38Alpha

Ocean City, NJ metro area Housing Market Brief

metro · as of May 2026

Buyer's

What is Ocean City, NJ metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-22.556
Inventory Health25%
-6.542
Affordability20%
14
Economic Strength20%
No data
50
Rental Yield15%
22

Where is Ocean City, NJ metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Ocean City, NJ metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Ocean City, NJ metro area housing market data

MetricValueYoY
Median Sale Price$744K▲ +2.7%
Median Days on Market68 days▲ +28.3%
Months of Supply4.2▲ +10.5%
Homes for Sale945-7.6%
Homes Sold226-16.6%
Median Price / Sq Ft$617▲ +3.1%
Sale-to-List Ratio98.0%▲ +0.9%

How has Ocean City, NJ metro area’s Alpha Score moved?

Now: 38
3-period trend
Median sale price · 12 mo

Markets like Ocean City, NJ metro area

Frequently asked questions

Is Ocean City, NJ metro area a buyer's or seller's market?

As of May 2026, Ocean City, NJ metro area is classified as a Buyer's Market, based on its Alpha Score of 38 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Ocean City, NJ metro area?

The median sale price in Ocean City, NJ metro area is $744K, having risen 2.7% over the past year.

How affordable is Ocean City, NJ metro area?

Ocean City, NJ metro area scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Ocean City, NJ metro area's Alpha Score?

Ocean City, NJ metro area's strongest dimension is Price Momentum (56/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Ocean City, NJ metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.