Ocean City, NJ metro area Housing Market
Cold MarketComprehensive housing market data for the Ocean City, NJ metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$743K
↑ 32.6% YoY
Days on Market
77 days
↓ 20.6% YoY
Active Inventory
897
↓ 10.3% YoY
Homes Sold
192
↓ 2.5% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Ocean City, NJ metro area Market Summary
The Ocean City, NJ metro area housing market is cooling down. As of March 2026, the median home sale price is $743K, up 32.6% year-over-year. Homes are spending a median of 77 days on the market, 20.6% shorter than a year ago.
There are 897 homes for sale — 10.3% fewer than last year. With 4.7 months of supply, this is a balanced market. 296 new listings were added during this period, down 20.0% year-over-year.
Homes are selling for 97.7% of their list price on average, suggesting room for negotiation. 18.2% of homes sell above their asking price. 18.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. New Jersey Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 70% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Ocean City, NJ metro area Market Trends
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Detailed Market Metrics
Median List Price
$867K
Price per Sq Ft
$600
Sale-to-List Ratio
97.7%
Months of Supply
4.7
Sold Above List
18.2%
Price Drops
18.1%
New Listings
296
↓ 20.0% YoY
Pending Sales
246
Off Market in 2 Weeks
27.2%
Other Markets in New Jersey
New Brunswick, NJ metro area
$550K · 51d on market
Newark, NJ metro area
$600K · 35d on market
Camden, NJ metro area
$366K · 42d on market
Atlantic City, NJ metro area
$377K · 81d on market
Trenton, NJ metro area
$423K · 51d on market
Vineland, NJ metro area
$270K · 62d on market
Analyze a deal in Ocean City, NJ metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.