Ocean City, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 660 transactions over the past year in Ocean City. The median value for residential home transactions that occurred over the previous year is $1,090,472.85. The number of current listings in Ocean City is 383, and the percentage of properties for sale in the city is 95.51%. Ocean City, NJ currently has 18 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 383 properties for sale.
Ocean City, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08226 | $ 1,273,000 $ 764/sqft |
Housing Market Summary for Ocean City, NJ
| Feb 2025 | February 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.4M | $1.1M | -22.06% |
| Median Sold Price | $1.1M | $1.1M | -7.49% |
| Homes For Sale | 110 | 392 | 256.36% |
| Homes Sold | 308 | 334 | 8.44% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ocean City, NJ
Browse Homes in Ocean City, NJ
Ocean City home values range from $58,796 to $3,660,000. The median estimated value of a home in Ocean City is $1,090,472.85. The median list price of a home is 1,597,499.5, and the total count of properties in the city is 19,205.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Ocean City, NJ with 08226 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ocean City, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $3,369,000 in 08226 to the lowest home value of $288,500 in 08226.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ocean City, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Ocean City, NJ. There is 1 zips within Ocean City, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08226 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Ocean City, NJ. Auction homes and other auction properties account for 0.01% of all properties in Ocean City, NJ. There is 1 zips within Ocean City, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,796,000 in 08226 to the lowest value of $378,200 in 08226.