OCEAN CITY Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Ocean City averaged 5.79% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 5.76% and one month ago for the week of 2024-01-11, the average rate was 5.88%.

Ocean City's average rate one year ago was 5.34%.

For refis of the same type during the week of 2024-02-15, the average rate was 5.81%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Ocean City 30 Year Fixed Rate 2024-02-15 5.79%
Ocean City 30 Year Fixed Rate Refi 2024-02-15 5.81%
Ocean City 15 Year Fixed Rate 2024-02-15 5.45%
Ocean City 15 Year Fixed Rate Refi 2024-02-15 4.56%
Ocean City 30 Year FHA 2024-02-15 6.14%
Ocean City 30 Year FHA Refi 2024-02-15 6.81%
Ocean City 30 Year USDA 2024-02-15 6.49%
Ocean City 30 Year USDA Refi 2024-02-15 6.89%
Ocean City 30 Year VA 2024-02-15 6.66%
Ocean City 30 Year VA Refi 2024-02-15 6.66%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within OCEAN CITY, NJ.

OCEAN CITY Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the OCEAN CITY, NJ market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Republic Bank 215 3.51% $6,119
CALIBER HOME LOANS, INC. 151 4.79% $6,050
QUICKEN LOANS, LLC 151 4.69% $8,344
OceanFirst Bank 142 4.06% $6,800
Wells Fargo Bank 136 3.99% $6,485
Advisors Mortgage Group, L.L.C. 103 4.82% $5,930
Firstrust Savings Bank 99 4.67% $9,027
Citizens Bank 98 4.31% $9,443
Prosperity Home Mortgage, LLC 86 4.61% $7,699
Valley National Bank 75 3.88% $5,987
CROSSCOUNTRY MORTGAGE, LLC 73 4.59% $7,470
TD Bank 54 4.04% $6,105
UNITED WHOLESALE MORTGAGE, LLC 51 4.92% $9,453
GREENTREE MORTGAGE COMPANY, L.P. 51 5.18% $6,310
DRAPER AND KRAMER MORTGAGE CORP. 48 4.55% $5,832
Columbia Bank 47 4.84% $4,636
GUARANTEED RATE, INC. 47 4.33% $7,152
Bank of America 41 3.82% $9,519
Morgan Stanley Private Bank 35 3.32% $7,321
JPMorgan Chase Bank 33 3.92% $9,052
MOVEMENT MORTGAGE, LLC 31 4.75% $5,566
LOANDEPOT.COM, LLC 30 3.73% $10,199
HOME POINT FINANCIAL CORPORATION 30 4.11% $7,473
FINANCE OF AMERICA MORTGAGE LLC 28 4.61% $11,212
POLICE & FIRE 26 3.27% $1,891
Univest Bank and Trust Co. 25 4.16% $7,652
Wilmington Savings Fund Society, FSB 24 4.43% $7,716
NFM, INC. 23 4.95% $9,613
Huntingdon Valley Bank 23 4.90% $6,932
PNC Bank 23 3.85% $8,509
TRUMARK FINANCIAL CREDIT UNION 21 4.20% $6,338
Presidential Bank, FSB 21 4.89% $6,694
Philadelphia Mortgage Advisors, Inc. 19 3.93% $7,598
EMM LOANS LLC 19 4.72% $10,116
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 18 4.39% $7,185
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 17 5.65% $8,550
NEWREZ LLC 16 4.41% $6,328
SUCCESS MORTGAGE PARTNERS, INC. 14 4.89% $9,113
Mr. Cooper ( Nationstar Mortgage ) 14 4.45% $8,848
Paramount Residential Mortgage Group, Inc. 14 5.71% $7,052
M&T Bank 14 4.13% $7,085
ALLIED MORTGAGE GROUP, INC. 14 4.13% $6,163
Meridian Bank Corporation 13 4.73% $6,204
Charles Schwab Bank, SSB 13 3.14% $6,576
1st Colonial Community Bank 13 4.44% $9,399
Citibank 12 3.41% $12,495
Truist 12 4.51% $5,615
Fulton Bank 11 3.98% $7,078
NVR Mortgage Finance, Inc. 11 3.56% $7,024
Northpointe Bank 11 4.60% $6,347
UNION HOME MORTGAGE CORP. 10 5.46% $6,843
PENNYMAC LOAN SERVICES, LLC 10 5.11% $7,695
UBS Bank USA 10 3.64% $11,560
Raymond James Bank 9 3.26% $7,266
AMERISAVE MORTGAGE CORPORATION 9 3.78% $7,231
FREEDOM MORTGAGE CORPORATION 9 4.38% $5,391
ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 5.19% $8,255
Flagstar Bank, FSB 8 4.49% $6,061
U.S. Bank 8 4.02% $9,744
HOMEBRIDGE FINANCIAL SERVICES, INC. 8 4.96% $6,403
KeyBank 8 4.09% $6,827
NAVY FEDERAL CREDIT UNION 7 4.80% $3,578
Mortgage America, Inc. 7 4.68% $8,359
CARDINAL FINANCIAL 7 4.28% $6,370
MCLEAN MORTGAGE CORPORATION 7 4.54% $9,529
NATION ONE MORTGAGE CORPORATION 6 5.52% $13,050
GREENWAY MORTGAGE FUNDING CORP. 6 4.33% $7,596
BETTER MORTGAGE CORPORATION 6 3.35% $9,340
ANGEL OAK MORTGAGE SOLUTIONS LLC 6 5.69% $14,667
Quaint Oak Mortgage, LLC 6 4.51% $8,853
BNY Mellon 6 3.17% $9,919
PENTAGON FEDERAL CREDIT UNION 6 3.77% $7,776
Hometown Lenders, Inc. 5 5.18% $6,872
GUARANTEED RATE AFFINITY, LLC 5 4.10% $6,041
Gateway First Bank 5 4.90% $7,499
PHILADELPHIA 5 5.80% $6,611
Goldman Sachs Bank USA 5 3.40% $8,715
PHH Mortgage Corporation 5 4.60% $4,715
Ally Bank 5 4.53% $6,749
ABSOLUTE HOME MORTGAGE CORPORATION 5 5.15% $8,221
ROUNDPOINT MORTGAGE SERVICING CORPORATION 5 5.15% $8,075
APEX HOME LOANS, INC. 5 4.58% $8,198
ESSA Bank & Trust 5 4.64% $10,843
NJ LENDERS CORP. 5 4.27% $8,743
MUTUAL OF OMAHA MORTGAGE, INC. 5 4.85% $10,183
CHERRY CREEK MORTGAGE, LLC 5 4.53% $693
CMG MORTGAGE, INC. 4 4.09% $8,550
First Republic Bank 4 3.30% $6,323
Princeton Mortgage Corporation 4 4.84% $8,721
AMERICAN FEDERAL MORTGAGE CORPORATION 4 4.09% $4,359
HOMESIDE FINANCIAL, LLC 4 4.90% $7,984
Investors Bank 4 2.88% $5,867
CITADEL FEDERAL CREDIT UNION 4 3.97% $4,560
LENDSURE MORTGAGE CORP. 4 5.62% $13,937
AmeriHome Mortgage Company, LLC 4 4.12% $6,351
MORTGAGE ACCESS CORP. 4 5.03% $4,514
Stifel Bank and Trust 4 2.84% $5,869
State Financial Network, LLC 4 4.66% $7,172
T2 FINANCIAL LLC 4 4.88% $7,327
City National Bank 3 3.59% $9,987
Kwik Mortgage Corporation 3 3.21% $3,531
Mortgage Network, Inc. 3 4.67% $4,612
AMERICAN HERITAGE FCU 3 4.43% $2,697
PIKE CREEK MORTGAGE SERVICES, INC. 3 5.54% $9,900
BROKER SOLUTIONS, INC. 3 4.87% $6,276
Orrstown Bank 3 4.58% $6,983
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.21% $11,335
GUILD MORTGAGE COMPANY 3 4.83% $5,734
ENVOY MORTGAGE, LTD 3 4.71% $8,887
US MORTGAGE CORPORATION 3 4.00% $6,986
AmRes Corporation 3 5.54% $11,544
Unity Bank 3 5.58% $8,217
Mortgage Research Center, LLC 3 5.75% $9,229
Equity Prime Mortgage LLC 2 4.50% $6,161
EVERETT FINANCIAL, INC. 2 4.44% $5,879
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 4.00% $9,121
Mid Penn Bank 2 5.87% $5,513
Penn Community Bank 2 3.63% $2,905
Financial Freedom Mortgage, LLC 2 7.56% $7,857
Acre Mortgage and Financial Inc 2 4.93% $7,969
MILLENIUM HOME MORTGAGE, LLC 2 5.06% $7,651
Nations Lending Corporation 2 5.75% $9,375
ANGEL OAK HOME LOANS LLC 2 5.69% $18,452
Kearny Bank 2 5.31% $8,262
Lakeland Bank 2 3.69% $12,670
DEVELOPER'S MORTGAGE COMPANY 2 4.75% $4,705
BENCHMARK Federal Credit Union 2 3.56% $10,684
LENOX FINANCIAL MORTGAGE CORPORATION 2 5.31% $10,876
Quontic Bank 2 6.56% $9,615
DEEPHAVEN MORTGAGE LLC 2 6.75% $10,359
Magnolia Bank 2 4.68% $11,255
North American Savings Bank, F.S.B. 2 4.69% $2,008
LADERA LENDING, INC. 1 5.38% $8,044
21ST MORTGAGE CORPORATION 1 8.00% $4,422
ACADEMY MORTGAGE CORPORATION 1 3.63% $6,284
Actors Federal Credit Union 1 3.00% $13,118
ADVANCIAL 1 5.38% $3,734
AFFINITY 1 5.13% $4,687
Alerus Financial 1 4.75% $3,239
AMERICAN ADVISORS GROUP 1 5.88% $15,278
American Broadcast Employees Federal Credit Union 1 5.38% $2,810
AMERICAN FINANCING CORPORATION 1 3.88% $5,298
ARC HOME LLC 1 4.99% $10,566
Axos Bank 1 3.49% $7,203
Bank of England 1 5.63% $3,740
BAY EQUITY LLC 1 5.63% $6,128
Carrington Mortgage Services, LLC 1 5.63% $7,636
Center City Mortgage and Investments LLC 1 5.88% $5,112
CHURCHILL MORTGAGE CORPORATION 1 5.63% $7,549
Citadel Servicing Corporation 1 6.00% $12,662
Commerce Home Mortgage, Inc. 1 5.95% $18,113
CONTOUR MORTGAGE CORPORATION 1 4.38% $10,906
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.88% $6,675
DIRECT MORTGAGE LOANS, LLC 1 4.13% $4,301
Discover Bank 1 3.99% $0
EMBRACE HOME LOANS, INC. 1 4.25% $9,297
Evolve Bank & Trust 1 7.88% $25,431
Farm Credit East, ACA 1 5.20% $43,668
FBC MORTGAGE, LLC 1 4.88% $5,354
FEDERATED LENDING CORPORATION 1 3.00% $11,268
FINANCIAL RESOURCES FEDERAL CREDIT UNION 1 2.88% $4,921
FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.13% $12,207
First Federal Bank 1 5.75% $12,965
First Home Bank 1 3.63% $10,622
First Horizon Bank 1 3.13% $62,153
First National Bank of America 1 7.38% $10,475
First National Bank of Pennsylvania 1 5.13% $4,776
Florida Capital Bank 1 3.88% $26,094
FM Home Loans, LLC 1 3.63% $4,368
FREEDOM CREDIT UNION 1 4.63% $3,327
GSF Mortgage Corporation 1 6.99% $6,748
HOMESPIRE MORTGAGE CORPORATION 1 3.88% $6,341
HOMEXPRESS MORTGAGE CORP. 1 8.63% $3,907
IMPAC MORTGAGE CORP. 1 8.50% $12,802
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 1 5.25% $5,475
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 1 5.13% $5,116
Lakeview Community Capital, LLC 1 3.75% $4,241
LAKEVIEW LOAN SERVICING, LLC 1 4.63% $2,635
LENDING CAPITAL GROUP Inc 1 3.25% $3,503
LIBERTY HOME MORTGAGE CORPORATION 1 5.00% $7,911
Manasquan Bank 1 2.75% $2,533
MERCK SHARP & DOHME FEDERAL CREDIT UNION 1 4.50% $9,096
MICHIGAN MUTUAL, INC. 1 3.38% $5,400
NBKC BANK 1 5.88% $4,741
NETWORK CAPITAL FUNDING CORPORATION 1 4.00% $2,681
Northeast Equitable Mortgage, LLC 1 4.50% $5,238
NUMARK CREDIT UNION 1 6.50% $3,341
OCMBC, INC. 1 3.63% $22,478
ONY GLO, INC. 1 5.63% $4,162
Peoples Security Bank and Trust Company 1 3.29% $2,260
People's United Bank 1 2.88% $8,066
Plains Commerce Bank 1 3.13% $5,836
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.88% $7,593
RAPID MORTGAGE COMPANY 1 3.50% $8,460
RESIDENTIAL BANCORP 1 4.99% $5,381
RESIDENTIAL HOME FUNDING CORP. 1 4.13% $2,742
RESIDENTIAL HOME MORTGAGE CORPORATION 1 3.88% $14,819
Santander Bank, N.A. 1 3.25% $4,023
SECURITYNATIONAL MORTGAGE COMPANY 1 5.99% $20,632
SHARONVIEW FEDERAL CREDIT UNION 1 4.00% $7,444
Silicon Valley Bank 1 4.63% $5,177
SOFI LENDING CORP. 1 2.88% $4,746
SOUTH JERSEY 1 5.50% $3,237
S&T Bank 1 5.88% $12,311
Summit Mortgage Corporation 1 3.38% $5,432
Sun East Federal Credit Union 1 4.00% $2,886
The Huntington National Bank 1 2.85% $13,751
Third Federal Savings and Loan Association of Cleveland 1 3.34% $295
TIDEWATER MORTGAGE SERVICES, INC. 1 3.75% $5,107
TOTAL MORTGAGE SERVICES, LLC 1 5.99% $9,738
TOWER 1 3.25% $5,516
United Nations Federal Credit Union 1 7.38% $6,444
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 5.38% $4,573
USAlliance Federal Credit Union 1 3.50% $7,537
Webster Bank 1 5.38% $6,597
WILLIAM RAVEIS MORTGAGE, LLC 1 7.13% $6,384
Wyndham Capital Mortgage, Inc. 1 5.13% $12,726

OCEAN CITY Average Closing Costs & Other Stats

OCEAN CITY, NJ's 217 lenders originated 5,370 loans during 2022. The total origination value was $2,756,070,000, with an average loan value of $513,235.

OCEAN CITY's average closing costs are $5,666.

The top OCEAN CITY lender as defined by loan originations is Republic Bank, with 215 loans originated. Their average total fees are $6,119, which is $69 higher than the next largest lender, CALIBER HOME LOANS, INC..

The lowest fee OCEAN CITY lenders (with over 10 loans originated) are POLICE & FIRE ($1,891), Columbia Bank ($4,636), MOVEMENT MORTGAGE, LLC ($5,566), Truist ($5,615) and DRAPER AND KRAMER MORTGAGE CORP. ($5,832).

The lowest rate OCEAN CITY lenders (with over 10 loans originated) are Charles Schwab Bank, SSB (3.14%), POLICE & FIRE (3.27%), Morgan Stanley Private Bank (3.32%), Citibank (3.41%) and Republic Bank (3.51%).

OCEAN CITY, NJ Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Republic Bank $183,320,000 $283,080,000 54.4% 10.3%
Citizens Bank $302,925,000 $151,770,000 -49.9% 5.5%
Wells Fargo Bank $328,500,000 $132,580,000 -59.6% 4.8%
OceanFirst Bank $158,025,000 $120,700,000 -23.6% 4.4%
TD Bank $133,495,000 $99,725,000 -25.3% 3.6%
PNC Bank $95,765,000 $83,215,000 -13.1% 3.0%
Valley National Bank $141,770,000 $82,515,000 -41.8% 3.0%
CALIBER HOME LOANS, INC. $152,685,000 $81,400,000 -46.7% 3.0%
Sturdy Savings Bank $65,490,000 $78,670,000 20.1% 2.9%
QUICKEN LOANS, LLC $194,340,000 $69,935,000 -64.0% 2.5%
Crest Savings Bank $65,165,000 $62,230,000 -4.5% 2.3%
Bank of America $123,780,000 $58,690,000 -52.6% 2.1%
Morgan Stanley Private Bank $54,810,000 $54,275,000 -1.0% 2.0%
JPMorgan Chase Bank $63,605,000 $53,425,000 -16.0% 1.9%
Prosperity Home Mortgage, LLC $122,845,000 $53,330,000 -56.6% 1.9%
Wilmington Savings Fund Society, FSB $53,655,000 $49,105,000 -8.5% 1.8%
1st Bank of Sea Isle City $48,275,000 n/a 1.8%
Firstrust Savings Bank $35,200,000 $45,155,000 28.3% 1.6%
Advisors Mortgage Group, L.L.C. $85,605,000 $42,250,000 -50.6% 1.5%
CROSSCOUNTRY MORTGAGE, LLC $85,720,000 $42,205,000 -50.8% 1.5%
Citibank $27,625,000 $33,505,000 21.3% 1.2%
GUARANTEED RATE, INC. $111,505,000 $33,425,000 -70.0% 1.2%
DRAPER AND KRAMER MORTGAGE CORP. $54,500,000 $29,975,000 -45.0% 1.1%
UNITED WHOLESALE MORTGAGE, LLC $89,895,000 $29,645,000 -67.0% 1.1%
Univest Bank and Trust Co. $47,580,000 $26,580,000 -44.1% 1.0%
Columbia Bank $20,005,000 $25,945,000 29.7% 0.9%
1st Colonial Community Bank $25,620,000 $24,855,000 -3.0% 0.9%
UBS Bank USA $20,000,000 $22,040,000 10.2% 0.8%
M&T Bank $41,315,000 $22,005,000 -46.7% 0.8%
LOANDEPOT.COM, LLC $91,345,000 $21,940,000 -76.0% 0.8%
GREENTREE MORTGAGE COMPANY, L.P. $29,440,000 $21,195,000 -28.0% 0.8%
MOVEMENT MORTGAGE, LLC $30,650,000 $19,815,000 -35.4% 0.7%
POLICE & FIRE $67,210,000 $19,230,000 -71.4% 0.7%
Charles Schwab Bank, SSB $30,700,000 $18,285,000 -40.4% 0.7%
Fulton Bank $30,480,000 $17,175,000 -43.7% 0.6%
FINANCE OF AMERICA MORTGAGE LLC $32,695,000 $16,375,000 -49.9% 0.6%
NFM, INC. $45,370,000 $16,175,000 -64.3% 0.6%
Raymond James Bank $12,305,000 $16,125,000 31.0% 0.6%
TRUMARK FINANCIAL CREDIT UNION $19,980,000 $15,740,000 -21.2% 0.6%
BNY Mellon $13,585,000 $15,230,000 12.1% 0.6%
Huntingdon Valley Bank $21,950,000 $14,790,000 -32.6% 0.5%
Truist $12,730,000 $14,045,000 10.3% 0.5%
EMM LOANS LLC $23,485,000 $13,325,000 -43.3% 0.5%
HOME POINT FINANCIAL CORPORATION $43,285,000 $13,115,000 -69.7% 0.5%
ALLIED MORTGAGE GROUP, INC. $30,400,000 $12,205,000 -59.9% 0.4%
Goldman Sachs Bank USA $12,000,000 $11,945,000 -0.5% 0.4%
Newfield National Bank $4,240,000 $11,565,000 172.8% 0.4%
S&T Bank $11,310,000 $11,220,000 -0.8% 0.4%
PENTAGON FEDERAL CREDIT UNION $6,880,000 $10,710,000 55.7% 0.4%
SUCCESS MORTGAGE PARTNERS, INC. $21,670,000 $10,270,000 -52.6% 0.4%
City National Bank $8,055,000 $9,965,000 23.7% 0.4%
Meridian Bank Corporation $20,430,000 $9,810,000 -52.0% 0.4%
Mortgage Research Center, LLC $10,375,000 $9,555,000 -7.9% 0.3%
Philadelphia Mortgage Advisors, Inc. $20,590,000 $9,555,000 -53.6% 0.3%
U.S. Bank $16,850,000 $9,465,000 -43.8% 0.3%
KeyBank $24,395,000 $9,150,000 -62.5% 0.3%
Mid Penn Bank $13,660,000 $8,800,000 -35.6% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $21,805,000 $8,750,000 -59.9% 0.3%
PENNYMAC LOAN SERVICES, LLC $26,375,000 $8,125,000 -69.2% 0.3%
Presidential Bank, FSB $11,310,000 $7,680,000 -32.1% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $20,670,000 $7,665,000 -62.9% 0.3%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $17,785,000 $7,340,000 -58.7% 0.3%
Lakeland Bank $305,000 $7,165,000 2,249.2% 0.3%
NEWREZ LLC $34,815,000 $6,915,000 -80.1% 0.3%
NATIONWIDE EQUITIES CORPORATION $2,280,000 $6,670,000 192.5% 0.2%
First Republic Bank $22,525,000 $6,660,000 -70.4% 0.2%
NATION ONE MORTGAGE CORPORATION $8,385,000 $6,660,000 -20.6% 0.2%
AMERISAVE MORTGAGE CORPORATION $27,955,000 $6,335,000 -77.3% 0.2%
Paramount Residential Mortgage Group, Inc. $4,430,000 $6,285,000 41.9% 0.2%
QNB Bank $5,290,000 $5,955,000 12.6% 0.2%
LENDSURE MORTGAGE CORP. $1,790,000 $5,845,000 226.5% 0.2%
FREEDOM MORTGAGE CORPORATION $30,110,000 $5,660,000 -81.2% 0.2%
Cornerstone Bank $5,510,000 n/a 0.2%
BETTER MORTGAGE CORPORATION $30,280,000 $5,135,000 -83.0% 0.2%
Gateway First Bank $9,255,000 $5,055,000 -45.4% 0.2%
Northpointe Bank $4,030,000 $4,920,000 22.1% 0.2%
NVR Mortgage Finance, Inc. $1,380,000 $4,770,000 245.7% 0.2%
NAVY FEDERAL CREDIT UNION $17,345,000 $4,645,000 -73.2% 0.2%
RF Renovo Management Company, LLC $2,790,000 $4,535,000 62.5% 0.2%
MCLEAN MORTGAGE CORPORATION $385,000 $4,250,000 1,003.9% 0.2%
DEEPHAVEN MORTGAGE LLC $4,220,000 n/a 0.2%
CITADEL FEDERAL CREDIT UNION $16,340,000 $4,180,000 -74.4% 0.2%
FRANKLIN MINT $1,550,000 $4,175,000 169.4% 0.2%
UNION HOME MORTGAGE CORP. $5,305,000 $4,140,000 -22.0% 0.2%
Investors Bank $11,400,000 $4,065,000 -64.3% 0.1%
Stifel Bank and Trust $7,970,000 $4,020,000 -49.6% 0.1%
Mortgage America, Inc. $15,090,000 $3,945,000 -73.9% 0.1%
AMERICAN HERITAGE FCU $9,820,000 $3,925,000 -60.0% 0.1%
Orrstown Bank $2,115,000 $3,905,000 84.6% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $18,555,000 $3,850,000 -79.3% 0.1%
ESSA Bank & Trust $2,775,000 $3,725,000 34.2% 0.1%
FINANCE OF AMERICA REVERSE LLC $705,000 $3,530,000 400.7% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $4,945,000 $3,520,000 -28.8% 0.1%
LAKEVIEW LOAN SERVICING, LLC $13,820,000 $3,395,000 -75.4% 0.1%
Kearny Bank $4,815,000 $3,340,000 -30.6% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $5,230,000 $3,330,000 -36.3% 0.1%
PHILADELPHIA $9,730,000 $3,310,000 -66.0% 0.1%
Franklin Bank $4,190,000 $3,295,000 -21.4% 0.1%
Flagstar Bank, FSB $7,345,000 $3,130,000 -57.4% 0.1%
T2 FINANCIAL LLC $3,100,000 n/a 0.1%
TEMPLE VIEW CAPITAL FUNDING, LP $630,000 $3,075,000 388.1% 0.1%
Ardent Federal Credit Union $2,040,000 $3,050,000 49.5% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,945,000 $3,020,000 2.5% 0.1%
Quaint Oak Mortgage, LLC $5,070,000 $2,940,000 -42.0% 0.1%
LONGBRIDGE FINANCIAL, LLC $535,000 $2,820,000 427.1% 0.1%
Citizens & Northern Bank $1,705,000 $2,805,000 64.5% 0.1%
GUARANTEED RATE AFFINITY, LLC $7,315,000 $2,805,000 -61.7% 0.1%
Ally Bank $7,030,000 $2,640,000 -62.4% 0.1%
REVERSE MORTGAGE FUNDING LLC $4,320,000 $2,560,000 -40.7% 0.1%
PIKE CREEK MORTGAGE SERVICES, INC. $2,775,000 $2,535,000 -8.6% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $8,940,000 $2,450,000 -72.6% 0.1%
LENDINGHOME FUNDING CORPORATION $750,000 $2,395,000 219.3% 0.1%
AmRes Corporation $8,255,000 $2,390,000 -71.0% 0.1%
Penn Community Bank $4,960,000 $2,365,000 -52.3% 0.1%
BHCU $6,960,000 $2,300,000 -67.0% 0.1%
BROKER SOLUTIONS, INC. $12,135,000 $2,280,000 -81.2% 0.1%
Logan Finance Corporation $2,260,000 n/a 0.1%
NJ LENDERS CORP. $9,495,000 $2,205,000 -76.8% 0.1%
TOWER $3,160,000 $2,110,000 -33.2% 0.1%
ENVOY MORTGAGE, LTD $6,390,000 $2,105,000 -67.1% 0.1%
GUILD MORTGAGE COMPANY $1,150,000 $2,100,000 82.6% 0.1%
The Victory Bank $7,460,000 $2,080,000 -72.1% 0.1%
Hometown Lenders, Inc. $3,280,000 $2,055,000 -37.3% 0.1%
JERSEY SHORE FEDERAL CREDIT UNION $1,540,000 $2,050,000 33.1% 0.1%
Princeton Mortgage Corporation $5,430,000 $2,045,000 -62.3% 0.1%
ABSOLUTE HOME MORTGAGE CORPORATION $4,125,000 $2,015,000 -51.2% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $5,040,000 $2,015,000 -60.0% 0.1%
AmeriHome Mortgage Company, LLC $1,495,000 $2,005,000 34.1% 0.1%
First Horizon Bank $2,005,000 n/a 0.1%
Hyperion Bank $1,980,000 n/a 0.1%
First Resource Bank $5,910,000 $1,975,000 -66.6% 0.1%
PHH Mortgage Corporation $2,375,000 $1,940,000 -18.3% 0.1%
State Financial Network, LLC $4,095,000 $1,925,000 -53.0% 0.1%
Citadel Servicing Corporation $530,000 $1,920,000 262.3% 0.1%
Centric Bank $3,985,000 $1,905,000 -52.2% 0.1%
BENCHMARK Federal Credit Union $465,000 $1,885,000 305.4% 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $1,505,000 $1,880,000 24.9% 0.1%
AMERICAN ADVISORS GROUP $3,295,000 $1,875,000 -43.1% 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $3,740,000 $1,820,000 -51.3% 0.1%
The Huntington National Bank $2,235,000 $1,775,000 -20.6% 0.1%
NEW DAY FINANCIAL, LLC $3,685,000 $1,750,000 -52.5% 0.1%
HOMESIDE FINANCIAL, LLC $4,195,000 $1,730,000 -58.8% 0.1%
Carrington Mortgage Services, LLC $6,145,000 $1,690,000 -72.5% 0.1%
CHERRY CREEK MORTGAGE, LLC $3,035,000 $1,685,000 -44.5% 0.1%
GREENWAY MORTGAGE FUNDING CORP. $2,410,000 $1,620,000 -32.8% 0.1%
Equity Prime Mortgage LLC $4,040,000 $1,610,000 -60.1% 0.1%
Webster Bank $605,000 $1,610,000 166.1% 0.1%
CMG MORTGAGE, INC. $2,760,000 $1,605,000 -41.8% 0.1%
N R L Federal Credit Union $1,545,000 n/a 0.1%
APEX HOME LOANS, INC. $1,260,000 $1,535,000 21.8% 0.1%
US MORTGAGE CORPORATION $3,105,000 $1,505,000 -51.5% 0.1%
ANGEL OAK HOME LOANS LLC $1,570,000 $1,500,000 -4.5% 0.1%
Farm Credit East, ACA $755,000 $1,455,000 92.7% 0.1%
PINNACLE MORTGAGE, INC. $2,640,000 $1,395,000 -47.2% 0.1%
FEDERATED LENDING CORPORATION $3,345,000 $1,385,000 -58.6% 0.1%
Third Federal Savings and Loan Association of Cleveland $580,000 $1,375,000 137.1% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $5,000,000 $1,330,000 -73.4% 0.0%
Florida Capital Bank $1,315,000 n/a 0.0%
Quontic Bank $2,670,000 $1,265,000 -52.6% 0.0%
AFFINITY $3,085,000 $1,255,000 -59.3% 0.0%
Kwik Mortgage Corporation $1,645,000 $1,245,000 -24.3% 0.0%
Unity Bank $725,000 $1,225,000 69.0% 0.0%
Prosper Bank $1,215,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $1,210,000 n/a 0.0%
Peoples Security Bank and Trust Company $4,540,000 $1,205,000 -73.5% 0.0%
First Bank $560,000 $1,170,000 108.9% 0.0%
Actors Federal Credit Union $1,165,000 n/a 0.0%
SOUTH JERSEY $1,295,000 $1,155,000 -10.8% 0.0%
AMERICAN HERITAGE LENDING, INC. $1,125,000 n/a 0.0%
SPRING EQ, LLC $965,000 $1,125,000 16.6% 0.0%
MORTGAGE ACCESS CORP. $2,780,000 $1,110,000 -60.1% 0.0%
Peapack-Gladstone Bank $4,190,000 $1,105,000 -73.6% 0.0%
USAA Federal Savings Bank $1,795,000 $1,105,000 -38.4% 0.0%
1st Summit Bank $1,095,000 n/a 0.0%
Nations Lending Corporation $2,205,000 $1,095,000 -50.3% 0.0%
ALL REVERSE MORTGAGE, INC. $535,000 $1,090,000 103.7% 0.0%
MILLENIUM HOME MORTGAGE, LLC $945,000 $1,090,000 15.3% 0.0%
Commerce Home Mortgage, Inc. $1,075,000 n/a 0.0%
FINANCIAL RESOURCES FEDERAL CREDIT UNION $225,000 $1,055,000 368.9% 0.0%
MERCK SHARP & DOHME FEDERAL CREDIT UNION $1,055,000 n/a 0.0%
Dollar Bank, Federal Savings Bank $1,005,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $7,120,000 $1,005,000 -85.9% 0.0%
The Gratz Bank $845,000 $1,005,000 18.9% 0.0%
KS StateBank $1,405,000 $975,000 -30.6% 0.0%
SHARONVIEW FEDERAL CREDIT UNION $965,000 n/a 0.0%
LENDINGONE, LLC $185,000 $960,000 418.9% 0.0%
USAlliance Federal Credit Union $735,000 $955,000 29.9% 0.0%
Mortgage Network, Inc. $785,000 $945,000 20.4% 0.0%
ATHAS CAPITAL GROUP, INC. $435,000 $935,000 114.9% 0.0%
Magyar Bank $935,000 n/a 0.0%
Silicon Valley Bank $935,000 n/a 0.0%
EVERETT FINANCIAL, INC. $920,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $2,275,000 $920,000 -59.6% 0.0%
First Home Bank $2,280,000 $855,000 -62.5% 0.0%
CIVIC FINANCIAL SERVICES, LLC $1,280,000 $835,000 -34.8% 0.0%
ARC HOME LLC $2,575,000 $830,000 -67.8% 0.0%
MLD MORTGAGE INC. $2,715,000 $815,000 -70.0% 0.0%
DEVELOPER'S MORTGAGE COMPANY $1,120,000 $810,000 -27.7% 0.0%
United Nations Federal Credit Union $2,075,000 $800,000 -61.4% 0.0%
PLANET HOME LENDING, LLC $1,560,000 $795,000 -49.0% 0.0%
NBKC BANK $2,365,000 $790,000 -66.6% 0.0%
Capitol Federal Savings Bank $785,000 n/a 0.0%
Blue Foundry Bank $740,000 n/a 0.0%
HOMESPIRE MORTGAGE CORPORATION $725,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $1,035,000 $720,000 -30.4% 0.0%
Discover Bank $805,000 $710,000 -11.8% 0.0%
Acre Mortgage and Financial Inc $2,125,000 $700,000 -67.1% 0.0%
Magnolia Bank $700,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $1,395,000 $690,000 -50.5% 0.0%
People's United Bank $655,000 $685,000 4.6% 0.0%
TRIAD FINANCIAL SERVICES, INC. $735,000 $675,000 -8.2% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $1,010,000 $665,000 -34.2% 0.0%
ACADEMY MORTGAGE CORPORATION $520,000 $645,000 24.0% 0.0%
Diamond Credit Union $645,000 n/a 0.0%
Evolve Bank & Trust $155,000 $645,000 316.1% 0.0%
Financial Freedom Mortgage, LLC $2,180,000 $645,000 -70.4% 0.0%
RESIDENTIAL HOME FUNDING CORP. $2,410,000 $640,000 -73.4% 0.0%
ADVANCIAL $635,000 n/a 0.0%
RESIDENTIAL HOME MORTGAGE CORPORATION $1,080,000 $625,000 -42.1% 0.0%
WALL STREET MORTGAGE BANKERS, LTD. $615,000 n/a 0.0%
Sun East Federal Credit Union $1,495,000 $600,000 -59.9% 0.0%
Iron Workers Savings Bank $1,775,000 $595,000 -66.5% 0.0%
Northfield Bank $405,000 $585,000 44.4% 0.0%
Santander Bank, N.A. $20,695,000 $565,000 -97.3% 0.0%
First Hope Bank, A National Banking Association $550,000 n/a 0.0%
First National Bank of America $550,000 n/a 0.0%
Center City Mortgage and Investments LLC $1,990,000 $545,000 -72.6% 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $1,725,000 $545,000 -68.4% 0.0%
OCMBC, INC. $545,000 n/a 0.0%
SILVER HILL FUNDING, LLC $495,000 $545,000 10.1% 0.0%
21ST MORTGAGE CORPORATION $530,000 n/a 0.0%
Somerset Savings Bank, SLA $525,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $395,000 $515,000 30.4% 0.0%
BMO Harris Bank $860,000 $505,000 -41.3% 0.0%
First Federal Bank $920,000 $505,000 -45.1% 0.0%
FBC MORTGAGE, LLC $495,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $1,730,000 $495,000 -71.4% 0.0%
WILLIAM RAVEIS MORTGAGE, LLC $495,000 n/a 0.0%
Provident Bank $740,000 $480,000 -35.1% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $185,000 $450,000 143.2% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $445,000 n/a 0.0%
Servion, Inc. $445,000 n/a 0.0%
North American Savings Bank, F.S.B. $1,175,000 $440,000 -62.6% 0.0%
Armed Forces Bank $425,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $155,000 $425,000 174.2% 0.0%
PROPONENT Federal Credit Union $335,000 $425,000 26.9% 0.0%
CONTOUR MORTGAGE CORPORATION $1,220,000 $415,000 -66.0% 0.0%
CREDIT UNION OF NEW JERSEY $315,000 $405,000 28.6% 0.0%
First National Bank of Pennsylvania $3,850,000 $400,000 -89.6% 0.0%
Haddon Savings Bank $1,030,000 $400,000 -61.2% 0.0%
Baxter Credit Union $2,075,000 $385,000 -81.4% 0.0%
Ukrainian Selfreliance Federal Credit Union $2,035,000 $385,000 -81.1% 0.0%
Wyndham Capital Mortgage, Inc. $3,605,000 $385,000 -89.3% 0.0%
East Coast Capital Corp. $580,000 $375,000 -35.3% 0.0%
LENDING CAPITAL GROUP Inc $165,000 $370,000 124.2% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $3,640,000 $370,000 -89.8% 0.0%
Inspire Federal Credit Union $365,000 n/a 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $605,000 $360,000 -40.5% 0.0%
ONY GLO, INC. $360,000 n/a 0.0%
First Citizens Community Bank $355,000 n/a 0.0%
IMPAC MORTGAGE CORP. $800,000 $355,000 -55.6% 0.0%
The Federal Savings Bank $3,900,000 $355,000 -90.9% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $345,000 n/a 0.0%
FM Home Loans, LLC $375,000 $335,000 -10.7% 0.0%
Alerus Financial $325,000 n/a 0.0%
Bank of England $105,000 $315,000 200.0% 0.0%
BAY EQUITY LLC $315,000 n/a 0.0%
ALLIANT CREDIT UNION $475,000 $310,000 -34.7% 0.0%
NUMARK CREDIT UNION $325,000 $310,000 -4.6% 0.0%
QUORUM FEDERAL CREDIT UNION $940,000 $305,000 -67.6% 0.0%
RAPID MORTGAGE COMPANY $305,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,865,000 $295,000 -89.7% 0.0%
ABCO Federal Credit Union $655,000 $285,000 -56.5% 0.0%
First Internet Bank of Indiana $310,000 $285,000 -8.1% 0.0%
GSF Mortgage Corporation $340,000 $285,000 -16.2% 0.0%
LEADERONE FINANCIAL CORPORATION $545,000 $285,000 -47.7% 0.0%
Northeast Equitable Mortgage, LLC $1,120,000 $285,000 -74.6% 0.0%
Community National Bank & Trust $275,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $335,000 $265,000 -20.9% 0.0%
NATIONS DIRECT MORTGAGE, LLC $265,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $235,000 $265,000 12.8% 0.0%
American Airlines Federal Credit Union $255,000 n/a 0.0%
Figure Lending LLC $505,000 $245,000 -51.5% 0.0%
FREEDOM CREDIT UNION $1,900,000 $240,000 -87.4% 0.0%
SOFI LENDING CORP. $1,600,000 $235,000 -85.3% 0.0%
GLENDENNING MORTGAGE CORPORATION $1,050,000 $225,000 -78.6% 0.0%
Manasquan Bank $225,000 n/a 0.0%
Spencer Savings Bank, SLA $955,000 $215,000 -77.5% 0.0%
Parke Bank $3,755,000 $210,000 -94.4% 0.0%
1ST 2ND MORTGAGE COMPANY OF N.J., INC. $205,000 n/a 0.0%
A&D Mortgage LLC $205,000 n/a 0.0%
Lakeview Community Capital, LLC $200,000 n/a 0.0%
ALL IN $195,000 n/a 0.0%
HARTFORD FUNDING, LTD. $195,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $910,000 $195,000 -78.6% 0.0%
TOTAL MORTGAGE SERVICES, LLC $165,000 $195,000 18.2% 0.0%
BayCoast Bank $110,000 $190,000 72.7% 0.0%
Axos Bank $1,325,000 $185,000 -86.0% 0.0%
First Guaranty Mortgage Corporation $6,585,000 $185,000 -97.2% 0.0%
GEORGIA'S OWN $170,000 n/a 0.0%
BNC National Bank $3,540,000 $165,000 -95.3% 0.0%
Hometown Equity Mortgage, LLC $3,345,000 $165,000 -95.1% 0.0%
HOMEXPRESS MORTGAGE CORP. $2,940,000 $165,000 -94.4% 0.0%
LADERA LENDING, INC. $1,830,000 $165,000 -91.0% 0.0%
Summit Mortgage Corporation $1,515,000 $165,000 -89.1% 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $3,065,000 $165,000 -94.6% 0.0%
York Traditions Bank $1,965,000 $165,000 -91.6% 0.0%
Plains Commerce Bank $1,895,000 $155,000 -91.8% 0.0%
RESIDENTIAL BANCORP. $155,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $1,915,000 $145,000 -92.4% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $635,000 $145,000 -77.2% 0.0%
UNIVERSITY CREDIT UNION $135,000 n/a 0.0%
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. $125,000 n/a 0.0%
SUN Federal Credit Union $970,000 $115,000 -88.1% 0.0%
State Department Federal Credit Union $105,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $105,000 n/a 0.0%
American Broadcast Employees Federal Credit Union $75,000 n/a 0.0%
The Fidelity Deposit and Discount Bank $1,075,000 $75,000 -93.0% 0.0%
Centier Bank $75,000 $65,000 -13.3% 0.0%
DIGITAL Federal Credit Union $35,000 $65,000 85.7% 0.0%
PURDUE FEDERAL CREDIT UNION $65,000 n/a 0.0%
AMERICHOICE $55,000 n/a 0.0%
JUSTICE Federal Credit Union $165,000 $55,000 -66.7% 0.0%
The People's Credit Union $55,000 n/a 0.0%
Princeton Federal Credit Union $45,000 n/a 0.0%
The Dime Bank $45,000 n/a 0.0%
UTILITIES EMPLOYEES CREDIT UNION $405,000 $45,000 -88.9% 0.0%
PARSONS Federal Credit Union $35,000 n/a 0.0%
Upper Darby Belltelco Federal Credit Union $35,000 n/a 0.0%

OCEAN CITY's top lender by overall market share is Republic Bank, with 10.3% market share. In second place, with 5.5%, is Citizens Bank, having originated $151,770,000 in loans. In third place, with 4.8%, is Wells Fargo Bank, having originated $132,580,000 in loans. In fourth place, with 4.4%, is OceanFirst Bank, having originated $120,700,000 in loans. In fifth place, with 3.6%, is TD Bank, having originated $99,725,000 in loans.


OCEAN CITY Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - OCEAN CITY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $399,900 (2.8%) $685,995 (11.8%) 0.00 2,142
2018-02-01 $412,225 (3.3%) $699,840 (10.5%) 0.00 2,230
2018-03-01 $415,000 (4.0%) $709,696 (11.1%) 0.00 2,230
2018-04-01 $419,450 (7.6%) $718,298 (11.8%) 0.00 2,209
2018-05-01 $404,500 (3.7%) $711,706 (9.5%) 0.00 2,218
2018-06-01 $410,950 (4.5%) $726,614 (10.1%) 0.00 2,166
2018-07-01 $411,750 (5.6%) $743,637 (11.1%) 0.00 2,130
2018-08-01 $407,500 (7.3%) $753,930 (12.3%) 0.00 2,154
2018-09-01 $414,900 (6.4%) $746,557 (11.8%) 0.00 2,179
2018-10-01 $419,075 (5.1%) $754,485 (11.2%) 0.00 2,184
2018-11-01 $423,700 (6.3%) $749,974 (10.4%) 0.00 2,191
2018-12-01 $425,000 (6.5%) $750,991 (11.1%) 0.00 2,126
2019-01-01 $428,700 (7.2%) $756,643 (10.3%) 0.00 2,047
2019-02-01 $442,675 (7.4%) $767,286 (9.6%) 0.00 2,136
2019-03-01 $440,657 (6.2%) $760,329 (7.1%) 0.00 2,190
2019-04-01 $435,000 (3.7%) $747,498 (4.1%) 0.00 2,216
2019-05-01 $434,375 (7.4%) $739,219 (3.9%) 0.00 2,187
2019-06-01 $449,000 (9.3%) $741,107 (2.0%) 0.00 2,125
2019-07-01 $449,000 (9.1%) $759,867 (2.2%) 0.00 2,050
2019-08-01 $449,000 (10.2%) $766,728 (1.7%) 0.00 2,016
2019-09-01 $449,000 (8.2%) $763,597 (2.3%) 0.00 1,988
2019-10-01 $454,000 (8.3%) $766,251 (1.6%) 0.00 1,965
2019-11-01 $474,900 (12.1%) $781,297 (4.2%) 0.00 1,875
2019-12-01 $474,900 (11.7%) $785,720 (4.6%) 0.00 1,756
2020-01-01 $479,900 (11.9%) $1,030,324 (36.2%) 0.00 1,686
2020-02-01 $485,000 (9.6%) $1,053,104 (37.3%) 0.00 1,698
2020-03-01 $494,500 (12.2%) $823,625 (8.3%) 0.00 1,680
2020-04-01 $499,000 (14.7%) $821,888 (10.0%) 0.00 1,644
2020-05-01 $499,000 (14.9%) $829,298 (12.2%) 0.00 1,570
2020-06-01 $512,500 (14.1%) $911,443 (23.0%) 0.00 1,406
2020-07-01 $499,950 (11.4%) $927,433 (22.1%) 0.00 1,196
2020-08-01 $495,000 (10.2%) $901,556 (17.6%) 0.00 1,115
2020-09-01 $522,400 (16.4%) $891,758 (16.8%) 0.00 1,088
2020-10-01 $529,000 (16.5%) $910,487 (18.8%) 0.00 1,044
2020-11-01 $549,675 (15.8%) $936,107 (19.8%) 0.00 962
2020-12-01 $550,000 (15.8%) $938,135 (19.4%) 0.00 882
2021-01-01 $559,000 (16.5%) $943,976 (-8.4%) 0.00 750
2021-02-01 $594,450 (22.6%) $1,041,580 (-1.1%) 0.00 603
2021-03-01 $649,500 (31.3%) $1,085,199 (31.8%) 0.00 610
2021-04-01 $649,925 (30.3%) $1,166,003 (41.9%) 0.00 654
2021-05-01 $675,000 (35.3%) $1,183,157 (42.7%) 0.00 652
2021-06-01 $659,900 (28.8%) $1,143,585 (25.5%) 0.00 741
2021-07-01 $619,000 (23.8%) $1,083,934 (16.9%) 0.00 768
2021-08-01 $626,995 (26.7%) $1,085,102 (20.4%) 0.00 850
2021-09-01 $599,950 (14.8%) $1,049,207 (17.7%) 0.00 912
2021-10-01 $649,000 (22.7%) $1,078,154 (18.4%) 0.00 887
2021-11-01 $695,000 (26.4%) $1,143,238 (22.1%) 0.00 812
2021-12-01 $677,450 (23.2%) $1,140,091 (21.5%) 0.00 750
2022-01-01 $689,450 (23.3%) $1,190,275 (26.1%) 0.00 614
2022-02-01 $738,000 (24.2%) $1,258,379 (20.8%) 0.00 562
2022-03-01 $767,950 (18.2%) $1,294,309 (19.3%) 0.00 545
2022-04-01 $792,500 (21.9%) $1,373,419 (17.8%) 0.00 576
2022-05-01 $797,450 (18.1%) $1,378,253 (16.5%) 0.00 684
2022-06-01 $773,725 (17.3%) $1,370,663 (19.9%) 0.00 759
2022-07-01 $724,900 (17.1%) $1,301,550 (20.1%) 0.00 863
2022-08-01 $744,525 (18.7%) $1,332,914 (22.8%) 0.00 875
2022-09-01 $793,475 (32.3%) $1,330,062 (26.8%) 0.00 885
2022-10-01 $799,900 (23.3%) $1,342,177 (24.5%) 0.00 914
2022-11-01 $799,900 (15.1%) $1,368,907 (19.7%) 0.00 901
2022-12-01 $822,450 (21.4%) $1,360,138 (19.3%) 0.00 835
2023-01-01 $839,700 (21.8%) $1,423,221 (19.6%) 0.00 768
2023-02-01 $889,500 (20.5%) $1,456,705 (15.8%) 0.00 754
2023-03-01 $899,000 (17.1%) $1,514,079 (17.0%) 0.00 737
2023-04-01 $899,000 (13.4%) $1,520,524 (10.7%) 0.00 714
2023-05-01 $935,750 (17.3%) $1,568,262 (13.8%) 0.00 702
2023-06-01 $962,991 (24.5%) $1,650,580 (20.4%) 0.00 702
2023-07-01 $974,450 (34.4%) $1,683,743 (29.4%) 0.00 711
2023-08-01 $994,000 (33.5%) $1,734,322 (30.1%) 0.00 690
2023-09-01 $950,000 (19.7%) $1,710,854 (28.6%) 0.00 725
2023-10-01 $926,450 (15.8%) $1,607,532 (19.8%) 0.00 784
2023-11-01 $884,112 (10.5%) $1,552,095 (13.4%) 0.00 805
OCEAN CITY's median listing price for 2023-11-01 was $884,112, a difference of $84,212 (10.5%) versus the prior year and $-42,338 versus the prior month.

OCEAN CITY's median listing price comes in at 0% of the national average.

OCEAN CITY's average listing price for 2023-11-01 was $1,552,095, a difference of $183,188 (13.4%) versus the prior year and $-55,437 versus the prior month.

For the 2023-11-01 period, OCEAN CITY had 805 MLS listings, a difference of 21 listings (3%) versus the prior month and -96 listings (-11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - OCEAN CITY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,589 sqft
2018-02-01 0 days 1,591 sqft
2018-03-01 0 days 1,595 sqft
2018-04-01 0 days 1,600 sqft
2018-05-01 0 days 1,592 sqft
2018-06-01 0 days 1,600 sqft
2018-07-01 0 days 1,600 sqft
2018-08-01 0 days 1,600 sqft
2018-09-01 0 days 1,584 sqft
2018-10-01 0 days 1,575 sqft
2018-11-01 0 days 1,571 sqft
2018-12-01 0 days 1,566 sqft
2019-01-01 0 days 1,567 sqft
2019-02-01 0 days 1,550 sqft
2019-03-01 0 days 1,533 sqft
2019-04-01 0 days 1,534 sqft
2019-05-01 0 days 1,535 sqft
2019-06-01 0 days 1,562 sqft
2019-07-01 0 days 1,586 sqft
2019-08-01 0 days 1,596 sqft
2019-09-01 0 days 1,610 sqft
2019-10-01 0 days 1,619 sqft
2019-11-01 0 days 1,640 sqft
2019-12-01 0 days 1,617 sqft
2020-01-01 0 days 1,612 sqft
2020-02-01 0 days 1,633 sqft
2020-03-01 0 days 1,675 sqft
2020-04-01 0 days 1,696 sqft
2020-05-01 0 days 1,718 sqft
2020-06-01 0 days 1,740 sqft
2020-07-01 0 days 1,731 sqft
2020-08-01 0 days 1,682 sqft
2020-09-01 0 days 1,629 sqft
2020-10-01 0 days 1,633 sqft
2020-11-01 0 days 1,636 sqft
2020-12-01 0 days 1,640 sqft
2021-01-01 0 days 1,676 sqft
2021-02-01 0 days 1,692 sqft
2021-03-01 0 days 1,600 sqft
2021-04-01 0 days 1,600 sqft
2021-05-01 0 days 1,758 sqft
2021-06-01 0 days 1,661 sqft
2021-07-01 0 days 1,605 sqft
2021-08-01 0 days 1,606 sqft
2021-09-01 0 days 1,555 sqft
2021-10-01 0 days 1,564 sqft
2021-11-01 0 days 1,600 sqft
2021-12-01 0 days 1,600 sqft
2022-01-01 0 days 1,620 sqft
2022-02-01 0 days 1,661 sqft
2022-03-01 0 days 1,714 sqft
2022-04-01 0 days 1,716 sqft
2022-05-01 0 days 1,802 sqft
2022-06-01 0 days 1,738 sqft
2022-07-01 0 days 1,660 sqft
2022-08-01 0 days 1,653 sqft
2022-09-01 0 days 1,711 sqft
2022-10-01 0 days 1,734 sqft
2022-11-01 0 days 1,705 sqft
2022-12-01 0 days 1,659 sqft
2023-01-01 0 days 1,680 sqft
2023-02-01 0 days 1,702 sqft
2023-03-01 0 days 1,713 sqft
2023-04-01 0 days 1,734 sqft
2023-05-01 0 days 1,763 sqft
2023-06-01 0 days 1,733 sqft
2023-07-01 0 days 1,820 sqft
2023-08-01 0 days 1,822 sqft
2023-09-01 0 days 1,734 sqft
2023-10-01 0 days 1,724 sqft
2023-11-01 0 days 1,669 sqft
OCEAN CITY's median listing age (time on market) for 2023-11-01 was 0 days.

OCEAN CITY's median square footage for active listings during the 2023-11-01 period was 1,669 sqft. One year prior, the average listing was 1,705 sqft.

OCEAN CITY, NJ Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
08202 Ocean City, NJ $1,080 $1,230 $1,620 $2,010 $2,200
08204 Ocean City, NJ $950 $1,090 $1,430 $1,770 $1,940
08210 Ocean City, NJ $1,130 $1,290 $1,700 $2,110 $2,310
08212 Ocean City, NJ $1,320 $1,510 $1,990 $2,470 $2,700
08214 Ocean City, NJ $980 $1,120 $1,470 $1,820 $1,990
08218 Ocean City, NJ $980 $1,120 $1,470 $1,820 $1,990
08219 Ocean City, NJ $980 $1,120 $1,470 $1,820 $1,990
08223 Ocean City, NJ $1,160 $1,330 $1,750 $2,170 $2,370
08226 Ocean City, NJ $1,060 $1,220 $1,600 $1,980 $2,170
08230 Ocean City, NJ $960 $1,100 $1,450 $1,800 $1,970
08242 Ocean City, NJ $920 $1,050 $1,380 $1,710 $1,870
08243 Ocean City, NJ $1,200 $1,370 $1,800 $2,230 $2,440
08245 Ocean City, NJ $980 $1,120 $1,470 $1,820 $1,990
08246 Ocean City, NJ $1,130 $1,290 $1,700 $2,110 $2,310
08247 Ocean City, NJ $1,080 $1,240 $1,630 $2,020 $2,210
08248 Ocean City, NJ $1,140 $1,310 $1,720 $2,130 $2,330
08250 Ocean City, NJ $980 $1,120 $1,470 $1,820 $1,990
08251 Ocean City, NJ $1,040 $1,190 $1,570 $1,950 $2,130
08252 Ocean City, NJ $980 $1,120 $1,470 $1,820 $1,990
08260 Ocean City, NJ $820 $970 $1,240 $1,590 $1,680
08270 Ocean City, NJ $950 $1,090 $1,420 $1,780 $1,950
08314 Ocean City, NJ $970 $1,060 $1,380 $1,820 $2,030

2022 Average & Median Rent Data Statistics
OCEAN CITY, NJ average 1BR rent: $1,185, median: $1,120
OCEAN CITY, NJ average 2BR rent: $1,555, median: $1,470
OCEAN CITY, NJ average 3BR rent: $1,935, median: $1,820

OCEAN CITY, NJ Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,808 $1,740,850,000 $619,961
Cash Out Refi 879 $371,325,000 $422,440
Refi 782 $369,890,000 $473,005
Home Improvement 482 $97,330,000 $201,929
Other 418 $175,860,000 $420,718
NA 1 $815,000 $815,000

Ocean City's most frequently cited loan purpose was Home Purchase, with 2,808 originations. The 2nd most popular reason was Cash Out Refi, with 879 originations.

Interest Rate Frequencies