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Foreclosure Homes in Ocean Pines, MD

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Ocean Pines, MD Foreclosures

How much do homes sell for in Ocean Pines, MD?
The average home price is currently $459,994.
In Ocean Pines, MD, how many homes are available?
There are currently 4 active home listings available in Ocean Pines.
What’s the average rental cost in Ocean Pines, MD?
The average rental price in Ocean Pines is $1,471.
What is the most expensive home in Ocean Pines?
The most expensive home sold in Ocean Pines had a price of $3,101,153.
What is currently the cheapest priced home in Ocean Pines, MD?
The cheapest home for sale in Ocean Pines is priced at $13,094.

Living in Ocean Pines, MD

Ocean Pines, MD, is a vibrant waterfront community known for its tranquil lifestyle, close proximity to the beach, and excellent amenities. With its picturesque surroundings, it's a perfect place for families and retirees. The area provides ample outdoor activities, making it a desirable destination for nature lovers.

Current Market Conditions in Ocean Pines, MD

The real estate market in Ocean Pines has remained robust, with increasing demand for homes due to its proximity to Ocean City and the serene surroundings. Home prices have seen a steady rise, contributing to a competitive market that showcases a mix of single-family homes, condos, and retirement communities. Many buyers are attracted to the area for its recreational options and family-friendly environment.

Home Value Estimator For Ocean Pines, MD

There are currently 7,660 real estate properties in Ocean Pines, MD, with a median automated valuation model (AVM) price of $397,809.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ocean Pines, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ocean Pines, MD, is $459,994.00, with the most expensive house in Ocean Pines, MD, topping out at $3,101,153.00 and the cheapest home in Ocean Pines, MD, clocking in at $13,094.00. In other words, there’s something for every potential homebuyer or savvy investor in Ocean Pines, MD!

Rent Prices In Ocean Pines, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ocean Pines, MD, is on a rollercoaster ride. The average rent price in Ocean Pines, MD, is $1,471.00. Indeed, when looking to rent in Ocean Pines, MD, you can expect to pay as little as $850.00 or as much as $3,140.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Ocean Pines, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ocean Pines, MD Foreclosures

Market Trend for Ocean Pines, MD

Total Listings Available: 4

Market Values:

Home Prices from $13,094 to $3,101,153

Average Sales Price: $459,994

Rental Values:

Rental from $850 to $3,140

Average Rent Value: $1,471 / month

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