Market Intelligence · MD / Ocean City

Ocean City, MD 21842 Housing Market

The typical home value in Ocean City, MD 21842 is $446,397, down 2.0% over the past year. The median list price stands at $449,000, with homes taking a median of 99 days to sell.

Updated August 2026Median value$443K

The median home value in Ocean City, MD 21842 is $443K as of August 2026, down 1.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 21842 range

$408K to $479K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.3% over 12 months

Typical home value in 21842 over the last 12 months: $449K in Aug 2025 to $443K in Aug 2026 (-1.3%).

Aug 2025$449K

Aug 2026$443K

The numbers

What is the 21842 housing market like?

Typical home value

$443K

Down1.3%YoY

Median list price

$449K

Down0.2%MoM

Days on market

99

Up15.1%MoM

Homes for sale

486

Down2.8%MoM

Price cuts

16.1%

Down10.8%MoM

New listings

116

Up9.4%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 21842 home prices compare?

  • 21842$443,354
  • Ocean City$443,354
  • Maryland$448,067
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Ocean City: 1 ZIPs; Maryland: 423 ZIPs; United States: 26,265 ZIPs).

Context

Ocean City has 486 homes for sale as of August 2026, with 116 new listings entering the market. The median days on market of 99 indicates a slower sales pace. A notable 16.1% of listings have seen price cuts, reflecting the downward pressure on values over the past year. For sellers, this is a buyer's market where competition is significant and pricing strategically matters.

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