How Much Less Does a Home Cost to Own This Fall? Let’s Do the Math

When people ask, “Is it really more affordable to buy right now?” — the answer is yes.

Here’s what’s changed since last fall:

2023 | $450,000 | 7.5% | ≈ $2,450
2025 | $435,000 | 6.3% | ≈ $2,120

That’s about $330 less per month, or $4,000 a year in savings.
Over the life of the loan, that’s tens of thousands of dollars — money that can go toward upgrades, furnishings, or just peace of mind.

Pair that with slightly softer prices and more homes on the market, and affordability in Ocean City has improved in a real, measurable way.

👉 My Advice:
If rates or competition held you back last year, now’s the time to take another look.
Let’s re-run your numbers and find out what you can comfortably afford in today’s market.

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