Housing in Ocean City, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,440,000
Median List Price
$1,250,000
Price Per Sq Ft
$829
Days on Market
99
Active Inventory
239
Months of Supply
5.4
Balanced market
Zillow Home Value
$1,075,171
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
13.6%
Off Market in 2 Weeks
16.7%
Sale-to-List Ratio
96.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
44
New Listings
62
Pending Sales
48
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$829
Median List $/SF
$818
Ocean City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Ocean City is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$719,100
Median Rent
$1,670
Total Housing Units
20,905
Vacancy Rate
73.1%
Owner Occupied
72.4%
Renter Occupied
27.6%
Median Property Tax
$5,791
per year
Monthly Cost (w/ Mortgage)
$1,735
Housing Types
The current median sale price in Ocean City, NJ is $1,440,000 according to Redfin data. Homes spend a median of 99 days on the market. 13.6% of homes sold above asking price. The market has 5.4 months of supply. The median price per square foot is $829. The median rent is $1,670 per month (Census ACS). About 72.4% of housing units are owner-occupied. The median year homes were built is 1983. There are 20,905 total housing units.