Ocean Grove, MA Real Estate

According to census data in the year 2000 there were 1,386 housing units in Ocean Grove. This represents a 7.1% growth from 1,294 in 1990.

Of those housing units, 1,386 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ocean Grove is about 79.2%. Ocean Grove's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Ocean Grove were built after 1949.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom14%
Two Bedrooms41.10%
Three Bedrooms35.30%
Four Bedrooms7.10%
Five Bedrooms or more0.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1948
Median Value of occupied units$118,200
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1951
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage2.80%
Home Equity Loan10.10%
Simple Mortgage52.60%
Debt Free33.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%