Home Values

Ocean Pines Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$220,800

  • 0.3% 1-year change
  • None 1-year forecast

The median home value in Ocean Pines Metro is $220,800. Ocean Pines Metro home values have gone up 0.3% over the past year. The median price of homes currently listed in Ocean Pines Metro is $265,000. The median rent price in Ocean Pines Metro is $1,150, which is lower than the Maryland median of $1,579.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Ocean Pines Metro is 6.7%, which is higher than the national value of 6.4%.

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Relative ZHVI
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Ocean Pines Metro Market Overview

Data through Nov 30, 2014
  • $220,800 ZHVI
  • No data 1-yr forecast
  • $265,000 Median listing price
  • No data Median sale price
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Ocean Pines Metro Market Health

Data through Nov 30, 2014
  • 1.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 162 Average days on Zillow (Oct 31, 2014)
  • No data Homes with negative equity (16.9% US Avg)
  • 6.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

8.6 homes Maryland
4.2 homes United States
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Cities in Ocean Pines Metro

Name Median ZHVI
Bishopville $298,000
Ocean City $244,500
Berlin $215,100
Name Median ZHVI
Newark $162,000
Snow Hill $146,000
Pocomoke City $134,000

Listings & Sales

Data through Nov 30, 2014
  • $227 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Ocean Pines Metro Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,501 Ocean Pines Metro
    $1,769 Maryland
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,150 Rent list price
  • No data Rent list price / sq ft
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