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Ocean City

Ocean City

Located in Worcester County

$521,100 Average Value
$441 Average Price per Sq Ft
549 Homes For Sale

A prime vacation destination and stunning place to live

Route 528, commonly known as the coastal highway, slices along the edge of the Atlantic, beginning where the Delaware state line ends. The narrow strip of sand that surrounds this highway is Ocean City, one of Maryland’s most popular vacation destinations. Locals have inhabited the city since the 17th century, but the population didn’t really boom until the late 19th century. The advent of the Atlantic Hotel combined with the railroads brought in foot traffic from folks looking for a sandy retreat. As its namesake suggests, Ocean City has an inviting, 10-mile beach open to the public. The sandy stretch welcomes all sorts of activities, from fishing to metal detecting to bonfires. Back on land, visitors enjoy strolling the Boardwalk and checking out the various food vendors. A weekend evening can be spent perusing the Center for the Arts or taking a stroll along the pier.

Sand in your shoes, culture beyond the beach

The beach, naturally, is the area’s biggest asset both recreationally and financially, with nearly eight million vacationers coming to Ocean City annually. Folks can kick back on the sandy shore and enjoy the waves or get active by surfing or fishing. As with all beaches, the quality of the current varies from day to day, but so do the sandbars. The ocean bed of this beach is comprised entirely of sand, so it’s tricky to recommend a specific spot for surfers. Choosing a fishing spot is a simpler matter since experienced anglers have their favorites. The Oceanic Pier is a convenient one that provides inlet access, stretching out into the water in an “L” shape. There is no license required to cast a line here for stripers, flounder and even sharks (catch and release only). Folks can also hire a charter boat to take them on a guided tour farther out on the water. Back on land, there are multiple parks to explore. Sunset Park is perhaps the most popular, due to its position adjacent to the Boardwalk. The park has everything from crabbing spots to a concert venue, not to mention the views.

Ocean City isn’t just a weekend beach spot; the area hosts a variety of events for visitors and locals to enjoy. Parents with young children will appreciate story time, free and open to the public at the Worcester County Library. The Ocean City Center for the Arts is a great way to explore rotating exhibits, or to appreciate fine cinema at the Ocean City Film Festival. The arts aren’t limited to galleries and festivals, though. The Ocean City Development Corporation is a nonprofit dedicated to improvement and public projects encouraging decorative murals and sculptures.

Condos and single-family homes line the waterfront

Although Ocean City is a prime vacation destination, some 7,000 people call the area their permanent home. Condos are more prevalent than single-family homes, typically fetching between $300,000 and $550,000. Approximately 21,000 condo units and 10,000 hotel rooms populate the city, attracting buyers and tourists alike. Condominiums vary substantially in their offerings, from modest mid-rises to sprawling high-rise towers. Many of these complexes were constructed in the 1980s, but they have a surprisingly modern, clean aesthetic. Stunning views of the ocean are a given, as is the quick walk to the waterfront, no matter which condo complex prospective buyers end up choosing.

Grabbing a bite and shopping, Maryland-style

As one might expect, seafood is a staple in this sandy city. Visitors really can’t go wrong with the restaurant scene, with so many receiving rave reviews and fresh catches consistently available. Locals have their pick of both sit-down restaurants and more casual beachfront eateries.

Despite its narrow stretch of land, Ocean City has a plentiful amount of shopping available for locals to explore. Gold Coast Mall, located roughly two miles south of the state line, features a T. J. Maxx and a movie theater. Various other retailers are scattered along Coastal Highway, be they big box stores or small businesses.

Tracking the bus and avoiding notorious traffic

Folks can utilize the Ocean City Beach Bus, which runs along the Coastal Highway. The bus cycles every 15 to 30 minutes, depending on the season, and only costs $4 for a full day of rides. Frequent users will want to download the OCMD Bus App to track the bus’s location in real time. Automobile traffic in Ocean City is notorious, becoming congested around midday. Authorities have recently set lower speed limits and steeper fines. The city-wide limit is now 30 miles per hour, placing an emphasis on traffic safety and discouraging potential reckless driving, racing and the like.

Top-rated schools in Worcester County

Students in Ocean City attend schools within the Worcester County Public Schools District, which receives an impressive A overall from Niche. According to Niche, the district is also the third best place to teach in the state. The average student-to-teacher ratio is 12 to 1, with nearly 7,000 students enrolled in one of 14 schools overall.

The risks of living on the Maryland coast

As with many coastal areas, Ocean City is particularly susceptible to hurricanes and the dangers they pose to both people and property. Hurricane season runs from June through November. Risk Factor rates Ocean City as having a severe wind risk rating and an extreme flood risk rating, which prospective home buyers should keep in mind when searching. Residents are often encouraged to have a “go bag” prepared in the case of a speedy evacuation.

A high crime rate

Crime is high across the entirety of Ocean City. According to 2019 FBI statistics, 91 violent crimes and 720 property crimes were reported in total. When extrapolated out, Ocean City has an overall crime rate of 23,490 per 100,000 people, per the FBI’s 2019 data. The actual total crimes number 1,622 for that year. Statistically, a crime occurs every 13 hours and 20 minutes in Ocean City.

Interested in learning more about homes in this area? Reach out to KATIE LANDON, an experienced agent in this area.

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Parks in this Area

Ocean City Housing Trends

Housing Trends

Median List Price
$459,000
Median Sale Price
$445,000
Median Single Family Sale Price
$669,900
Median Townhouse Sale Price
$600,000
Median 2 Bedroom Sale Price
$415,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
1,107
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$441

Area Facts

Number of Homes
27,187
Number of Homes for Sale
549
Median Year Built
1982
Months of Supply
6.00
Average Single Family Home Size Sq Ft
1,594
Below the national average
1,929
Average Townhouse Size Sq Ft
1,977
Average 2 Bedroom Size Sq Ft
949
Average 1 Bedroom Size Sq Ft
662
Average Studio Size Sq Ft
385
Median Lot Size Sq Ft
4,356

Open Houses

  • Saturday, Nov 15
    Open House 11/15

    772 94th St Unit A, Ocean City, MD 21842

    $650,000

    • 2 Beds
    • 2 Baths
    • 1,130 Sq Ft
    • 772 94th St
    • Unit A
    • New 30 days ago

    Fabulous Bayfront Condo with Deeded Boat Slip w/electric lift | Sunset View at 94th Street, Ocean City Welcome to Sunset View—a rare opportunity to own a beautifully upgraded bayfront condo at the end of 94th Street in Ocean City! This 2-bedroom, 2-bath residence combines coastal charm with modern comfort, offering 1,130 square feet of elegant living space and breathtaking panoramic views of both

    James Ellis Coldwell Banker Realty

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  • Saturday, Nov 8
    Open Sat 11AM - 1:30PM

    11500 Coastal Hwy, Ocean City, MD 21842

    $553,000

    • 2 Beds
    • 2 Baths
    • 888 Sq Ft
    • 11500 Coastal Hwy
    • New 30 days ago

    The perfect retreat welcome to 1119 Sea Watch located on the South side of the building with AMAZING PANORAMIC VIEWS of the BEACH, OCEAN AND BAY from your private balcony off the living room and master bedroom. The two Bedroom plus den unit has two full bathrooms and is FULLY FURNISHED with all modern appliances, central air and heat, High-end hurricane proof glass sliders that were replaced.

    Candi Noyes Coldwell Banker Realty

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  • Saturday, Nov 8
    Open Sat 11AM - 1PM

    37 Fountain Dr W Unit 2D, Ocean City, MD 21842

    $545,000

    • 3 Beds
    • 2 Baths
    • 1,401 Sq Ft
    • 37 Fountain Dr W
    • Unit 2D

    Furnished and turn-key, this 3 Bedroom / 2 Bath condo is located in an amenity-rich community offering true resort-style living! Community features include a 24 hour secure entrance, private beach area on the Bay, sparkling resort-style pool, onsite market, café & restaurant, and a beautiful clubhouse with Fitness Center. Outdoor enthusiasts will love the crabbing and fishing pier, boat slip

    Elizabeth Kapp Long & Foster Real Estate, Inc.

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Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Ocean City Has More Owners

Demographics

Total Population
20,953
Median Age
57
Population under 18
13%
Below the national average
23.8%
Population over 65
36%
Above the national average
19.1%

Finances

Median Household Income
$64,623
Below the national average
$71,702
Average Household Income
$96,782

Education and Workforce

High School Graduates
95.3%
Above the national average
89.1%
College Graduates
33.9%
Advanced Degrees
12.3%
% Population in Labor Force
61.8%
On par with the national average
65.1%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
28°F
Average Summer High Temperature
84°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®®

52 / 100

Car-Dependent

Walk Score®®

48 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Ocean City