Home Value Trail

Ocean Pines, MD micropolitan area: home price history and building permits

Maryland1 county54,459 residents (2025 estimate)

  • FHFA annual index 1985 to 2025
  • Developmental index
  • Release of

The FHFA annual house price index for Ocean Pines, MD increased by 95.3% from 2015 to 2025. From 2020 to 2025, the index increased by 62.4%. From 2024 to 2025, the index increased by 2.6%.

2015

+95.3%

From 2015 to 2025, the FHFA annual all-transactions index for Ocean Pines, MD increased by 95.3%.

From 2015 to 2025, the average change in each year is +6.9%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Ocean Pines, MD+95.3%
Maryland+59.8%
United States+85.0%
Ocean Pines, MD FHFA annual all-transactions index, 100 in 1985
  • Ocean Pines, MD
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span
Index values for each year
FHFA annual all-transactions index for Ocean Pines, MD, 1985 to 2025
YearIndexChange from the year before
2025538.74+2.6%
2024525.21+3.7%
2023506.38+15.2%
2022439.48+16.3%
2021377.87+13.9%
2020331.75+2.9%
2019322.29+6.0%
2018304.11+3.6%
2017293.53+3.8%
2016282.70+2.5%
2015275.91+2.9%
2014268.06−0.3%
2013268.90−0.1%
2012269.08−1.9%
2011274.23−4.4%
2010286.95−10.8%
2009321.73−10.5%
2008359.62−4.8%
2007377.870.0%
2006377.74+11.2%
2005339.60+20.1%
2004282.74+18.5%
2003238.53+11.4%
2002214.06+10.7%
2001193.39+11.0%
2000174.19+11.0%
1999156.88+3.1%
1998152.10+2.2%
1997148.85+2.2%
1996145.71+5.0%
1995138.77+2.2%
1994135.82−0.6%
1993136.580.0%
1992136.64+2.4%
1991133.39+1.5%
1990131.44+2.4%
1989128.37+3.9%
1988123.60+2.6%
1987120.45+7.3%
1986112.26+12.3%
1985100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Ocean Pines, MD. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Ocean Pines, MD and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Ocean Pines, MD+2.6%+62.4%+95.3%+58.6%+209.3%+6.9%
Maryland+2.7%+39.5%+59.8%+45.8%+168.0%+4.8%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

Each row uses FHFA's annual all-transactions index and the same two years.

Drawdowns

A drawdown is a decline of 5% or more of the annual index from a peak.

Drawdowns of the index of Ocean Pines, MD, deepest first
PeakLowDeclineBack at the peak
20072014−29.1%2021

Decade by decade

Change in the index of Ocean Pines, MD in each decade
DecadeChangeUnited StatesBar
1990s1990 to 2000+32.5%+33.9%
2000s2000 to 2010+64.7%+29.7%
2010s2010 to 2020+15.6%+35.5%
2020s so far2020 to 2025+62.4%+47.0%

The index is 100 in the first year with a value for the area (1985 here). The change in a decade is the index at the end of the decade divided by the index at the start. The base year has no effect on it.

Building permits in the area

In the 12 months to August 2026, building permits in the county of the area authorized 211 housing units. That is 3.9 units for each 1,000 residents.

Housing units authorized by month, latest 60 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in the Ocean Pines, MD micropolitan area, by month
MonthAll units1 unit2 or more units
Aug 202616160
Jul 202619172
Jun 202615132
May 202612120
Apr 202614122
Mar 202642393
Feb 202612120
Jan 202613130
Dec 202517170
Nov 202522220
Oct 202517143
Sep 202512120
Aug 202511110
Jul 202515150
Jun 202514140
May 202533330
Apr 202534340
Mar 202525250
Feb 202518180
Jan 202523230
Dec 202422220
Nov 202444386
Oct 202434340
Sep 202428235
Aug 202436315
Jul 202419190
Jun 202425250
May 202424240
Apr 202435350
Mar 202417170
Feb 202431310
Jan 2024504010
Dec 202346388
Nov 2023583325
Oct 2023685216
Sep 202320200
Aug 202332302
Jul 202335350
Jun 202324240
May 20231093772
Apr 202323230
Mar 202345432
Feb 202337289
Jan 202324240
Dec 202223230
Nov 202244386
Oct 202243430
Sep 202217170
Aug 2022392910
Jul 202234259
Jun 202221147
May 202221192
Apr 2022392514
Mar 202242420
Feb 202211110
Jan 202215150
Dec 2021000
Nov 2021000
Oct 2021000
Sep 2021000
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in the Ocean Pines, MD micropolitan area, by year
YearAll units1 unit2 or more units
20252422420
202435433816
2023508376132
202230426044
2021462303159
202026524916
201931623284
201823918950
2017282164118
201623316469
201526622244
201420013466
20131281235
201295950
20111218140
201093930
200912310617
200823018347
200741937940
20061,071587484
20051,121712409
20041,225740485
20031,018742276
20021,148800348
2001854630224
2000810627183
1999720505215
19985315310
19975245240
19966026020
19956156150

The counts are the sums of the county files of the Building Permits Survey for the counties of the area (OMB delineation of July 2023).

Counties of the area

Counties of the Ocean Pines, MD micropolitan area, by name
CountyState1 year10 yearsUnits, 12 months
Worcester CountyMD+2.6%+95.3%211

Agency pages

  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.
  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.

Each link loaded on .

Cite this page

Home Value Trail. Ocean Pines, MD home price history. https://homevaluetrail.com/metro/36180-ocean-pines/. Source: Federal Housing Finance Agency, annual house price index for CBSAs (developmental); US Census Bureau, Building Permits Survey. FHFA release of .

Where the figures come from

Index
FHFA annual house price index for CBSAs, all transactions, 1985 to 2025. Release of March 31, 2026.
Other levels
FHFA annual indexes for the states and the United States, from the same release.
Building permits
US Census Bureau, Building Permits Survey, county files through August 2026, added for the counties of the area.
Counties of the area
OMB delineation of core based statistical areas, July 2023.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

Which years had the largest changes in the index for Ocean Pines, MD?
The largest increase in one year was 20.1%, from 2004 to 2005. The largest decrease in one year was 10.8%, from 2009 to 2010.
How did the index for Ocean Pines, MD change over 20 years?
From 2005 to 2025, the index for Ocean Pines, MD increased by 58.6%. In the same years, the index for Maryland increased by 45.8%. In the same years, the index for the United States increased by 79.1%.
What is the highest value of the index for Ocean Pines, MD?
The index is 100 in 1985, the first year with a value for this area. The highest annual value is 538.74, in 2025.
Which counties are in the Ocean Pines, MD area?
The area has 1 county in the delineation of July 2023. The Census Bureau estimates 54,459 residents for 2025.