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Ocean City, Maryland Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
24
Sold (12M)
10
Median Price
$425K
Market Condition
Strong Buyer's Market

Ocean City, Maryland Market Meter

Buyer'sSeller's
Strong Buyer's Market

18.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$425K
Avg Price/Acre
$1.3M
Avg Days on Market
114
Months of Supply
18.0
YoY Price Change
-
New Listings (3M)
6

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres2448
1-2 acres--11
2-5 acres---1
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL24510
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres8 sold / 19 listed
1-2 acres1 sold / 2 listed
2-5 acres1 sold / 1 listed
10-20 acres0 sold / 1 listed

Median Price by Acreage

$0$275K$550K
0- 1
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.7M
Last 12 months
Active Listings
24
Current inventory
Avg Days on Market
114
Time to sell
Price Trend (YoY)
-
Year over year

Ocean City, Maryland Land Market Analysis

How much is land worth in Ocean City, Maryland?

The median price for land in Ocean City, Maryland is currently $1.3M per acre. For a typical parcel, the median sale price is $425K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $78K while premium lots reached $910K.

Is now a good time to buy land in Ocean City, Maryland?

Ocean City, Maryland is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Ocean City, Maryland?

Ocean City, Maryland currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the average price per acre in Ocean City, Maryland?

Land in Ocean City, Maryland averages $1.6M per acre. The median price per acre is $1.3M, which may be more representative of typical transactions. Most parcels sold are around 14,579 sq ft.

What is the median land price in Ocean City, Maryland?

The median land price in Ocean City, Maryland stands at $425K. This translates to roughly $1.3M per acre for the typical parcel size. The average price is $469K, indicating some higher-priced properties pulling up the average.

What is the total amount sold in Ocean City, Maryland last year?

Over the past 12 months, Ocean City, Maryland saw 10 properties sold, totaling $4.7M in sales volume. In just the last 3 months, 4 properties changed hands.

What is the absorption rate for land in Ocean City, Maryland?

The 3-month absorption rate in Ocean City, Maryland is 5.6%. The 12-month rate is 3.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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