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: January 2026
Median Sale Price
$860K
↑ 10.5% YoY
Days on Market
78 days
↑ 5.4% YoY
Active Inventory
799
↓ 5.6% YoY
Homes Sold
191
↓ 4.5% 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 January 2026, the median home sale price is $860K, up 10.5% year-over-year. Homes are spending a median of 78 days on the market, 5.4% longer than a year ago.
There are 799 homes for sale — 5.6% fewer than last year. With 4.2 months of supply, this is a balanced market. 202 new listings were added during this period, down 16.9% year-over-year.
Homes are selling for 97.3% of their list price on average, suggesting room for negotiation. 16.2% of homes sell above their asking price. 15.1% 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 103% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Ocean City, NJ metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$822K
Price per Sq Ft
$605
Sale-to-List Ratio
97.3%
Months of Supply
4.2
Sold Above List
16.2%
Price Drops
15.1%
New Listings
202
↓ 16.9% YoY
Pending Sales
165
Off Market in 2 Weeks
24.2%
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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.