Ocean City’s Market Is Soaring into Summer

If you thought Ocean City’s real estate market might cool down in 2025, think again.

The median sale price in Ocean City rose to $960,000 in April, a 4.3% increase year-over-year, according to reporting from W.F. Pagel Real Estate Group. With inventory still tight and second-home demand surging, the island’s property values remain among the highest along the Jersey Shore.

And with peak season in full swing, the pressure on both buyers and sellers is higher than ever.

What’s Driving Demand?

Several key factors are keeping the Ocean City market red-hot:

• Low Inventory: New listings remain limited—especially near the beach and downtown.

• Second-Home Buyers: Many buyers are entering the market for lifestyle reasons, not just investment.

• Multiple Offers: Homes priced right often receive competitive bids within days.

📍 Homes near the Boardwalk, Asbury Avenue, and the North End beaches continue to command premium pricing, especially for updated properties with rental potential.

Buyer Behavior: What We’re Seeing

Summer 2025 is seeing a familiar trend: well-located listings under $1.2M move quickly, often within a week. Homes above $1.5M—especially new builds or renovated beach blocks—are also holding strong, particularly when they offer parking, decks, or ocean views.

One Ocean City homeowner wrote in a Facebook group, “Our house never even made it to the second open house—it sold within 72 hours.”

Local Agent Insight: Second-Home Motivation Still Strong

As a local agent, I’ve worked with more second-home buyers this season than any summer since 2021. Many are choosing Ocean City for its consistent rental returns, community events, and walkable beach lifestyle. Even with interest rates higher than previous years, lifestyle value continues to outweigh hesitations—especially for buyers with flexible cash or 1031 exchanges.

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Why It Matters

Ocean City’s reputation as “America’s Greatest Family Resort” continues to translate into real estate confidence. For owners considering a sale—or buyers looking for a foothold—this summer could be a decisive moment. With high demand and limited listings, strategy matters more than ever.

Micro-FAQ

What’s the average Ocean City home price?
About $960,000 as of April 2025.

Are properties still selling above asking?
Yes—particularly updated beach blocks and North End homes.

Is this a good time to buy or sell?
For sellers, yes. For buyers, strategy and timing are key.

📞 Want expert help timing your Ocean City sale or purchase?

You can call me directly, send a quick message, or visit my contact page to talk strategy today.