Ocean City Weekly Market Update | Week Ending October 25, 2026

The Week in Brief

As of Monday, October 26, 2026, there are 229 homes and condos for sale in Ocean City, three fewer than last week, at an average list price of about $2.08 million. Fourteen new listings came on the market this week, yet the total still dipped, so more homes left the active list than joined it.

Sales picked up: 58 homes and condos sold in the last 30 days, up from 53 a week ago, at an average asking price of about $1.80 million. And Freddie Mac's 30-year fixed rate eased to 7.32% from 7.40%.

Market at a Glance

Asking prices for active listings run from $145,000 for a small condo in Central to $16.5 million for a single-family home on East Atlantic Boulevard in the Gardens. Price per square foot is the average for listings that report square footage.

New on the Market

Fourteen homes and condos were listed since last week's update, newest first:

• 202 18th St, Unit 2 - 3 bed, 3 bath condo, $1,249,900
• 892 3rd St - 4 bed, 3 bath single-family, $3,450,000
• 3134 Asbury Ave, 2nd Floor - 3 bed, 2 bath condo, new construction, $1,625,000
• 3130 Asbury Ave, 2nd Floor - 3 bed, 2 bath condo, new construction, $1,625,000
• 709 2nd St, 1st Floor - 3 bed, 1 bath condo, built 1920, $799,900
• 119 Simpson Ave - 5 bed, 7 bath single-family, 4,600 sq ft, new construction, $2,500,000
• 3507 West Ave, 2nd Floor - 3 bed, 2 bath condo, 1,150 sq ft, $1,200,000
• 829 Brighton Pl, Unit 2 - 3 bed, 2 bath condo, 1,213 sq ft, $1,149,999
• 3400 Central Ave, Unit 8 - 1 bed, 1 bath condo, $469,000
• 710 Ocean Ave, Unit A-1 - 2 bed, 2 bath condo, 1,125 sq ft, $649,000
• 857 Pelham Pl, Unit A - 3 bed, 2 bath condo, 1,142 sq ft, $799,900
• 3213 Bayland Dr - 5 bed, 6 bath single-family, new construction, $3,295,000
• 935 Ocean Ave, Unit 318 - 3 bed, 2 bath condo, 1,166 sq ft, $759,000
• 4840 Central Ave, Unit 1 - 4 bed, 2 bath condo, 1,466 sq ft, $1,649,000

Eleven of the fourteen are condos, and eight are priced under $1.25 million. Four are listed as new construction with a 2027 build year, including a matched pair of second-floor condos at 3130 and 3134 Asbury Avenue.

Recently Sold

Ten of the 58 homes and condos that sold in the last 30 days. Prices shown are the final asking prices, not sale prices.

• 860 2nd St, Unit B (2nd Floor) - 3 bed, 2 bath condo, asking $1,099,950
• 919 Central Ave, 2nd Floor - 4 bed, 2 bath condo, asking $1,497,500
• 14 W 28th St - 4 bed, 3 bath single-family, asking $1,464,900
• 195 W 17th St, Unit 1 - 3 bed, 2 bath condo, asking $1,899,999
• 821 Pelham Pl - 3 bed, 2 bath single-family, asking $1,349,900
• 4141 West Ave, Unit 1 - 3 bed, 2 bath condo, asking $779,900
• 4306 West Ave, Unit 9 - 2 bed, 1 bath condo, asking $639,000
• 1909 Ferndale Dr - 5 bed, 7 bath single-family, asking $5,999,000
• 5133 Central Ave, Unit 1 - 4 bed, 2 bath condo, asking $1,999,999
• 3408 Haven Ave, Unit 212 - 1 bath condo, asking $179,900

Across all 58 sales, asking prices ranged from $179,900 to $5,999,000.

Neighborhood Snapshot

Merion Park had no active listings this week, down from one. Central still holds about a third of everything for sale at the lowest average list price in town. The 18th-34th Streets average dropped from about $1.74 million to $1.50 million on the same count of 11 listings, a reminder that a single listing coming or going can swing averages in small groups.

Rates & Local News

Mortgage rates. The 30-year fixed rate averaged 7.32% for the week of October 22, down from 7.40% the week before and up from 6.19% a year ago, according to Freddie Mac's weekly survey. The 15-year averaged 6.68%, down from 6.71%.

Around town. Per the Mayor's Update of October 23, demolition of the Boardwalk between 14th and 16th Streets was wrapping up, with new construction set to start the following week, and demolition of the old police headquarters was expected to begin this week and take about five weeks. City Council also approved a $7.4 million contract for a new airport terminal and confirmed Matt von der Hayden as the city's next business administrator. You can check conditions on the island any time on our Ocean City live cams.

Graham & Alicia's Take

For buyers: there is still plenty to choose from, with 229 homes and condos for sale and 14 fresh listings this week, most of them condos under $1.25 million. Rates ticked down a little, so it is a good week to rerun your monthly payment numbers. With sales up from last week, the better-priced homes are moving, so if something on this week's list fits, see it sooner rather than later.

For sellers: more homes left the market this week than came on, and the average asking price of homes that sold rose to about $1.80 million. That is encouraging, but buyers still have options in most neighborhoods. Price against recent sales near you, not just active listings, and make sure your home shows well before it goes live.

FAQ

How many homes are for sale in Ocean City right now?
As of October 26, 2026, 229 homes and condos are listed for sale, with asking prices from $145,000 to $16.5 million and an average of about $2.08 million.

How fast are Ocean City homes selling this fall?
58 homes and condos sold in the last 30 days. At that pace, today's 229 listings would take about 3.9 months to sell, down from about 4.4 months last week. Many agents treat about six months as balanced, so supply is on the tighter side, though it varies by neighborhood and price range.

Which neighborhood has the most homes for sale?
Central, with 79 listings at an average list price of about $931,000, followed by the Northend with 37 at about $1.41 million.

Market data from the South Jersey Shore Regional MLS via OCNJ.com, as of October 26, 2026. Deemed reliable but not guaranteed.