Welcome to Ocean City
Ocean City, Maryland is a highly sought-after resort town that attracts millions of visitors each year. This picturesque coastal town boasts 9 miles of pristine beaches, a lively 2.5-mile boardwalk, and a thriving nightlife, making it a popular destination for people of all ages. Adventurous travelers can indulge in an array of water sports, including fishing, kayaking, stand-up paddle boarding, and jet skiing, while families can spend hours exploring the boardwalk's amusement parks, arcades, and souvenir shops.
Food enthusiasts will be pleased with the town's extensive selection of seafood restaurants, featuring traditional Maryland crab cakes and freshly caught oysters. Additionally, Ocean City, MD hosts a variety of annual events that attract tourists from all over, including the Air Show, Bike Week, Sunfest, White Marlin Open, and Winterfest of Lights. For those looking to relax and unwind, the town offers several spas, yoga studios, and beachside cafes to help visitors recharge.
Nature lovers can check out the State and National Park of Assateague Island where the wild ponies roam and lots of camping options. With so much to see and do, Ocean City, Maryland remains a top vacation destination for anyone looking for a fun-filled coastal getaway and great real estate investment opportunities.
Check Our Community Videos
Different Areas of OCMD
In this video I break down the feel of the 3 main areas of Ocean City talking about Downtown, Mid-Town and North OC.
Top 6 Neighborhoods in OCMD
I take you on a tour of the top six neighborhoods and condo buildings in Ocean City, Maryland.
The Local Real Estate Market
Ocean City real estate consist of mix of single family homes, boutique/mid/high rise condos and townhomes. Coastal Highway runs North and South splitting homes on the bay side and ocean side offering up a different feel for both sides and you have West Ocean City, MD which is right over the Rt. 50 bridge. You can find a canal front townhome style with a boat dock, direct ocean front condo with tons of amenities and a traditional single family home with more of a regular neighborhood setup.
Roughly 7,000 full time residents live here year round with an increasing number of second and vacation property owners starting to use their place as their primary home. Majority of property owners are part time residents or full on investors. The big opportunity for the area is vacation or short term rentals (STR's) that can be lucrative as millions of people come in and out of the area for big events, trade shows and the beach with in a year timeframe. Majority of the clients that I help invest in a property here at the beach want to enjoy it themselves for 1 to 2 weeks out of the year and then rent it out for the rest to allow the income to pay for itself while building equity over time.
Quick 2023 Ocean City, MD 21842 Market Stats
- Median Sales Price: $427,000
- Average Days On Market: 38 Days
- Total Listed Home's For Sale: 147
- Month's of Inventory: 2.1 Months
Here is a snapshot graph from our multiple listing system (MLS) that shows a helpful graph of the current buyer demand in Ocean City, Maryland.
Shows steady and trending upwards. Helping buyers and sellers recently, I've been seeing multiple offers with a mix of finance and cash contracts.
Lack of inventory is holding prices steady currently.
