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Local market intelligence

Ocean City, Maryland

Ocean City Market Brief

August 2026

Sales period
Sales period: August 2026
Inventory date
Inventory as of: September 1, 2026
Market data source
Market data: Long & Foster
MLS attribution
MLS attribution: Bright MLS
Email

At a glance

Ocean City · August 2026
Homes sold
93
↑ 25.7% vs July
Median sale price
$509K
↑ 15.7% vs July
Median sold market time
47
−12 days vs July
Sale-to-list ratio
97%
No change vs July

Market interpretation

What stands out

Ocean City Market Update: Sales and Prices Climb in August 2026

Here in Ocean City, the August 2026 market delivered a noticeable uptick in activity as we closed out the summer. We tracked 93 homes sold during the month, a 25.7% increase from July, which brings our year-to-date sales total to 723. The median sale price reached $509,000, rising 15.7% from the previous month. The pace of transactions also picked up, with the median sold days on market dropping 20.3% to 47 days. Notably, 24.7% of those August sales closed over asking, up 22 percentage points from July. Looking at current availability, we recorded an active inventory of 465 listings as of September 1, 2026. The median active list price for these properties stood at $475,000 on that same date. With steady transaction volume and shorter market times for sold properties, the Ocean City data reflects an active coastal area as we move into the early fall.

Active inventory
465

Buyer and seller takeaways

Buyer perspective

For buyers

For buyers navigating Ocean City, the recent data shows that homes are moving efficiently. With the median sold days on market dropping to 47 days and 24.7% of properties selling over asking in August 2026, you should be prepared to act decisively. However, with an active inventory of 465 listings as of September 1, 2026, there are still options available if you stay focused.

Seller perspective

For sellers

Sellers in Ocean City should note the recent performance, as the median sale price reached $509,000 in August 2026. Homes that sold last month moved at a median of 47 days on market, which is a 20.3% decrease from July. To capitalize on this activity, pricing your property accurately from day one is critical to attract buyers and stand out among the 465 active listings recorded as of September 1, 2026.

Point-in-time supply

Current inventory

As of September 1, 2026 — separate from August 2026 closed-sale data

Active listings as of September 1, 2026
465
Homes under contract as of September 1, 2026
103
Median active list price as of September 1, 2026
$475,000
Median active days on market as of September 1, 2026
108
Average active days on market as of September 1, 2026
133
Highest active list price as of September 1, 2026
$11,995,000
Lowest active list price as of September 1, 2026
$34,900

Research detail

Deeper market data

Additional approved statistics for Ocean City during August 2026.

Median list price (sold)
$509,000
Average sold days on market
90
Sales volume
$58,499,926.3
Sold over asking
24.7%
Homes sold YTD
723
Median sold price per square foot
$444

Approved monthly archive

Market history

Historical tracking begins with August 2026.

Ocean City market history

August 2026

Homes sold
93
Median sale price
$509,000
Median sold days on market
47 days
Active inventory
September 1, 2026 snapshot
465
Ocean City approved monthly market history
MonthHomes soldMedian sale priceMedian sold DOMSale-to-list ratioActive inventory
August 202693$509,0004797%465As of September 1, 2026

Source & methodology

A transparent market record

Market
Ocean City, Maryland
Reporting month
August 2026
Inventory snapshot date
September 1, 2026
Market data publisher
Long & Foster
MLS attribution
Bright MLS
Interpretation publisher
Tom Ruch · tomruch.com
Published / last updated
September 1, 2026

Completed-sale statistics reflect the stated reporting month. Inventory figures are a separate point-in-time snapshot.

Property-specific perspective

Market data is the backdrop. Evaluate a property against its actual competitive set.