Three Markets on One Island
The town's 90 recorded closings split into three products that should never share an average. Houses closed at a median of $3.1M. Townhouses closed at a median of $2.1M. Condominiums and co-ops, most of them in the small buildings along Old Ocean Boulevard, closed at a median of $750K. A buyer can enter this barrier island for the price of a mainland townhouse, which cannot be said of Manalapan or Gulf Stream.
The per-foot ladder runs the same way, and the chart below holds the three rungs. The spread between the entry product and the house market is what gives the town its unusual texture. Retirees, young families and nine-figure neighbors share the same beach.
BeachesMLS recorded closings. Co-ops are grouped with condominiums.
BeachesMLS recorded closings, November 2024 through October 2026.
The Houses, Wet and Dry
Within the 42 house sales, water does the pricing. The 23 closings with ocean, Intracoastal or canal frontage ran a median of $4.6M at $1,179 per square foot. The 19 dry-lot closings ran $2.1M at $813. That is a per-foot premium of about 45 percent, and in dollars the gap more than doubles, because the waterfront houses are also the larger houses.
The dry side deserves more attention than it gets. A barrier island house in the low twos is one of the few remaining entries to this coastline, and the town's inland streets sit minutes from the sand either way. The pattern echoes what we found pricing Gulf Stream next door, where the non-water product carries the entry and the water carries the record.
BeachesMLS recorded closings. Owners are not named.
Where the Record Was Set
The top of the market belongs to North Ocean Boulevard. The window's record is $10.6M for an oceanfront house. Five of the six highest closings landed in 2026, which says the town's ceiling is being tested now rather than remembered. The buyers at this level are trading against far pricier frontage a few minutes north, a comparison our Manalapan report makes concrete.
One line in the record stands out. A townhouse on Old Ocean Boulevard closed at $9.8M in Sep 2026, a price that outsold nearly every house in town. Oceanfront access in a lock-and-leave format found a buyer willing to pay house money for it. That single sale widens what sellers of the town's best non-house product can argue.
The Clock and the Spread
The town clears efficiently for its size. The median closing settled at 94 percent of its final asking price, and the median house waited 76 days for its contract. Condominiums and co-ops moved fastest at 37 days, priced where the buyer pool is deepest.
Today the town shows 48 residences offered for sale at a median asking price of $1.8M, spread across the same three rungs. Set against the pace above, that is months of supply rather than years, and the composition matters more than the count. The entry rungs turn over steadily while the top waits for its one buyer, the same tempo split we map county wide in When Palm Beach County Sells.
Bottom Line
Ocean Ridge trades like three towns stacked on one island. The entry product keeps the market liquid under a million. The houses clear around $3.1M, with water commanding a 45 percent per-foot premium. And 2026 put 5 of the six highest sales on the books, led by an eight-figure oceanfront close. For buyers priced out of the names on either side, the town is not a compromise. It is the same sand with a working ladder to it.
For a buyer weighing the town: buy the rung, not the average. Each product prices on its own record here, and the record for each is on this page.
Figures are BeachesMLS recorded closings in the town of Ocean Ridge from November 2024 through October 2026, the span our feed covers completely. Waterfront means ocean, Intracoastal or canal frontage recorded in the listing. Co-ops are grouped with condominiums. Days on market use the listing board's clock. Segments under five sales are directional, and year-over-year volume is not compared because feed coverage differs across the two years.
BeachesMLS recorded closings and actives via our licensed feed, pulled November 1, 2026.
