Median price for residential apartments in Ocean City, WA as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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9 Ocean City, WA, USA apartments for sale
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Ocean City
According to statistics, the population in Ocean City, WA amounts to 168, which shows decline -10% compared to the previous year. The median age of the city’s residents is 60. The average household income is $28,903, shifting n/a% from the past year, and the average property value in Ocean City, WA n/a% to $176,300 throughout the year.
| Population | 168 |
| Median Age | 59.7 |
| Poverty Rate | 10% |
| Household Income | $28,903 |
| Number Of Employees | 112 |
| Median Property Value | $176,300 |
Household Income
The average household income in Ocean City, WA grew from $n/a to $28,903 in the past year. This data is an estimate based upon 125 households in Ocean City, WA . The chart below presents how household income is distributed in Ocean City, WA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Ocean City, WA shifted from $n/a to $176,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Ocean City, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Ocean City, WA properties falls in the '$20,000 to $24,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ocean City, WA compared to median property taxes around the country. The prevalent amount of property taxes in Ocean City, WA equals $1750, which is less than the national average.
Housing Trends
How much does an apartment cost in Ocean City, WA, USA
Average apartment sale in Ocean City: $596,429 (+5.6%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| 3-bed apartments | $575,000 | -7.6% |
| 4+ bed apartments | $725,000 | N/A |
During Jan 2023, the average price for an apartment in/near Ocean City, WA increased by 5.6% to $596,429.
The average price of the land for sale in Ocean City, WA has not changed significantly since last month, being $219,000. A 3-bed apartment goes for $575,000, it decreased by 7.6% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $725,000 for a big-family home.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $596,429 | -4.2% |
Price reports demonstrate that house price decreased by 4.2% this month making it up to $596,429. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $219,000.
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