Housing & Real Estate — Ocean City, Maryland
Overview
| Total Housing Units | 29,834 |
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| Occupied | 3,872 |
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| Vacant | 25,962 |
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| Owner-Occupied | 2,842 |
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| Renter-Occupied | 1,030 |
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| Median Home Value (Census) | $429,000 |
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| Estimated 2026 | ~$474,000 |
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| Median Rent | $1,187/mo |
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| Median Property Tax | $3,997/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | expensive |
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| Rent as % of Income | 18.3% |
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| Severely Rent-Burdened | 44.8% |
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Housing Age
| Built 2010 or later | 603 |
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| Built 2000-2009 | 3,219 |
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| Built 1990-1999 | 1,911 |
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| Built before 1960 | 1,133 |
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| Median Year Built | 1982 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
