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Ocean City Real Estate Overview

Today, November 10, 2009

Market View for Ocean City

Info
Avg. Listing Price $883,534 Wk ending Nov 04
+$54,866
+6.6%
w-o-w
Median Sales Price $470,000 Aug '09 - Oct '09
-$55,000
-10.5%
y-o-y
690Homes For Sale 0Open Homes
251Recently Sold 36Foreclosures

Market Trends for Ocean City

Embed Info
Listing price – Ocean City
Average Listing Price
$883,534
+6.6%
w-o-w
Median Sales Price
$470,000
-10.5%
y-o-y
Average price/sqft
$364
-28.6%
y-o-y
Number of Sales
65
-32.3%
y-o-y
More Ocean City Market Trends
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Copy & Paste HTML to embed this graph in your website:

Home Prices for Cape May County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 4
 
w-o-w

08260
$401,086
+0.4%
08226
$883,534
+6.6%
08204
$768,160
+1.2%
08210
$348,564
+0.4%
08243
$772,016
0.0%
 
Movers & Shakers
Avg. listing price
Week ending Nov 4
 
w-o-w

08248
$1,413,300
+18.1%
08214
$389,240
+12.6%
08246
$95,821
+10.3%
08250
$592,797
-7.8%
08226
$883,534
+6.6%
 
View Cape May County Home Prices Map
 

Ocean City Summary

Average price per square foot for Ocean City NJ was $364, a decrease of 28.6% compared to the same period last year. The median sales price for homes in Ocean City NJ for Aug 09 to Oct 09 was $470,000 based on 65 home sales. Compared to the same period one year ago, the median home sales price decreased 10.5%, or $55,000, and the number of home sales decreased 32.3%.

There are currently 690 resale and new homes in Ocean City on Trulia, including 36 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Ocean City NJ was $883,534 for the week ending Nov 04, which represents an increase of 6.6%, or $54,866, compared to the prior week.

 

Schools in Ocean City

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Ocean City School District
Public
K - 12
3
1,921
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Ocean City High School
Public
9 - 12
St Augustine School
Catholic
K - 8
Ocean City Primary School
Public
K - 3
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Ocean City Schools
 

Community Info for Ocean City

Info
More Ocean City Community Info

Homes for Sale in Ocean City

248 Simpson Avenue, Ocean City NJ
248 Simpson…
$376,500
3 br  2 ba
300 East 12th Street, Ocean City NJ
300 E 12th…
$439,900
4 br  2 ba
49 Morningside Road, Ocean City NJ
49 Morning…
$822,500
4 br  2 ba
952 Asbury Avenue, Ocean City NJ
952 Asbury…
$368,000
2 br  1 ½ ba
935 Ocean Avenue #522, Ocean City NJ
935 Ocean…
$389,000
1 br  1 ba
825 Plymouth Place, Ocean City NJ
825 Plymou…
$169,000
1 br  1 ba
View all Ocean City Homes for Sale
 
Stats & Trends
Ocean City

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 08226
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Nearby Cities

Cities
Median
sales price
Average
listing price
Somers Point
$208,000
$429,700
Marmora
$274,150
$288,491
Linwood
$320,000
$523,847
Northfield
$223,000
$329,109
Ventnor City
$238,950
$614,170
Ocean View
$225,000
$337,930
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Advice & Opinions

Recent Q&A in Ocean City, NJ

Q: I am an long-time visitor to Ocean City and on my visit this summer I stumbled upon 2 answers
Q: My mom is leaving her home here for assisted living in FLA. Any thoughts on either renting and selling in this market? 5 answers
Q: What are typical Buyer closing costs when purchasing a home in Ocean City MD? Be the first to answer
Q: Im thinking about buying a vacation home in Ocean City NJ after the season. Do you think the bottom of the? 4 answers
Q: Does anyone know anything about the Oceanaire condos at 44th and 43rd street on West Ave? 2 answers

Got a real estate question? 

More Advice & Opinions:
  • Recent Q&A in Ocean City, NJ
  • Recent blog posts in Ocean City, NJ
  • Find a real estate professional Ocean City, NJ

Nearby Cities Real Estate

  • Somers Point Real Estate
  • Marmora Real Estate
  • Linwood Real Estate
  • Northfield Real Estate
  • Ventnor City Real Estate
  • Ocean View Real Estate

Nearby Cities Sold Homes

  • Somers Point Sold Homes
  • Marmora Sold Homes
  • Linwood Sold Homes
  • Northfield Sold Homes
  • Ventnor City Sold Homes
  • Ocean View Sold Homes

Nearby Cities Home Prices

  • Somers Point Home Prices
  • Marmora Home Prices
  • Linwood Home Prices
  • Northfield Home Prices
  • Ventnor City Home Prices
  • Ocean View Home Prices

Ocean City Stats & Trends

  • Ocean City Market Trends
  • Ocean City Schools
  • Ocean City Community Info
  • Ocean City Home Prices
  • Ocean City Real Estate
  • Ocean City Recently Sold Homes

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Ocean City real estate—use Trulia to find real estate in Ocean City as well real estate in other cities in New Jersey. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Ocean City real estate trends, market activity, and neighborhood information. Before buying a house in Ocean City, research real estate on Trulia. Understanding the Ocean City real estate market is your first step to buying a home in Ocean City, New Jersey. Our real estate guide gives your a valuable overview of the Ocean City real estate market—find Ocean City properties, sales statistics, real estate price trends, real estate market activity, comparisons of Ocean City schools or New Jersey schools, and general demographic information for Ocean City, NJ. Trulia's real estate guide combines a Ocean City map with a detailed list of Ocean City neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Ocean City.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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