Active Listings
3
— vs 3 last year
STRATHMERE, NJ 08248
Real Estate Market Report · Cape May County
Balanced Market
April 2026 · Source: Realtor.com
Market Analysis
Data as of April 2026. Source: Realtor.com.
The STRATHMERE, NJ real estate market (08248) currently shows 3 active listings, with 2 pending sales. Homes are averaging 181 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 181 days on market compared to 41 days last year.
The median listing price has fallen 16.7% year-over-year, from $2,750,000 to $2,291,000.
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Market Context
Market Context
Population: 121 · Density: 88.7/mi² · Median household income: $102,162
Typical home value: $0 · Homeownership: 100.0%
Market Overview
Pending
2
67% pending ratio
Median Price
$2,291,000
⇩ 16.7% vs $2,750,000 last year
Average Price
$2,288,333
⇩ 53.4% vs $4,915,000 last year
Days on Market
181
⇧ 341.5% vs 41 days last year
Price Per Square Foot
Median $/sqft
$916
⇩ 1.1% vs $926/sqft last year
Median Home Size
2,512 sqft
Typical listing size
12-Month $/sqft Trend
Market Trends
Inventory & Days on Market
Year over Year
- Days on market: 181 now vs 41 last year
Median & Average Pricing
Year over Year
- Median: $2,291,000 (-16.7% YoY)
- Average: $2,288,333 (-53.4% 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
Price Per Sqft
Price Reduced %
Nearby Real Estate Markets
Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets
within 16.8 miles —
900 listings
($1,032,741,687 combined market value)
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 08248 | Strathmere, NJ 08248 | 0.0 mi | 6 | $13,213,500 | $2,110,000 | $2,202,250 |
| 08243 | Sea Isle City, NJ 08243 | 3.5 mi | 64 | $129,575,616 | $2,147,500 | $2,024,619 |
| 08246 | South Seaville, NJ 08246 | 5.7 mi | 2 | $464,900 | $232,450 | $232,450 |
| 08202 | Avalon, NJ 08202 | 8.2 mi | 67 | $224,347,892 | $3,349,000 | $3,348,476 |
| 08244 | Somers Point, NJ 08244 | 9.0 mi | 71 | $46,856,379 | $556,175 | $659,949 |
| 08210 | Cape May Court House, NJ 08210 | 10.0 mi | 67 | $39,106,158 | $537,450 | $583,674 |
| 08221 | Linwood, NJ 08221 | 11.2 mi | 55 | $38,324,275 | $664,945 | $696,805 |
| 08402 | Margate City, NJ 08402 | 12.5 mi | 102 | $202,206,432 | $1,535,000 | $1,982,416 |
| 08234 | Egg Harbor Township, NJ 08234 | 13.4 mi | 164 | $78,515,656 | $452,222 | $478,754 |
| 08319 | Estell Manor, NJ 08319 | 14.4 mi | 3 | $1,050,999 | $389,000 | $350,333 |
| 08252 | Whitesboro, NJ 08252 | 15.3 mi | 1 | $325,000 | $325,000 | $325,000 |
| 08316 | Dorchester, NJ 08316 | 15.6 mi | 2 | $264,000 | $132,000 | $132,000 |
| 08260 | Wildwood, NJ 08260 | 16.8 mi | 296 | $258,490,880 | $644,929 | $873,280 |
Frequently Asked Questions
How many homes are for sale in STRATHMERE, NJ 08248?
As of April 2026, there are 3 active listings in STRATHMERE, NJ (zip code 08248), compared to 3 the prior year.
What is the median home price in STRATHMERE, NJ 08248?
The median listing price in STRATHMERE, NJ 08248 is $2,291,000 as of April 2026, a 16.7% decrease from $2,750,000 the prior year.
How long do homes stay on the market in STRATHMERE, NJ?
Homes in STRATHMERE, NJ 08248 spend an average of 181 days on the market before going under contract, compared to 41 days the prior year.
Is it a seller's or buyer's market in STRATHMERE, NJ 08248?
Based on current inventory and days-on-market data as of April 2026, STRATHMERE, NJ 08248 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 181 days on market compared to 41 days last year.
How much can I save on real estate commission in STRATHMERE, NJ?
With SELL123.com's maximum 3% commission, sellers in STRATHMERE, NJ 08248 save an estimated $45,820 compared to a typical 5% commission on the median listing price of $2,291,000. 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.