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Ocean Pines, MD Housing

 
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As of 2010-2014, median price of a house in Ocean Pines is $270,400, which is lower than the state average of $287,500 and is higher than the national average of $175,700. The Ocean Pines median house value has grown by 94.81% since 2000. The growth rate for the price of a house in Ocean Pines is lower than the state average rate of 96.92% and is much higher than the national average rate of 46.91%. The median year that a house in Ocean Pines was built is 1993, 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 1976.

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 4,205 Owner Occupied Houses in Ocean Pines, MD, #193
Ocean Pines, MD
270,400 USD
Maryland
287,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #135
Ocean Pines, MD
94.81%
Maryland
96.92%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Ocean Pines, MDMarylandU.S.
Total Housing Units8,973, see rank, 100%2,399,375132,741,033
Occupied Housing Units4,693, 52.30%, see rank89.86%87.55%
Owner Occupied4,205, 46.86%, see rank60.26%56.34%
Renter Occupied488, 5.44%, see rank29.60%31.21%
Vacant Housing Units4,280, 47.70%, see rank10.14%12.45%
For Rent49, 0.55%, see rank2.24%2.34%
For Sale Only31, 0.35%, see rank1.11%1.20%
Rented or Sold, Not Occupied43, 0.48%, see rank0.65%0.92%
For Seasonal, Recreational, or Occasional Use4,144, 46.18%, see rank2.35%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant13, 0.14%, see rank3.76%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #39
Ocean Pines, MDMarylandU.S.
199319751976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Ocean Pines, MD%MarylandU.S.
Owner-Occupied Units4,205100%1,445,88074,787,460
With a Mortgage2,69264.02%, see rank75.17%65.58%
Without a Mortgage1,51335.98%, see rank24.83%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Ocean Pines, MD
1,680 USD
Maryland
1,999 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOcean Pines, MD%MarylandU.S.
$299 or Less00.00%, see rank0.12%0.20%
$300 to $499230.85%, see rank0.75%1.59%
$500 to $699511.89%, see rank1.94%5.01%
$700 to $9992639.77%, see rank5.73%14.32%
$1,000 to $1,49977228.68%, see rank18.28%27.90%
$1,500 to $1,99974927.82%, see rank23.23%20.35%
$2,000 to $2,99961422.81%, see rank31.23%19.52%
$3,000 or More2208.17%, see rank18.71%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean Pines, MD
25.90% of the Total Income
Maryland
24.00% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ocean Pines, MD%MarylandU.S.
10% or Less1184.38%, see rank5.74%5.86%
10% to 20%68025.26%, see rank30.56%31.95%
20% to 30%92234.25%, see rank29.32%27.64%
30% to 40%43416.12%, see rank14.45%13.74%
40% or More51519.13%, see rank19.55%20.29%

*Based on 2010-2014 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, MD
538 USD
Maryland
583 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOcean Pines, MD%MarylandU.S.
$199 or Less120.79%, see rank2.62%7.76%
$200 to $299624.10%, see rank5.55%14.70%
$300 to $49961040.32%, see rank28.64%34.63%
$500 to $69937124.52%, see rank29.57%21.16%
$700 or More45830.27%, see rank33.62%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean Pines, MD
13.70% of the Total Income
Maryland
12.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ocean Pines, MD%MarylandU.S.
10% or Less47431.33%, see rank41.59%40.19%
10% to 20%63742.10%, see rank30.55%31.47%
20% to 30%19312.76%, see rank11.67%12.24%
30% to 40%442.91%, see rank5.66%5.64%
40% or More15410.18%, see rank9.55%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Ocean Pines, MDMarylandU.S.
Total Housing Units8,973, 100%2,399,375132,741,033
1-unit, Detached7,861, 87.61%, see rank51.72%61.65%
1-unit, Attached262, 2.92%, see rank21.19%5.82%
2 Units11, 0.12%, see rank1.60%3.75%
3 or 4 Units74, 0.82%, see rank2.20%4.43%
5 to 9 Units92, 1.03%, see rank4.94%4.78%
10 or More Units143, 1.59%, see rank16.70%13.08%
Mobile Home, Boat, RV, Van, etc.530, 5.91%, see rank1.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Ocean Pines, MDMarylandU.S.
Total Housing Units8,973, 100%2,399,375132,741,033
1 Room9, 0.10%, see rank1.15%1.95%
2 Rooms293, 3.27%, see rank1.62%2.48%
3 Rooms193, 2.15%, see rank7.62%9.13%
4 Rooms780, 8.69%, see rank12.84%16.60%
5 Rooms2,152, 23.98%, see rank14.80%20.41%
6 Rooms2,119, 23.62%, see rank17.19%18.06%
7 Rooms1,358, 15.13%, see rank14.01%12.27%
8 Rooms1,094, 12.19%, see rank11.30%8.48%
9 Rooms or More975, 10.87%, see rank19.47%10.60%
Median Rooms6.00, see rank6.205.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Ocean Pines, MDMarylandU.S.
Total Housing Units8,973, 100%2,399,375132,741,033
No Bedroom9, 0.10%, see rank1.33%2.17%
1 Bedroom347, 3.87%, see rank10.34%11.16%
2 Bedrooms1,004, 11.19%, see rank22.38%26.69%
3 Bedrooms5,601, 62.42%, see rank37.63%39.70%
4 Bedrooms1,567, 17.46%, see rank21.12%16.05%
5 or More Bedrooms445, 4.96%, see rank7.20%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Ocean Pines, MDMarylandU.S.
Total Housing Units4,693, 100%2,155,983116,211,092
Utility Gas1,666, 35.50%, see rank44.54%48.85%
Bottled, Tank, or LP Gas336, 7.16%, see rank3.17%4.86%
Electricity2,541, 54.14%, see rank39.67%36.68%
Fuel Oil, Kerosene, etc.72, 1.53%, see rank10.31%5.86%
Coal or Coke0, 0.00%, see rank0.11%0.12%
Wood58, 1.24%, see rank1.37%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel8, 0.17%, see rank0.45%0.47%
No Fuel Used12, 0.26%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOcean Pines, MDMarylandU.S.
Occupied Units Paying Rent446, 100%682,56639,201,928
$199 or Less0, 0.00%, see rank1.63%1.50%
$200 to $2990, 0.00%, see rank2.77%3.18%
$300 to $49914, 3.14%, see rank3.76%7.37%
$500 to $6990, 0.00%, see rank5.52%16.01%
$700 to $99921, 4.71%, see rank18.21%29.17%
$1,000 to $1,499240, 53.81%, see rank37.53%26.88%
$1,500 to $1,999141, 31.61%, see rank19.46%9.79%
$2,000 or More30, 6.73%, see rank11.13%6.10%
Median$1,411, see rank$1,218$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Ocean Pines, MDMarylandU.S.
Occupied Housing Units4,693, 100%2,155,983116,211,092
No Vehicles Available131, 2.79%, see rank9.39%9.12%
1 Vehicles Available1,533, 32.67%, see rank32.90%33.80%
2 Vehicles Available2,285, 48.69%, see rank36.77%37.48%
3 or More Vehicles Available744, 15.85%, see rank20.95%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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