Explore Ocean City
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Why Live in Ocean City
Ocean City, NJ, known as America’s greatest family resort, is celebrated for its nostalgic boardwalk, Atlantic Ocean beaches, and beach houses that fill the barrier island. The city’s population significantly decreases outside the summer months, but the off-season offers wide-open coastlines, charming holiday events, and a well-rated school district, including Ocean City School District and Ocean City High School. The boardwalk, a hub for things to do, features lanes for walkers, bikers, and runners, and is home to attractions like the Music Pier and Playland’s Castaway Cove. Great Egg Harbor Bay provides opportunities for boating and fishing. Housing in Ocean City includes large single-family homes with porches, smaller homes in the northern Ocean City Gardens area, and condos. The city’s summer rental economy is robust, with many homes available through agencies or platforms like Airbnb and Vrbo. Asbury Avenue offers a quaint downtown shopping district with specialty shops, local restaurants, and art galleries. Despite being a dry town, residents can enjoy alcohol in their homes or nearby municipalities. Ocean City hosts numerous parades and events, including the popular Night in Venice boat parade. Cyclists can navigate the island via bike lanes and bridges like the Ninth Street Bridge, with access to the mainland and destinations like Atlantic City International Airport, 16 miles away. The city experiences all four seasons, with flood mitigation efforts in place to manage the risk of flooding from the bay.
Home Prices in Ocean City, NJ
The median home sale price in Ocean City, NJ is $1,160,000, up 10% year-over-year. Homes in Ocean City sell in 51 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$1,160,000
|
Median Single Family Sale Price
$1,999,499
|
|
Median Townhouse Sale Price
$1,240,000
|
Median 2 Bedroom Sale Price
$620,000
|
|
Median 1 Bedroom Sale Price
$355,000
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Average Price Per Sq Ft
$970
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Number of Homes for Sale
217
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Last 12 months Home Sales
725
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Months of Supply
3.60
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Median List Price
$1,250,000
|
|
Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
10%
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