Ocean Pines, MD Real Estate

According to census data in the year 2000 there were 7,117 housing units in Ocean Pines. This represents a 70.1% growth from 4,184 in 1990.

Of those housing units, 7,117 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 Pines is about 87%. Ocean Pines's vacancy rate, including seasonal lodging, is about 35%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Ocean Pines were built after 1991.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom0.80%
Two Bedrooms11.80%
Three Bedrooms72.90%
Four Bedrooms12.30%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1991
Median Value of occupied units$138,800
Median Price asked for vacant units$132,100

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1990
Median Monthly Rent asked for vacant units$725

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan6.90%
Simple Mortgage58.70%
Debt Free30.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%