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#7 Best City to Live in Maryland - Ocean City

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Real Estate Agent with Coldwell Banker Realty MD RE License 579412

#7 Best City to Live in Maryland - Ocean City

This is the final installment in the list of the top 7 cities to live in Maryland that was published by The World Atlas. The list, in no way, reflects the views of the author. I think we all have opinions as to what the best cities are and also what should constitute a best city.  So, the number 7 best city to live in Maryland is Ocean City. 

Ocean City only has 6,800 full-time residents, but during the summer it hosts between 320,000 - 345,000 people each weekend and up to 8 million visitors annually. Ocean City has always been a destination, somewhere you take the family for a week during the summer, a destination for students graduating from high school (a right of passage, as it were). Ocean City attracts many people to its vast array of entertainment options, including restaurants, shops, amusement parks, and nightlife venues. Some icons of Ocean City are Fractured Prune Donuts, Thrasher's French Fries, Ocean City Life Saving Museum, Riipley's Believe it or Not, and Trimper's Rides and Amusements. 

The real estate market in Ocean City tends to be much more seasonal than in other parts of the state. Many investors invest in the condo market in Ocean City and rent it during the peak seasons and when it isn't booked they will go and enjoy Ocean City themselves.  Most of the rental income is derived between May and October and units are often vacant during the winter months.

  # Low Median Average High
Coming Soon 12 $45,000 $378,500 $444,983 $979,900
Active 360 $1,200 $469,950 $650,835 $11,000,000
Active Under Contract 94 $3,200 $445,450 $506,743 $1,650,000
Pending 59 $48,500 $449,995 $503,575 $$1,050,000
Closed 1174 $1,200 $425,000 $495,137 $4,475,000

And, in case you missed my earlier posts:

#1 Best City to Live in Maryland - Bethesda 

#2 Best City to Live in Maryland - Annapolis

#3 Best City to Live in Maryland - Frederick

#4 Best City to Live in Maryland - Ellicott City

#5 Best City to Live in Maryland - Towson

#6 Best City to Live in Maryland - Rockville

 

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Creating generational wealth, one home at a time. If you are thinking of buying a home,  did you know I can help you find a home for as little as $1000 of your own money?  Thinking about selling a home in  Maryland give me a call at 410-292-0100 or start your search here and I'll talk about the market conditions and what your home could be worth in today's marketplace if you are thinking of selling.  If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone are worth the plunge into today's market. Coldwell Banker and I are connected with some of the world's brightest and best real estate agents and can assist with your move here to Maryland or anywhere in the United States or abroad.  Ask me how.

During these trying times, Coldwell Banker and I are equipped with the latest technology to sell your home using Virtual Open Houses, Virtual showings, electronic signing, virtual inspection, and even online closings.   You can contact me through Snapchat, Duo, Skype, Google Chat, WhatsApp, text messaging, or simply by phone.  We take your and your family's health and safety very seriously.  

June Piper-Brandon ~ Associate Broker ~ MRP, AHWD, CDPE, ePro

Coldwell Banker

410-292-0100 - Direct   410-461-7600 Office

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

Comments(7)

Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Ocean City is a very special place. I look at that area as a miniature Myrtle Beach with the golf courses yet so many fine restaurants.

Apr 07, 2024 05:37 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

You forgot to add that the Maryland Crabcakes are another reason why it is in #7:)Endre

Apr 07, 2024 09:27 PM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning June. The best place too live is the choice you make that is best for you. And Ocean City checks all the boxes for many. Enjoy your day.

Apr 08, 2024 04:13 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You have done such a great job with this series and I have learned quite a bit about different cities in your area!

Apr 08, 2024 05:51 AM
Roy Kelley
Retired - Gaithersburg, MD

This is good information to share with families considering a move to the area.

Have a productive week.

Apr 08, 2024 08:50 AM
June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

Endre Barath, Jr. except the best Maryland Crabcakes aren't from Ocean City, G & M has the best crabcakes and they are in Linthicum near where I live, so if you are ever in Maryland we'll have lunch there.

Apr 08, 2024 09:47 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

That is good news for Ocean City MD!  

Apr 08, 2024 01:38 PM