$3.5M  
The 21842 zip code market is may be getting less expensive. In tandem with sales continuing a five-week downward trend, bringing this week's numbers down to 72 homes sold over the last 30 days, price reductions are also at the highest they've been in three months, with 137 reported over the same period. When comparing other close-by zip codes within the same period, the most came from the 21811 zip code with 59 price reductions. While the number of price reductions hit a top, months of inventory is on a four-week upswing, this week hitting 14 months. The 21842 zip code is a definite buyer's market, due to the large amount of remaining inventory and aided by the rise in price reductions.
Comments:

$544K  
Over the last 30 days, a new upward trend of new sellers coming into the 21842 zip code market continued, with 195 listings in this week's report. Meanwhile, sales have fallen, with 66 homes selling during the same period. The median sales price remained unchanged over the latest reporting period for the 21842 zip code, coming in at $230,000. The 21842 zip code is a strong buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$859K  
A three-week downward trend was extended after the 21842 zip code market recorded 76 home sales over the last 30 days. Also, a record number 189 new listings were posted, the highest since November. In comparison, 21811 led all other nearby zip codes with 59 new listings. Prices are falling in the 21842 zip code, and this period the median price of all sales fell from $240,000 to $230,000. With decreasing sales and the availability of 14 months of inventory, the 21842 zip code is a definite buyer's market.
Comments:

$939K  
The 21842 zip code has a cost of living adjustment score of 124.7, which is expensive when compared to others in Maryland. Also, the area is considered less affluent than average with a median income of $49,794 per household. The 21842 zip code is made up of homes that are relatively old with a median of 28 years. The best school in the zip code is Ocean City Elementary School.
Comments:

$3.5M  
Home sales in the 21842 zip code market stayed soft in this week's report as they dropped 8.5% to 75 homes sold over the last 30 days. In comparison, the nearby 21811 zip code had 26 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 21842 zip code, and the median sales price this period increased from $246,250 to $250,000. The 21842 zip code is a strong buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$184K  
The 21842 zip code market remained soft this week with 81 homes sold over the last 30 days. On the other hand, the close-by 21811 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $252,500 over the latest reporting period for the 21842 zip code, up from $240,000. With decreasing sales and the availability of 12 months of inventory, the 21842 zip code is a solid buyer's market.
Comments:

$3.5M  
In this week's report, the number of homes sold in the 21842 zip code market dropped to 81 over the past 30 days, a decrease of 14.7% from last week's report. In comparison, the nearby 21811 zip code had 48 sales in the same time frame, the most of all neighboring zip codes. Prices were able to climb as this week's reported median sales price of $240,000 continued a four-week upswing. The 21842 zip code is a strong buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$1.6M  
New listings have fallen in the 21842 zip code market, reaching a low that hasn't been seen since last January. They also had a 30-day tally of 93 sales. In comparison, 21811 led all other nearby zip codes with 33 new listings. The median sales price rose to $244,000, up from last week's $240,000. The 21842 zip code is still a definite buyer's market, even after the decrease in new listings, due to the large 10 months of inventory left.
Comments:

$239K  
Over the last 30 days, a determined downward trend of new sellers coming into the 21842 zip code market continued, with 89 listings in this week's report. Meanwhile, sales fell, with 93 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Pricing in the 21842 zip code remains consistent from last week to this week, with the median sales price at $240,000 again. The 21842 zip code is a solid buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$939K  
21842 is a larger than average zip code in Maryland with 11,113 residents. Also, it has a higher than average density with 1,172.4 people per square mile. The 21842 zip code is an area where 12.2% of the homes are owned, while 4.9% are rented. Heading the list of top schools in the zip code is Ocean City Elementary School.
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