The Week in Brief

As of Monday, October 19, 2026, there are 232 homes and condos for sale in Ocean City, with an average list price of about $2.09 million. In the last 30 days, 53 homes and condos sold, at an average asking price of about $1.71 million.

Freddie Mac's 30-year fixed rate held at 7.40% this week. This is our first weekly update, so starting next week you will see how each number moved from one week to the next.

Market at a Glance

Homes for sale
232
First issue: weekly change starts next week
Average list price
$2.09M
First issue: weekly change starts next week
Price per sq ft
$1,037
Average for listings with square footage
Sold, last 30 days
53
First issue: weekly change starts next week
Avg asking price of homes sold
$1.71M
Last 30 days
30-year fixed rate
7.40%
Unchanged from last week

Asking prices for active listings run from $149,000 for a small condo to $16.5 million for a large single-family home in the Gardens. Homes and condos for sale outnumber the last month's sales by about 4.4 to 1.

New on the Market

The ten newest listings in Ocean City this week, newest first:

All ten are condos, and two side-by-side pairs came on together: the units at 2544 and 2546 Central and the units at 2904 and 2906 Wesley.

Recently Sold

Ten of the 53 homes and condos that sold in the last 30 days. Prices shown are the final asking prices.

Across all 53 sales, asking prices ranged from $298,000 to $4,995,000.

Neighborhood Snapshot

Neighborhood For sale Avg list price
Central 78 $894,000
Northend 35 $1.36M
Gold Coast 26 $3.46M
Gardens 24 $4.62M
Bay Area 23 $2.15M
Southend 19 $1.49M
18th-34th Streets 11 $1.74M
Riviera 11 $5.65M
OC Homes 3 $1.04M
Bay Landings 1 $2,995,000
Merion Park 1 $974,900

Central holds about a third of everything for sale and has the lowest average list price. Averages in small groups move a lot with one listing: the Gardens average includes the $16.5 million listing at the top of the market.

Rates & Local News

Mortgage rates. The 30-year fixed rate averaged 7.40% for the week of October 15, unchanged from the week before and up from 6.27% a year ago, according to Freddie Mac's weekly survey. The 15-year averaged 6.71%.

Around town. Per the Mayor's Update of October 16, Boardwalk reconstruction between 14th and 16th Streets is underway (walkers exit at 14th and return at 17th), demolition of the old police headquarters on Central Avenue is planned for the week of October 26, and sewer main work continues in alleys in the Gardens. The city also passed along a fire marshal's warning about batteries and devices that may have been exposed to flood water. You can check conditions any time on our Ocean City live cams.

Graham & Alicia's Take

For buyers: with 232 homes and condos for sale and 53 sales in the last month, there is real choice right now, especially in Central, where most of the lower-priced condos are. With rates at 7.40%, run your monthly payment at today's rate before you fall for a listing, and compare a few similar homes so you know what a fair offer looks like.

For sellers: buyers have options this fall, so price and condition matter. Look at what is actually selling near you, not just what is listed, and make sure your home shows well in photos. If you are thinking about listing, a pricing review against this month's sales is the best place to start.

FAQ

How many homes are for sale in Ocean City right now?
As of October 19, 2026, 232 homes and condos are listed for sale, with asking prices from $149,000 to $16.5 million and an average of about $2.09 million.

Where are the lower-priced listings in town?
Central has the most listings (78) and the lowest average list price, about $894,000, followed by Merion Park, OC Homes and the Northend. Many of the lower-priced options are condos.

Is it a buyer's or a seller's market?
At last month's pace of 53 sales, today's 232 listings would take about 4.4 months to sell. Many agents treat about six months as balanced, so supply is on the tighter side, though it varies a lot by neighborhood and price range.

Thinking about buying or selling in Ocean City?

What's my home worth? Search every Ocean City neighborhood

Talk with Graham and Alicia - Berger Realty, 609-602-4884

Market data from the South Jersey Shore Regional MLS via OCNJ.com, as of October 19, 2026. Deemed reliable but not guaranteed.