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Ocean City, FL Housing

 
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As of 2006-2010, median price of a house in Ocean City is $175,800, which is higher than the state average of $164,200 and is about the same as the national average of $179,900. The Ocean City median house value has grown by 110.79% since 2000. The growth rate for the price of a house in Ocean City is much higher than the state average rate of 55.64% and is much higher than the national average rate of 50.42%. The median year that a house in Ocean City was built is 1967, which is older than the median year for a house built in the state which is 1984 and is older than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,459 Owner Occupied Houses in Ocean City, FL, #482
Ocean City, FL
175,800 USD
Florida
205,600 USD
U.S.
188,400 USD
Median House Price Growth Since 2000, #233
Ocean City, FL
110.79%
Florida
55.64%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

 Ocean City, FL%FloridaU.S.
Total Housing Units2,726, see rank100%8,989,580131,704,730
Occupied Housing Units2,39487.82%, see rank82.55%88.62%
Owner Occupied1,33048.79%, see rank55.61%57.69%
Renter Occupied1,06439.03%, see rank26.94%30.93%
Vacant Housing Units33212.18%, see rank17.45%11.38%
For Rent1585.80%, see rank4.13%3.14%
For Sale Only421.54%, see rank2.21%1.44%
Rented or Sold, Not Occupied80.29%, see rank0.53%0.48%
For Seasonal, Recreational, or Occasional Use301.10%, see rank7.31%3.53%
For Migrant Workers00.00%, see rank0.02%0.02%
Other Vacant943.45%, see rank3.26%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #825
Ocean City, FLFloridaU.S.
196719841975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

 Ocean City, FL%FloridaU.S.
Owner-Occupied Units1,459100%4,986,62976,089,650
With a Mortgage85958.88%, see rank65.36%67.94%
Without a Mortgage60041.12%, see rank34.64%32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Ocean City, FL
1,363 USD
Florida
1,586 USD
U.S.
1,524 USD

Owner Costs Distribution
Monthly Owner CostsOcean City, FL%FloridaU.S.
$299 or Less00.00%, see rank0.19%0.22%
$300 to $49900.00%, see rank1.43%1.85%
$500 to $699313.61%, see rank4.48%5.39%
$700 to $99914216.53%, see rank12.95%14.41%
$1,000 to $1,49936142.03%, see rank26.86%27.08%
$1,500 to $1,99917520.37%, see rank21.70%19.94%
$2,000 to $2,9999811.41%, see rank21.11%19.39%
$3,000 or More526.05%, see rank11.27%11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean City, FL
27.70% of the Total Income
Florida
29.30% of the Total Income
U.S.
25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ocean City, FL%FloridaU.S.
10% or Less161.86%, see rank3.63%4.85%
10% to 20%20724.10%, see rank21.88%28.90%
20% to 30%28032.60%, see rank25.84%28.42%
30% to 40%17320.14%, see rank16.88%15.27%
40% or More18321.30%, see rank31.07%22.15%

*Based on 2006-2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Ocean City, FL
428 USD
Florida
472 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsOcean City, FL%FloridaU.S.
$199 or Less8013.33%, see rank8.30%8.92%
$200 to $2998213.67%, see rank13.28%16.68%
$300 to $49922938.17%, see rank33.07%35.65%
$500 to $69911118.50%, see rank22.82%20.07%
$700 or More9816.33%, see rank22.54%18.68%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean City, FL
12.70% of the Total Income
Florida
14.10% of the Total Income
U.S.
12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ocean City, FL%FloridaU.S.
10% or Less22938.17%, see rank33.27%38.92%
10% to 20%23038.33%, see rank32.46%31.98%
20% to 30%7512.50%, see rank14.06%12.67%
30% to 40%162.67%, see rank6.91%5.90%
40% or More508.33%, see rank11.74%9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Ocean City, FL%FloridaU.S.
Total Housing Units2,547100%8,863,057130,038,080
1-unit, Detached1,72867.84%, see rank54.07%61.62%
1-unit, Attached1566.12%, see rank6.15%5.74%
2 Units281.10%, see rank2.25%3.88%
3 or 4 Units1274.99%, see rank3.85%4.47%
5 to 9 Units2088.17%, see rank5.09%4.84%
10 or More Units1897.42%, see rank18.70%12.68%
Mobile Home, Boat, RV, Van, etc.1114.36%, see rank9.89%6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

 Ocean City, FL%FloridaU.S.
Total Housing Units2,547100%8,863,057130,038,080
1 Room281.10%, see rank1.24%1.59%
2 Rooms803.14%, see rank2.38%2.62%
3 Rooms1395.46%, see rank9.95%9.02%
4 Rooms61824.26%, see rank21.68%16.85%
5 Rooms54021.20%, see rank23.45%20.93%
6 Rooms46318.18%, see rank18.57%18.56%
7 Rooms40515.90%, see rank11.22%12.38%
8 Rooms1525.97%, see rank6.29%8.39%
9 Rooms or More1224.79%, see rank5.21%9.65%
Median Rooms5.30, see rank-5.105.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

 Ocean City, FL%FloridaU.S.
Total Housing Units2,547100%8,863,057130,038,080
No Bedroom281.10%, see rank1.41%1.84%
1 Bedroom1776.95%, see rank10.97%11.32%
2 Bedrooms67626.54%, see rank34.24%27.20%
3 Bedrooms1,19146.76%, see rank38.34%39.80%
4 Bedrooms46818.37%, see rank12.76%15.80%
5 or More Bedrooms70.27%, see rank2.28%4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

 Ocean City, FL%FloridaU.S.
Total Housing Units2,285100%7,152,844114,235,996
Utility Gas76133.30%, see rank4.77%49.91%
Bottled, Tank, or LP Gas100.44%, see rank1.54%5.38%
Electricity1,51466.26%, see rank91.50%34.20%
Fuel Oil, Kerosene, etc.00.00%, see rank0.34%7.07%
Coal or Coke00.00%, see rank0.00%0.12%
Wood00.00%, see rank0.21%1.97%
Solar Energy00.00%, see rank0.03%0.03%
Other Fuel00.00%, see rank0.05%0.42%
No Fuel Used00.00%, see rank1.56%0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOcean City, FL%FloridaU.S.
Occupied Units Paying Rent805100%2,056,56235,969,315
$199 or Less00.00%, see rank1.55%2.25%
$200 to $29900.00%, see rank2.05%3.41%
$300 to $49991.12%, see rank4.81%9.80%
$500 to $69913516.77%, see rank12.66%19.41%
$700 to $99937546.58%, see rank33.87%29.88%
$1,000 to $1,49926032.30%, see rank32.57%23.51%
$1,500 to $1,999263.23%, see rank8.72%7.56%
$2,000 or More00.00%, see rank3.78%4.16%
Median$911, see rank-$957$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

 Ocean City, FL%FloridaU.S.
Occupied Housing Units2,285100%7,152,844114,235,996
No Vehicles Available582.54%, see rank6.46%8.85%
1 Vehicles Available79434.75%, see rank40.30%33.28%
2 Vehicles Available1,00744.07%, see rank38.62%37.87%
3 or More Vehicles Available42618.64%, see rank14.62%20.00%

*Based on 2006-2010 data. View historical vehicle available data.


 
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