Is Ocean View, DE 19970 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Ocean View is a seller’s market. With about 3.8 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score24/ 100

More competitive than 19% of U.S. ZIP codes, and #44 of 47 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.8Under 4 months = seller’s market
Sold above original list8.9%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$266▲ +4.9% vs. last year

The Ocean View housing market right now

In the three months ending August 31, 2026, 9% of homes in Ocean View, DE 19970 sold above their list price, the typical home went under contract in 76 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 127 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (61 days then) and the median sale price rose 4% to $514,777. Overall, Ocean View is less competitive than a year ago, which gives buyers more room.

Within Sussex County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Ocean View ranks #44 of 47 DE ZIP codes with enough sales (score 24 out of 100).

Nearby, buyers who want less competition could look at Millville 19967 (0% sold over asking), while Delmar 19940 (50% sold over asking) and Harbeson 19951 (36% sold over asking) are even more competitive.

Nearby markets

Bethany Beach 19930Seller’s market $529 /sq ftBridgeville 19933Balanced $201 /sq ftDagsboro 19939Seller’s market $245 /sq ftDelmar 19940Balanced $152 /sq ft Browse all markets →

Where Ocean View is

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Questions about Ocean View real estate

Is Ocean View a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Ocean View, DE 19970 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Ocean View?

The typical home went under contract in 76 days in the latest three months.

Do homes in Ocean View sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Ocean View?

About 0.32% of a home’s value a year in Sussex County, or roughly $1,280 on a $400,000 home.

What is the median home price in Ocean View?

The median sale price was $514,777 in the three months ending August 31, 2026, about $266 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology