Ocean City, MD Housing
As of 2010-2014, median price of a house in Ocean City is $283,600, which is about the same as the state average of $287,500 and is much higher than the national average of $175,700. The Ocean City median house value has grown by 86.33% since 2000. The growth rate for the price of a house in Ocean City is lower than the state average rate of 96.92% and is higher than the national average rate of 46.91%. The median year that a house in Ocean City was built is 1981, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 2,665 Owner Occupied Houses in Ocean City, MD, #178Ocean City, MD | 283,600 USD |
Maryland | 287,500 USD |
U.S. | 175,700 USD |
Ocean City, MD | 86.33% |
Maryland | 96.92% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Ocean City, MD | Maryland | U.S. | |
Total Housing Units | 30,145, see rank, 100% | 2,399,375 | 132,741,033 |
Occupied Housing Units | 3,359, 11.14%, see rank | 89.86% | 87.55% |
Owner Occupied | 2,665, 8.84%, see rank | 60.26% | 56.34% |
Renter Occupied | 694, 2.30%, see rank | 29.60% | 31.21% |
Vacant Housing Units | 26,786, 88.86%, see rank | 10.14% | 12.45% |
For Rent | 7,514, 24.93%, see rank | 2.24% | 2.34% |
For Sale Only | 390, 1.29%, see rank | 1.11% | 1.20% |
Rented or Sold, Not Occupied | 62, 0.21%, see rank | 0.65% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 18,400, 61.04%, see rank | 2.35% | 3.97% |
For Migrant Workers | 266, 0.88%, see rank | 0.03% | 0.03% |
Other Vacant | 154, 0.51%, see rank | 3.76% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #160Ocean City, MD | Maryland | U.S. |
1981 | 1975 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Ocean City, MD | % | Maryland | U.S. | |
Owner-Occupied Units | 2,665 | 100% | 1,445,880 | 74,787,460 |
With a Mortgage | 1,425 | 53.47%, see rank | 75.17% | 65.58% |
Without a Mortgage | 1,240 | 46.53%, see rank | 24.83% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Ocean City, MD | 1,681 USD |
Maryland | 1,999 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Ocean City, MD | % | Maryland | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.12% | 0.20% |
$300 to $499 | 0 | 0.00%, see rank | 0.75% | 1.59% |
$500 to $699 | 46 | 3.23%, see rank | 1.94% | 5.01% |
$700 to $999 | 125 | 8.77%, see rank | 5.73% | 14.32% |
$1,000 to $1,499 | 483 | 33.89%, see rank | 18.28% | 27.90% |
$1,500 to $1,999 | 267 | 18.74%, see rank | 23.23% | 20.35% |
$2,000 to $2,999 | 249 | 17.47%, see rank | 31.23% | 19.52% |
$3,000 or More | 255 | 17.89%, see rank | 18.71% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean City, MD | 26.90% of the Total Income |
Maryland | 24.00% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Ocean City, MD | % | Maryland | U.S. | |
10% or Less | 195 | 13.68%, see rank | 5.74% | 5.86% |
10% to 20% | 366 | 25.68%, see rank | 30.56% | 31.95% |
20% to 30% | 269 | 18.88%, see rank | 29.32% | 27.64% |
30% to 40% | 114 | 8.00%, see rank | 14.45% | 13.74% |
40% or More | 472 | 33.12%, see rank | 19.55% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Ocean City, MD | 621 USD |
Maryland | 583 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Ocean City, MD | % | Maryland | U.S. |
$199 or Less | 0 | 0.00%, see rank | 2.62% | 7.76% |
$200 to $299 | 75 | 6.05%, see rank | 5.55% | 14.70% |
$300 to $499 | 323 | 26.05%, see rank | 28.64% | 34.63% |
$500 to $699 | 332 | 26.77%, see rank | 29.57% | 21.16% |
$700 or More | 510 | 41.13%, see rank | 33.62% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean City, MD | 17.30% of the Total Income |
Maryland | 12.10% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Ocean City, MD | % | Maryland | U.S. | |
10% or Less | 338 | 27.26%, see rank | 41.59% | 40.19% |
10% to 20% | 421 | 33.95%, see rank | 30.55% | 31.47% |
20% to 30% | 198 | 15.97%, see rank | 11.67% | 12.24% |
30% to 40% | 93 | 7.50%, see rank | 5.66% | 5.64% |
40% or More | 190 | 15.32%, see rank | 9.55% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Ocean City, MD | Maryland | U.S. | |
Total Housing Units | 30,145, 100% | 2,399,375 | 132,741,033 |
1-unit, Detached | 2,612, 8.66%, see rank | 51.72% | 61.65% |
1-unit, Attached | 1,505, 4.99%, see rank | 21.19% | 5.82% |
2 Units | 419, 1.39%, see rank | 1.60% | 3.75% |
3 or 4 Units | 1,343, 4.46%, see rank | 2.20% | 4.43% |
5 to 9 Units | 2,933, 9.73%, see rank | 4.94% | 4.78% |
10 or More Units | 19,414, 64.40%, see rank | 16.70% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 1,919, 6.37%, see rank | 1.63% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Ocean City, MD | Maryland | U.S. | |
Total Housing Units | 30,145, 100% | 2,399,375 | 132,741,033 |
1 Room | 1,695, 5.62%, see rank | 1.15% | 1.95% |
2 Rooms | 2,929, 9.72%, see rank | 1.62% | 2.48% |
3 Rooms | 8,215, 27.25%, see rank | 7.62% | 9.13% |
4 Rooms | 8,573, 28.44%, see rank | 12.84% | 16.60% |
5 Rooms | 4,513, 14.97%, see rank | 14.80% | 20.41% |
6 Rooms | 1,854, 6.15%, see rank | 17.19% | 18.06% |
7 Rooms | 1,003, 3.33%, see rank | 14.01% | 12.27% |
8 Rooms | 667, 2.21%, see rank | 11.30% | 8.48% |
9 Rooms or More | 696, 2.31%, see rank | 19.47% | 10.60% |
Median Rooms | 3.80, see rank | 6.20 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Ocean City, MD | Maryland | U.S. | |
Total Housing Units | 30,145, 100% | 2,399,375 | 132,741,033 |
No Bedroom | 1,890, 6.27%, see rank | 1.33% | 2.17% |
1 Bedroom | 4,250, 14.10%, see rank | 10.34% | 11.16% |
2 Bedrooms | 13,081, 43.39%, see rank | 22.38% | 26.69% |
3 Bedrooms | 9,098, 30.18%, see rank | 37.63% | 39.70% |
4 Bedrooms | 1,177, 3.90%, see rank | 21.12% | 16.05% |
5 or More Bedrooms | 649, 2.15%, see rank | 7.20% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Ocean City, MD | Maryland | U.S. | |
Total Housing Units | 3,359, 100% | 2,155,983 | 116,211,092 |
Utility Gas | 352, 10.48%, see rank | 44.54% | 48.85% |
Bottled, Tank, or LP Gas | 97, 2.89%, see rank | 3.17% | 4.86% |
Electricity | 2,747, 81.78%, see rank | 39.67% | 36.68% |
Fuel Oil, Kerosene, etc. | 138, 4.11%, see rank | 10.31% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.11% | 0.12% |
Wood | 9, 0.27%, see rank | 1.37% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 0, 0.00%, see rank | 0.45% | 0.47% |
No Fuel Used | 16, 0.48%, see rank | 0.35% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Ocean City, MD | Maryland | U.S. |
Occupied Units Paying Rent | 581, 100% | 682,566 | 39,201,928 |
$199 or Less | 0, 0.00%, see rank | 1.63% | 1.50% |
$200 to $299 | 11, 1.89%, see rank | 2.77% | 3.18% |
$300 to $499 | 9, 1.55%, see rank | 3.76% | 7.37% |
$500 to $699 | 88, 15.15%, see rank | 5.52% | 16.01% |
$700 to $999 | 191, 32.87%, see rank | 18.21% | 29.17% |
$1,000 to $1,499 | 218, 37.52%, see rank | 37.53% | 26.88% |
$1,500 to $1,999 | 64, 11.02%, see rank | 19.46% | 9.79% |
$2,000 or More | 0, 0.00%, see rank | 11.13% | 6.10% |
Median | $982, see rank | $1,218 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Ocean City, MD | Maryland | U.S. | |
Occupied Housing Units | 3,359, 100% | 2,155,983 | 116,211,092 |
No Vehicles Available | 202, 6.01%, see rank | 9.39% | 9.12% |
1 Vehicles Available | 1,654, 49.24%, see rank | 32.90% | 33.80% |
2 Vehicles Available | 1,166, 34.71%, see rank | 36.77% | 37.48% |
3 or More Vehicles Available | 337, 10.03%, see rank | 20.95% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.