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Ocean City, MD 21842 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Ocean City, MD inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.91
ActiveActive listings: 3535PendingPending sales: 6767
Ocean City, MD: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $430k$430kSoldMedian sold price (last 6 months): $430k$430k
What homes actually sell for in Ocean City, MD
Distribution of 827 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $308k to $591k
$208k to $313k: 176 sales176sales$208k$313k to $418k: 167 sales$418k to $524k: 159 sales$418k$524k to $629k: 106 sales$629k to $734k: 60 sales$629k$734k to $840k: 37 sales$840k to $945k: 24 sales$840k$945k to $1.05M: 15 salesMedian $430k

What the numbers say

As of August 26, 2026, Resideline is tracking 35 active listings and 67 pending sales in ZIP code 21842. That pending-to-active ratio of 1.91 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $429,900, while the median of the 827 closed sales Resideline tracked over the last six months was $430,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 21842 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 21842?

The median closed sale price in Ocean City, MD 21842 was $430,000 over the last six months, based on 827 closed sales tracked by Resideline. The middle half of those sales ranged from $307,500 to $591,000.

Is 21842 a buyer's or seller's market?

Resideline is currently tracking 67 pending sales against 35 active listings in 21842, a pending-to-active ratio of 1.91. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 21842 currently looks like a seller's market.

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