Market Overview
Home Prices in Ocean Ridge, FL
The median home value in Ocean Ridge, FL is $1,493,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ocean Ridge are priced264% above average. Ocean Ridge is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, Ocean Ridge home values have risen by approximately55.0%, reflecting strong long-term appreciation in this market.
Price History
Ocean Ridge Home Price Trend
City Comparison
Ocean Ridge vs. National Median
At $1,493,929, homes in Ocean Ridge cost 264% above the national median of $410,000. Buyers in Ocean Ridge should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ocean Ridge?
20% Down Payment
$298,786
on $1,493,929
Monthly P&I
$7,791/mo
30-yr @ 6.8%
Total Monthly Est.
~$9,895/mo
incl. taxes & insurance
Income Needed
$395,800
gross annual (30% rule)
10% Down Option
$149,393
+ PMI applies
Loan Amount (20% dn)
$1,195,143
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ocean Ridge, FL?
The median home value in Ocean Ridge is $1,493,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Ocean Ridge?
Over the past year, home values in Ocean Ridge have increased by 3.2%. Over five years, prices have risen approximately 55.0%.
How much do I need to earn to buy a home in Ocean Ridge?
To comfortably afford the median home price of $1,493,929 with a 20% down payment ($298,786) at today's rates (6.8%), you'd need a gross annual income of approximately $395,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Ocean Ridge compare to the national average home price?
The national median home value is approximately $410,000. At $1,493,929, homes in Ocean Ridge are 264% above the national average.
What metro area is Ocean Ridge part of?
Ocean Ridge is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.