market. Learn about the Ocean City, NJ housing market through trends and averages. If you’d like to work with a professional, contacting real estate agents in Ocean City, NJ is very easy. There are currently 121 condos, town homes and homes for sale in Ocean City. New Jersey real estate, that is. Ocean City Real Estate Search. Ocean City, NJ Real Estate Trends. Miami Beach, which lost approximately $337 million in home values from sea level rise, was the closest city behind the popular shore town. Ocean City NJ Market Report. The average sold price per square foot for the year in Ocean City is $324, which is an 18% increase over 2020. Homes are typically worth $690/sqft. What Locals Say about Ocean City. 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 Ocean City, NJ housing market is somewhat competitive, scoring 33 out of 100. Commute. 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. From NJ Best: Trendy N.J. suburbs urbanites have their eye on thanks to the pandemic. Property Type Home Condo Land Multi-Res. BHHS Fox & Roach REALTORS 866.486.5636 Learn more about Ocean City in our Market Minute Report. Ocean City, NJ Housing Market Trends. Affordability of Living in Ocean City, NJ. Getty. Learn about the Ocean City, NJ housing market through trends and averages. Here’s where NYC’s real estate market stands right now By Sarah Paynter. Get a detailed and accurate property valuation analysis prepared for your home or condo. The average list price has increased by more than 5% in the past year. Price. Dog Owners. Equal Housing Opportunity CalDRE #01517281. The average sold to list price ratio for the year in Ocean City is 98%, which is a 2% improvement over 2020. Ocean City, NJ real estate prices overview Searching homes for sale in Ocean City, NJ has never been more convenient. Ocean City listing inventory is down by 76% from last year. 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. 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. 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'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. A general summary of the real estate market in Ocean City, NJ is listed above. Ocean City, NJ 08226 … Parents. Information deemed reliable but not guaranteed to be accurate. Manasquan, Monmouth County. Zillow has 223 homes for sale in Ocean City NJ. 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. Trulia User. 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. 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 … Berger Realty has more New Jersey Association of Realtors Circle of Excellence Award winners than any other company in Ocean City, NJ. 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. Affordability of Living in Ocean City, NJ. Many of these offers ...Read More. 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. Movoto is your comprehensive source for Ocean City property information. Contact. Search New Condos, Homes, Sold Property Values, and Market Trends In Ocean City NJ This means that the region of Ocean City, NJ is, on average, less affordable when compared to the remainder of New Jersey. What Locals Say about Ocean City. The average listing price for the year in Ocean City is $665,000, which is a 63% increase over 2020. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in April. Ocean City real estate listings include condos, townhomes, and single family homes for sale. Homes are typically worth $690/sqft. Learn about the Ocean City, NJ housing market through trends and averages. If you would like our monthly Ocean City Real Estate Market Report emailed to you simply fill out the contact form below. The 3rd Quarter, 2018 index value was 280.5. 400 47TH Street. The average sold price per square foot in Ocean City during February was $327. Trends and affordability stats are provided by third party data sources. The drumbeat of headlines have made clear that New York City’s real estate market is weakening. Peter Madden broker/owner of Goldcoast Sotheby’s International Realty in Ocean City, says the real estate market in the resort is exploding. View my market report for the Ocean City real estate market. 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. Neighborhood. New Jersey is hot. Advanced Search. Baths. Ocean City Real Estate News & Info Market information on ocean city homes & condos for sale. Home value: $715,400. The average pending sale price for the year in Ocean City is $398,000, which is a 28% increase over 2020. Winter Home & Fire Safety Tips January 27, 2021. Trends and affordability stats are provided by third party data sources. $1,499,000. Ocean City real estate listings that went to settlement during February averaged 44 days on the market. 4560 Asbury. What Locals Say about Ocean City. From September 2015 to September 2018, the number of properties on the market in Ocean City, NJ has decreased by 37%. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 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. All. The median list price per square foot in Ocean City is $372. (Erin Petenko | NJ … Trends and affordability stats are provided by third party data sources. Click here to sign up. Log In. Ocean City far outpaced the rest of the "hardest hit" cities. 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. South Jersey Shore Real Estate Market. © 2021 Ocean City MD Real Estate - Nicholas A. Bobenko. Commute. View author archive; Get author RSS feed ; Most Popular Today 1 The way he … The Ocean City Group provides vacation rentals and a variety of real estate options from residential and commercial sales to new home construction. March 2021 was $372. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The average Ocean City house price was $665K last month, up 13.7% since last year. The average price of homes sold in Ocean City, NJ is $670,000. This site is protected by reCAPTCHA and the Google. 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. Sign up for monthly reports or Create your own market report. Ocean City properties that went to settlement during February sold on average at 98% of the list price. 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. Address Search. The data on this page is for informational purposes only. Copyright © 2005 - 2021 Movoto, Inc. All rights reserved. The average listing price for the year in … Don't have an account with us? Community . Ocean City, NJ Real Estate Trends. Ocean City, NJ 08226 4 bed s, bath s, 4,550 sq ft Learn More. The absorption rate in Ocean City is currently less than one-month, which is a four-month improvement over 2020. 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. Email. Home; Search; Property Value; Market Report; Contact Us; Login (609) 337-3990 Sign in to your account. Close observers of the housing market in the Garden State eagerly pointed out areas and towns that are really smoking. The average price of active real estate listings in Ocean City is currently $713,000 and the median listing price is $575,000. Homes are typically worth $690/sqft. Community . All you have to do is check the details for your favorite real estate listing, and use the form there. Dog Owners. Ocean City's home resale inventories is 180, which increased 0 percent since March 2021. The median list price in Ocean City was less than 1% change from March to April. 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. Zillow has 223 homes for sale in Ocean City NJ. The average price of active real estate listings in Ocean City is currently $713,000 and the median listing price is $575,000. Trulia User. Beds. Submit. Use our Ocean City real estate filters or tour via video chat to find a home you'll love. Change: 12.2% Don't Edit. Average days on market for the year in Ocean City are 43, which is a 50% improvement over 2020. 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. Ocean City, NJ Real Estate Trends. 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. All. Ocean City Real Estate at a Glance. 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. Let The Ocean City Realty Group of Ocean City, NJ … Listing information updated daily. 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. Affordability of Living in Ocean City, NJ. Ocean City NJ real estate listings updated every 15min. Commercial properties are also available. The median list price in Ocean City is $929,000. City. Dog Owners. You Might Also Like. Building has heated pool In-hou Phone Number Need to reset your phone number? View photos, 3D virtual tours, schools, and listing details of 183 homes for sale in Ocean City, NJ. Terms of use & Privacy Policy. Homes for Sale; Homes Sold* Avg. The average new listing price for the year in Ocean City is $436,000, which is a 23% increase over 2020. Find up-to-date Ocean City, NJ real estate market data & housing trends like home values and sale prices, school districts, demographics, and more. Exclusive housing market analytics, appreciation trends and forecasts. TO. Approximately 18.09% of Ocean City homes are owned, compared to 8.34% rented, while 73.58% are vacant. View author archive ; get author RSS feed ; Most Popular Today the. Exclusive housing market through trends and affordability stats are provided by third party data sources tour video... … Ocean City NJ market stands right now by Sarah Paynter, contacting real estate listing, and our! 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