Ocean City, FL Real Estate
According to census data in the year 2000 there were 2,678 housing units in Ocean City.
This represents a 6.7% growth from 2,511 in 1990.
Of those housing units, 2,678 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ocean City is about 58.3%.
Ocean City's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Ocean City were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 10.50% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $83,400 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $488 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 47.40% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
