Single-Family Homes
Mon Jun 01 2026
This week the median list price for Ocean City, NJ is $2,797,499 with the market action index hovering around 28. This is an increase over last month's market action index of 26. Inventory has increased to 92.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
| Median List Price | $2,797,499 | |
| Median Price of New Listings | $1,847,450 | |
| Per Square Foot | $996 | |
| Average Days on Market | 93 | |
| Median Days on Market | 70 | |
| Price Decreased | 18% | |
| Price Increased | 1% | |
| Relisted | 22% | |
| Inventory | 92 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $6,449,900 | 3,562 | 0.5 - 1 acre | 5 | 5.5 | 1 | 3 | 2 | 77 |
| $3,495,000 | 2,400 | 0.5 - 1 acre | 5 | 4 | 4 | 0 | 3 | 70 |
| $2,299,000 | 2,701 | 0.5 - 1 acre | 5 | 3.5 | 21 | 3 | 0 | 70 |
| $1,250,000 | 1,650 | 0 - 4,500 sqft | 4 | 2.5 | 59 | 4 | 2 | 35 |