The population of Ocean City is shrinking slower than the rest of Maryland, at a 10-year growth rate of -26.0%. It's a larger than average city compared to the rest of the state, with 7,102 residents. Ocean City is made up of homes that are relatively old with a median of 28 years.
The housing prices of Ocean City are close to the state average with a median home value of $226,300 and a current average list price of $278,149.
Make sure you take a look at these eye-catching homes in Ocean City that generated the most views from potential buyers:
The typical dwelling in Ocean City is a two-bedroom condo worth about $255,037. To purchase a similar home, a buyer with good credit and a $51,007 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,146 monthly payment. The property tax rate is $7.54 per $1,000 of taxable assessed value.