Ocean Park—04063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ocean Park
Ocean Park lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ocean Park
Ocean Park lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ocean Park
As of Oct '25, Realtor.com reports that the median days on market for a home in Ocean Park is 41. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,000,000 | 102.0% |
Listing Count | 2 | 33.0% |
| Listings as % of Homes | N/A | 33.0% |
Days on Market | 41 | -3.0% |
Demographics — Ocean Park
As of the latest ACS Survey released in 2023, Ocean Park has a population of 565, which has increased by 17.2% over the past 5 years. Ocean Park is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 72.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 565 | 17.2% |
% Under 18 | 0.0% | N/A |
% Seniors | 74.9% | 34.2% |
% WFH | 19.0% | 555.2% |
% w/ College Degree | 72.7% | 62.6% |
As of the latest ACS Survey released in 2023, Ocean Park is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Ocean Park is hispanic, making up 8.5% of the population. Foreign-born residents account for 0.2% of the population in Ocean Park, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.2% | -5.5% |
% Black | 0.0% | N/A |
% Hispanic | 8.5% | ∞% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.2% | ∞% |
Mortgage and Risk — Ocean Park
According to HUD data as of 2023, there were 21 mortgage originations in Ocean Park, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 39.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Ocean Park. Investor activity is high, as 19.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 21 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 19.0% |
% Second Loans | 24.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Ocean Park
Ocean Park lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 105 |
Total Units Section 8 | 105 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,370 |
| 2 Bedroom | N/A | N/A | $1,760 |
| 3 Bedroom | N/A | N/A | $2,180 |
| 4 Bedroom | N/A | N/A | $2,470 |
Affordability — Ocean Park
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $60,600 |