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RIO GRANDE, NJ 08242

Real Estate Market Report  ·  Cape May County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
31
⇧ 181.8% vs 11 last year
Pending
11
35% pending ratio
Median Price
$473,990
⇧ 3% vs $459,975 last year
Average Price
$480,987
⇩ 12.3% vs $548,309 last year
Days on Market
108
⇧ 6.9% vs 101 days last year

Market Context

Population: 3,726  ·  Density: 302.2/mi²  ·  Median household income: $88,853

Typical home value: $316,397  ·  Homeownership: 73.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RIO GRANDE, NJ real estate market (08242) currently shows 31 active listings, with 11 pending sales. Homes are averaging 108 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 108 days on market compared to 101 days last year.

The median listing price has risen 3% year-over-year, from $459,975 to $473,990.

Whether you are buying or selling in RIO GRANDE, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 11 last year
  • Days on market: 108 now vs 101 last year

Median & Average Pricing

Year over Year
  • Median: $473,990 (+3% YoY)
  • Average: $480,987 (-12.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.0 miles — 583 listings ($988,956,868 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08242Rio Grande, NJ 082420.0 mi31$14,910,597$473,990$480,987
08251Villas, NJ 082512.2 mi66$32,692,836$424,900$495,346
08204Cape May, NJ 082043.7 mi102$135,220,584$834,450$1,325,692
08212Cape May Point, NJ 082127.0 mi7$15,105,419$2,095,000$2,157,917
08202Avalon, NJ 082029.2 mi61$212,464,403$3,399,000$3,483,023
08246South Seaville, NJ 0824613.0 mi1$225,000$225,000$225,000
08314Delmont, NJ 0831414.1 mi1$459,000$459,000$459,000
08230Ocean View, NJ 0823016.2 mi28$16,193,324$549,000$578,333
08248Strathmere, NJ 0824817.1 mi6$14,086,998$2,467,000$2,347,833
08316Dorchester, NJ 0831618.3 mi3$403,500$134,500$134,500
08329Mauricetown, NJ 0832919.5 mi3$465,000$155,000$155,000
08315Dividing Creek, NJ 0831521.0 mi1$250,000$250,000$250,000
08226Ocean City, NJ 0822623.0 mi273$546,480,207$1,350,000$2,001,759

Frequently Asked Questions

How many homes are for sale in RIO GRANDE, NJ 08242?

As of January 2026, there are 31 active listings in RIO GRANDE, NJ (zip code 08242), compared to 11 the prior year.

What is the median home price in RIO GRANDE, NJ 08242?

The median listing price in RIO GRANDE, NJ 08242 is $473,990 as of January 2026, a 3% increase from $459,975 the prior year.

How long do homes stay on the market in RIO GRANDE, NJ?

Homes in RIO GRANDE, NJ 08242 spend an average of 108 days on the market before going under contract, compared to 101 days the prior year.

Is it a seller's or buyer's market in RIO GRANDE, NJ 08242?

Based on current inventory and days-on-market data as of January 2026, RIO GRANDE, NJ 08242 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 108 days on market compared to 101 days last year.

How much can I save on real estate commission in RIO GRANDE, NJ?

With SELL123.com's maximum 3% commission, sellers in RIO GRANDE, NJ 08242 save an estimated $9,480 compared to a typical 5% commission on the median listing price of $473,990. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.