What is the median home value in Ocean City, MD?

Name: Home values in Ocean City, MD, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Ocean City, MD is $429,000 (±$36,908), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Ocean City, the median home value went from $298,500 in 2015–2019 to $429,000 in 2020–2024 (+43.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $429,000 (±$36,908)
Owner-occupied homes: 2,842 (±252)
Most common range: $300,000 to $499,999

Home values in Ocean City

Owner-occupied homes by value, 2020–2024
Value	Ocean City	Worcester County	Maryland	United States
Less than $50,000	3.5% (±1.8 points)	2.9%	3.0%	5.3%
$50,000 to $99,999	0.2% (±0.4 points)	2.5%	2.0%	6.1%
$100,000 to $149,999	1.9% (±2.1 points)	2.7%	2.7%	6.8%
$150,000 to $199,999	3.3% (±3.3 points)	6.8%	4.8%	9.0%
$200,000 to $299,999	19.8% (±5.2 points)	19.4%	14.8%	17.8%
$300,000 to $499,999	33.2% (±5.9 points)	34.8%	37.1%	26.9%
$500,000 to $999,999	28.8% (±5.8 points)	26.3%	29.7%	20.9%
$1,000,000 or more	9.1% (±4.4 points)	4.6%	6.0%	7.1%

The most common range is $300,000 to $499,999, 33.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Ocean City against Worcester County, its state and the nation

Estimate (90% margin of error)
	Ocean City	Worcester County	Maryland	United States
Median home value	$429,000 (±$36,908)	$374,700 (±$9,482)	$419,900 (±$1,385)	$332,700
Owner-occupied homes	2,842 (±252)	18,817 (±563)	1,597,565 (±8,362)	84,210,142

In Ocean City, the median home value is higher than in Worcester County ($374,700).

It is not measurably different from Maryland ($419,900).

It is higher than the national figure ($332,700).

In Worcester County, Ocean City ranks 1 of 6 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 167 of 381.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Ocean City have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$298,500 (±$19,137)	$429,000 (±$36,908)	+43.7%	Up after inflation
Median owner cost with a mortgage	$1,802 (±$150)	$2,053 (±$251)	+13.9%	No measurable change after inflation
Median real estate taxes	$3,551 (±$229)	$3,997 (±$393)	+12.6%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Ocean City

Nearest places with a published estimate, compared with Ocean City
Place	Distance	Median home value	Compared with this place
Ocean City	—	$429,000 (±$36,908)	—
West Ocean City	3.8 mi	$423,700 (±$39,317)	Not measurably different
Ocean Pines	4.2 mi	$380,100 (±$14,256)	Lower
Fenwick Island	4.7 mi	$1,394,700 (±$209,046)	Higher
South Bethany	8.5 mi	$955,200 (±$170,745)	Higher
Selbyville	8.6 mi	$432,900 (±$30,780)	Not measurably different
Berlin	8.9 mi	$423,500 (±$59,091)	Not measurably different
Ocean View	9.4 mi	$514,200 (±$57,257)	Higher
Bethany Beach	10.0 mi	$720,900 (±$56,919)	Higher

Nearby places with a measurably lower figure: Ocean Pines, MD ($380,100).

Nearby places with a measurably higher figure: Fenwick Island, DE ($1,394,700), South Bethany, DE ($955,200), Ocean View, DE ($514,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Worcester County, place by place

Rank	Place	Median home value
1	Ocean City	$429,000 (±$36,908)
2	West Ocean City	$423,700 (±$39,317)
3	Berlin	$423,500 (±$59,091)
4	Ocean Pines	$380,100 (±$14,256)
5	Snow Hill	$222,900 (±$41,413)
6	Pocomoke City	$199,000 (±$18,979)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Ocean City

What is the average home value in Ocean City, MD?

The Census Bureau publishes the median: $429,000 (±$36,908) for owner-occupied homes in Ocean City (2020–2024 American Community Survey).

Have home values in Ocean City gone up?

In Ocean City, the median home value went from $298,500 in 2015–2019 to $429,000 in 2020–2024 (+43.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Ocean City sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Ocean City town, Maryland (place:58225, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.