The housing market in Ocean Shores continues to see strong price appreciation, with values up 17.2% compared to last year. The median home price of $401,500 represents a substantial 17.2% increase from this time last year. With 5.5 months of supply, Ocean Shores's inventory levels remain relatively tight. Homes are taking about 132 days to sell, which is 35 days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Ocean Shores market with the affordability index at 246.7. Based on current market indicators, home prices in Ocean Shores are projected to decrease by approximately 5.9% over the next month.