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Ocean City, MD 21842 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Ocean City, MD inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.15
ActiveActive listings: 4141PendingPending sales: 4747
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): $427k$427k
What homes actually sell for in Ocean City, MD
Distribution of 806 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $304k to $575k
$210k to $312k: 173 sales173sales$210k$312k to $414k: 154 sales$414k to $516k: 163 sales$414k$516k to $618k: 112 sales$618k to $719k: 54 sales$618k$719k to $821k: 33 sales$821k to $923k: 24 sales$821k$923k to $1.02M: 11 salesMedian $427k

What the numbers say

As of July 18, 2026, Resideline is tracking 41 active listings and 47 pending sales in ZIP code 21842. That pending-to-active ratio of 1.15 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $430,000, while the median of the 806 closed sales Resideline tracked over the last six months was $427,000. 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 1 days.

Frequently asked questions

What is the median home price in 21842?

The median closed sale price in Ocean City, MD 21842 was $427,000 over the last six months, based on 806 closed sales tracked by Resideline. The middle half of those sales ranged from $304,000 to $575,000.

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

Resideline is currently tracking 47 pending sales against 41 active listings in 21842, a pending-to-active ratio of 1.15. 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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