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Ocean Pines Micro Area Housing

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As of 2008-2012, median price of a house in Ocean Pines Area is $268,500, which is lower than the state average of $287,500 and is higher than the national average of $175,700. The median year that a house in Ocean Pines Area was built is 1983, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1975.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 16,856 Owner Occupied Houses in Ocean Pines Area, #59

Ocean Pines Area	268,500 USD
Maryland	304,900 USD
U.S.	181,400 USD

Median House Price Growth Since 2005-2009, see rank

Ocean Pines Area		-7.16%
Maryland		96.92%
U.S.		46.91%

*The Ocean Pines Area median house price growth rate is since 2005-2009. The Maryland and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2008-2012 data. View historical house value data.

Housing Occupancy

	Ocean Pines Area	Maryland	U.S.
Total Housing Units	55,749, see rank, 100%	2,378,814	131,704,730
Occupied Housing Units	22,229, 39.87%, see rank	90.65%	88.62%
Owner Occupied	16,737, 30.02%, see rank	61.20%	57.69%
Renter Occupied	5,492, 9.85%, see rank	29.45%	30.93%
Vacant Housing Units	33,520, 60.13%, see rank	9.35%	11.38%
For Rent	3,372, 6.05%, see rank	2.60%	3.14%
For Sale Only	1,238, 2.22%, see rank	1.38%	1.44%
Rented or Sold, Not Occupied	313, 0.56%, see rank	0.43%	0.48%
For Seasonal, Recreational, or Occasional Use	27,597, 49.50%, see rank	2.35%	3.53%
For Migrant Workers	5, 0.01%, see rank	0.01%	0.02%
Other Vacant	995, 1.78%, see rank	2.58%	2.77%

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

Year Structure Built

Median Built Year, #143

Ocean Pines Area	Maryland	U.S.
1983	1975	1975

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

*Based on 2008-2012 data. View historical year structure built data.

Mortgage Status

	Ocean Pines Area	%	Maryland	U.S.
Owner-Occupied Units	16,856	100%	1,456,472	75,484,661
With a Mortgage	10,532	62.48%, see rank	76.45%	67.13%
Without a Mortgage	6,324	37.52%, see rank	23.55%	32.87%

*Based on 2008-2012 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Ocean Pines Area	1,632 USD
Maryland	2,073 USD
U.S.	1,559 USD

Owner Costs Distribution

Monthly Owner Costs	Ocean Pines Area	%	Maryland	U.S.
$299 or Less	0	0.00%, see rank	0.07%	0.18%
$300 to $499	88	0.84%, see rank	0.58%	1.59%
$500 to $699	375	3.56%, see rank	1.73%	4.89%
$700 to $999	1,349	12.81%, see rank	5.59%	13.71%
$1,000 to $1,499	2,785	26.44%, see rank	17.47%	26.97%
$1,500 to $1,999	2,345	22.27%, see rank	21.83%	20.33%
$2,000 to $2,999	2,327	22.09%, see rank	31.86%	20.10%
$3,000 or More	1,263	11.99%, see rank	20.86%	12.24%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Ocean Pines Area	27.10% of the Total Income
Maryland	25.10% of the Total Income
U.S.	24.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Ocean Pines Area	%	Maryland	U.S.
10% or Less	631	5.99%, see rank	4.81%	5.04%
10% to 20%	2,604	24.72%, see rank	28.23%	29.70%
20% to 30%	2,776	26.36%, see rank	29.49%	28.18%
30% to 40%	1,733	16.45%, see rank	15.73%	14.80%
40% or More	2,733	25.95%, see rank	21.40%	21.80%

*Based on 2008-2012 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 Pines Area	547 USD
Maryland	578 USD
U.S.	449 USD

Owner Costs Distribution

Monthly Owner Costs	Ocean Pines Area	%	Maryland	U.S.
$199 or Less	212	3.35%, see rank	2.45%	7.99%
$200 to $299	527	8.33%, see rank	5.64%	15.31%
$300 to $499	1,997	31.58%, see rank	29.54%	35.02%
$500 to $699	1,670	26.41%, see rank	29.53%	20.88%
$700 or More	1,918	30.33%, see rank	32.84%	20.80%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Ocean Pines Area	14.00% of the Total Income
Maryland	12.70% of the Total Income
U.S.	12.60% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Ocean Pines Area	%	Maryland	U.S.
10% or Less	2,090	33.05%, see rank	39.09%	39.10%
10% to 20%	2,119	33.51%, see rank	31.46%	31.88%
20% to 30%	913	14.44%, see rank	12.56%	12.59%
30% to 40%	390	6.17%, see rank	5.99%	5.84%
40% or More	728	11.51%, see rank	9.96%	9.41%

*Based on 2008-2012 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Ocean Pines Area	Maryland	U.S.
Total Housing Units	55,666, 100%	2,378,932	131,642,457
1-unit, Detached	22,509, 40.44%, see rank	51.71%	61.70%
1-unit, Attached	2,808, 5.04%, see rank	21.10%	5.79%
2 Units	769, 1.38%, see rank	1.68%	3.80%
3 or 4 Units	1,524, 2.74%, see rank	2.22%	4.44%
5 to 9 Units	3,937, 7.07%, see rank	5.02%	4.78%
10 or More Units	19,930, 35.80%, see rank	16.53%	12.89%
Mobile Home, Boat, RV, Van, etc.	4,189, 7.53%, see rank	1.74%	6.60%

*Based on 2008-2012 data. View historical units in structure data.

Rooms

	Ocean Pines Area	Maryland	U.S.
Total Housing Units	55,666, 100%	2,378,932	131,642,457
1 Room	1,882, 3.38%, see rank	1.19%	1.95%
2 Rooms	4,255, 7.64%, see rank	1.55%	2.36%
3 Rooms	10,565, 18.98%, see rank	7.57%	8.97%
4 Rooms	10,015, 17.99%, see rank	12.93%	16.57%
5 Rooms	9,354, 16.80%, see rank	14.68%	20.41%
6 Rooms	6,881, 12.36%, see rank	17.04%	18.25%
7 Rooms	5,377, 9.66%, see rank	14.15%	12.38%
8 Rooms	3,222, 5.79%, see rank	11.43%	8.59%
9 Rooms or More	4,115, 7.39%, see rank	19.46%	10.52%
Median Rooms	4.60, see rank	6.20	5.50

*Based on 2008-2012 data. View historical rooms data.

Bedrooms

	Ocean Pines Area	Maryland	U.S.
Total Housing Units	55,666, 100%	2,378,932	131,642,457
No Bedroom	2,116, 3.80%, see rank	1.37%	2.16%
1 Bedroom	5,926, 10.65%, see rank	10.28%	11.12%
2 Bedrooms	18,287, 32.85%, see rank	22.62%	26.85%
3 Bedrooms	21,389, 38.42%, see rank	37.50%	39.76%
4 Bedrooms	6,313, 11.34%, see rank	21.07%	15.95%
5 or More Bedrooms	1,635, 2.94%, see rank	7.16%	4.16%

*Based on 2008-2012 data. View historical bedrooms data.

House Heating Fuel

	Ocean Pines Area	Maryland	U.S.
Total Housing Units	21,194, 100%	2,138,806	115,226,802
Utility Gas	3,408, 16.08%, see rank	44.82%	49.42%
Bottled, Tank, or LP Gas	3,038, 14.33%, see rank	3.21%	5.03%
Electricity	11,413, 53.85%, see rank	38.74%	35.51%
Fuel Oil, Kerosene, etc.	2,436, 11.49%, see rank	11.18%	6.46%
Coal or Coke	10, 0.05%, see rank	0.11%	0.12%
Wood	687, 3.24%, see rank	1.27%	2.08%
Solar Energy	0, 0.00%, see rank	0.02%	0.04%
Other Fuel	144, 0.68%, see rank	0.43%	0.43%
No Fuel Used	58, 0.27%, see rank	0.23%	0.90%

*Based on 2008-2012 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Ocean Pines Area	Maryland	U.S.
Occupied Units Paying Rent	3,740, 100%	657,078	37,562,111
$199 or Less	138, 3.69%, see rank	2.03%	1.76%
$200 to $299	161, 4.30%, see rank	2.62%	3.29%
$300 to $499	244, 6.52%, see rank	3.96%	8.20%
$500 to $699	615, 16.44%, see rank	6.23%	17.39%
$700 to $999	1,147, 30.67%, see rank	20.52%	29.40%
$1,000 to $1,499	965, 25.80%, see rank	38.02%	25.73%
$1,500 to $1,999	362, 9.68%, see rank	17.17%	8.92%
$2,000 or More	108, 2.89%, see rank	9.46%	5.30%
Median	$880, see rank	$1,172	$889

*Based on 2008-2012 data. View historical gross rent data.

Vehicle Available

	Ocean Pines Area	Maryland	U.S.
Occupied Housing Units	21,194, 100%	2,138,806	115,226,802
No Vehicles Available	1,196, 5.64%, see rank	9.39%	9.03%
1 Vehicles Available	7,363, 34.74%, see rank	32.56%	33.67%
2 Vehicles Available	8,042, 37.94%, see rank	36.88%	37.64%
3 or More Vehicles Available	4,593, 21.67%, see rank	21.17%	19.66%

*Based on 2008-2012 data. View historical vehicle available data.