Ocean City, NJ 08226 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ocean City, NJ—08226

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,043,000

0.5% YoY Growth

Household Income

$102,000

43.6% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

4.4%

Median Rent

$2,500

14.9% YoY Growth

1-Bed Rent

$1,300

8.0% YoY Growth

2-Bed Rent

$2,500

45.4% YoY Growth

3-Bed Rent

$3,500

4.6% YoY Growth

Home Price Trends — Ocean City, NJ

As of Dec '25, the median home price in Ocean City, NJ is $1,043,000, with a year-over-year change of 0.5%. This indicates that home prices in Ocean City, NJ are flat. According to Zillow, the 1-year price projection is 4.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,043,000	0.5%
Single Family	$1,419,000	1.0%
Condos	$952,000	1.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ocean City, NJ

As of July '25, Rentcast reports the average rent in Ocean City, NJ is $3,080, with a year-over-year rent change of -14.9%. Per bedroom, the median rent as of July '25 in Ocean City, NJ is 1-bedrooms: $3,450, 2-bedrooms: $2,530, 3-bedrooms: $3,140, 4-bedrooms: $3,250. The most common rental property sizes in Ocean City, NJ are 2-bedroom and 3-bedroom, accounting for 47.5% and 21.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$3,080
Studio Rent	N/A	N/A
1 Bed Rent	$1,300	$3,450
2 Bed Rent	$2,500	$2,530
3 Bed Rent	$3,500	$3,140
4 Bed Rent	$2,500	$3,250

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% of Rental Stock

Studio

5.4%

1 Bedroom

18.0%

2 Bedrooms

47.5%

3 Bedrooms

21.0%

4 Bedrooms

6.6%

5+ Bedrooms

1.5%

Property Listings — Ocean City, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Ocean City, NJ is 54. This is a decrease of -9.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,340,000	-1.0%
Listing Count	280	-3.0%
Listings as % of Homes	1.5%	-3.0%
Days on Market	70	-10.0%

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Demographics — Ocean City, NJ

As of the latest ACS Survey released in 2023, Ocean City, NJ has a population of 11,300, which has remained stable by 0.5% over the past 5 years. Ocean City, NJ is a moderately popular place for families, as children make up 15.1% of the population. The area has a highly educated workforce, with 54.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,300	0.5%
% Under 18	15.1%	-16.1%
% Seniors	34.2%	8.2%
% WFH	15.9%	109.2%
% w/ College Degree	54.7%	11.6%

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As of the latest ACS Survey released in 2023, Ocean City, NJ is a predominantly white area, with 85.8% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Ocean City, NJ is hispanic, making up 9.3% of the population. Foreign-born residents account for 6.6% of the population in Ocean City, NJ, and this percentage has increased by 3.1% 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	85.8%	0.5%
% Black	2.2%	-31.2%
% Hispanic	9.3%	27.4%
% Asian	0.3%	-83.3%
% Foreign Born	6.6%	3.1%

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Mortgage and Risk — Ocean City, NJ

According to HUD data as of 2023, there were 632 mortgage originations in Ocean City, NJ, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Ocean City, NJ. Investor activity is low, as 8.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	632
% Conventional Loans	99.0%
% Government Loans	1.0%
% Investor Loans	8.0%
% Second Loans	62.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Ocean City, NJ

As of 2024, the percent of homes in Ocean City, NJ under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Ocean City, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	173
Total Units Section 8	134
% Rentals under Section 8	8.8%
% Occupied Section 8	96.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$80	$1,300	$1,380
2 Bedroom	-$690	$2,500	$1,810
3 Bedroom	-$1,080	$3,500	$2,420
4 Bedroom	-$70	$2,500	$2,430

Ocean City, NJ—08226

Key Metrics at a Glance

Home Price Trends — Ocean City, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ocean City, NJ

% of Rental Stock

Property Listings — Ocean City, NJ

Demographics — Ocean City, NJ

Race and Ethnicity

Mortgage and Risk — Ocean City, NJ

Mortgages

Rentals and Section 8 — Ocean City, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ocean City, NJ

Home Price to Income Ratio

Ocean City, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Somers Point, NJ

Marmora, NJ

Linwood, NJ

Longport, NJ

Strathmere

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	9.8
Median Home Price	$1,043,000
Median Household Income	$102,000

Ocean City, NJ—08226

Key Metrics at a Glance

Home Price Trends — Ocean City, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ocean City, NJ

% of Rental Stock

Property Listings — Ocean City, NJ

Demographics — Ocean City, NJ

Race and Ethnicity

Mortgage and Risk — Ocean City, NJ

Mortgages

Rentals and Section 8 — Ocean City, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ocean City, NJ

Home Price to Income Ratio

Ocean City, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Somers Point, NJ

Marmora, NJ

Linwood, NJ

Longport, NJ

Strathmere

Frequently Asked Questions

What is the average home price in Ocean City, NJ 08226?

How have home prices in Ocean City, NJ 08226 changed over the past year?

What is the home price projection for Ocean City, NJ 08226?

What are the demographics of Ocean City, NJ 08226?

How long does it take homes to sell in Ocean City, NJ 08226?

What is the average rent price in Ocean City, NJ 08226?