Ocean City, FL housing market

The median sale price in Ocean City, FL was $320K in May 2026, down 5.6% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $342K, firming from $323K across the three months before that. That puts prices 15.9% below the strongest three-month stretch on record here, which ended in Nov 2024 at $407K.

Buyers had 23 homes to choose from in May 2026, down 25.8% year over year (Redfin). At the current sales pace that standing inventory works out to 3.8 months of supply; convention treats four to six months as a balanced market, which puts Ocean City, FL on the sellers' side of that line. 8 homes came to market in May 2026, against 6 closings. Homes that sold in May 2026 took a median of 28 days to go under contract, 42 days faster than this market's usual May pace.

Competition is measurable in the closings themselves: 0.0% settled above asking, and the average sale landed at 96% of its final list price. 35% of listings carried a price cut in May 2026.

This page tracks 9 monthly housing series for Ocean City, FL — median sale price, inventory (active), median days on market, months of supply, homes sold, new listings, and more — sourced from Redfin, running from Aug 2016 through May 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.