Maryland's Lower Eastern Shore--A Great Place to Do Business!

Worcester County Economic Development
Community Profile: Housing Value


Worcester County is home to Ocean City, Maryland's most famous resort. From an ocean-view condo to an historic farmhouse--there is something for every lifestyle. Pleasures of small town living can be found in Berlin, Snow Hill and Pocomoke City. Ocean Pines, the county's largest residential community, offers a complement of amenities. Extraordinary waterfront estates, horse farms and deluxe resort homes on golf courses are also available.


Housing Value (1998)

Median Housing Value (1998):
2,000 sq. ft.
$93,768
New Construction Costs (1997)
Brick $65-80/square foot
Frame $55-65/square foot
Building Lots
Typical Size 1/3 to 1/2 acre
Cost $15,000-50,000
Typical Construction
Frame 90%
Brick 10%
Percent of Homes with Basements
5%
Development Indicators (1997)
Residential New Construction: Building Permits
Number

Annual Change
652

(4.1%)
Value

Annual Change
$61.7 million

4.4%
Source: CaritasTM

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Maryland's Lower Eastern Shore--A Great Place to Do Business!