Ocean City, Md.: America's Most Affordable Fun City

Ocean City, Md., a resort town about 70 miles south of Dover, Del., that attracts many visitors from Baltimore, Philadelphia, and Wilmington, has long drawn large crowds with its beach, bay, and hundreds of dining and nightlife offerings. A popular destination for young singles and families, the town of 10,246 people swells to about 250,000 during the summer, according to city estimates. Surprisingly, living in the middle of all this action also can be affordable. Homes in the Ocean City area have a median price of $243,600, compared with the state median of $232,500, according to Better Homes & Gardens Real Estate and real estate data provider Onboard Informatics.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.