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📍 Ocean City, MD · Zillow ZHVI · July 2026

Average Home Price in
Ocean City, MD

Salisbury, MD-DE metro area · Worcester County County

Median Home Value
$444,692
↓ 2.4% year-over-year
vs. National Median
$410,000
Ocean City is 8% above
Est. Monthly Payment
$2,319/mo
20% down · 6.8% rate
Income Needed
$118K
gross annual (30% rule)
Median Home Value
$444,692
↓ 2.4% year-over-year
Down Payment (20%)$88,938
Monthly P&I$2,319/mo
With Taxes & Ins.~$2,945/mo
Income Needed$117,800/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Ocean City, MD

The median home value in Ocean City, MD is $444,692 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and down 0.8% from two years prior.

Compared to the U.S. national median of $410,000, homes in Ocean City are priced8% above average. Ocean City is part of the Salisbury, MD-DE metro area.

Over the past five years, Ocean City home values have risen by approximately23.4%, reflecting strong long-term appreciation in this market.

City Comparison

Ocean City vs. National Median

🏠 Ocean City
$444,692
National Median
$410,000

At $444,692, homes in Ocean City cost 8% above the national median of $410,000. Buyers in Ocean City should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Ocean City?

20% Down Payment
$88,938
on $444,692
Monthly P&I
$2,319/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,945/mo
incl. taxes & insurance
Income Needed
$117,800
gross annual (30% rule)
10% Down Option
$44,469
+ PMI applies
Loan Amount (20% dn)
$355,754
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 City, MD?
The median home value in Ocean City is $444,692 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Ocean City?
Over the past year, home values in Ocean City have decreased by 2.4%. Over five years, prices have risen approximately 23.4%.
How much do I need to earn to buy a home in Ocean City?
To comfortably afford the median home price of $444,692 with a 20% down payment ($88,938) at today's rates (6.8%), you'd need a gross annual income of approximately $117,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Ocean City compare to the national average home price?
The national median home value is approximately $410,000. At $444,692, homes in Ocean City are 8% above the national average.
What metro area is Ocean City part of?
Ocean City is part of the Salisbury, MD-DE metropolitan area. Home prices and market conditions can vary across the broader metro region.