Call or Text (240) SELL-123
Lancaster Park

MARGATE CITY, NJ 08402

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

Market Overview

Active Listings
95
⇧ 9.2% vs 87 last year
Pending
24
25% pending ratio
Median Price
$1,495,000
⇩ 3.5% vs $1,549,250 last year
Average Price
$1,846,277
⇩ 6.8% vs $1,981,472 last year
Days on Market
80
⇧ 17.6% vs 68 days last year

Market Context

Population: 5,331  ·  Density: 1,456.6/mi²  ·  Median household income: $112,661

Typical home value: $570,941  ·  Homeownership: 89.7%

★ Featured Sponsor Graham Ginn
Graham Ginn — Berger Realty
Whether he's crunching the data or closing the deal, Graham consistently delivers results.
Visit Website →

Market Analysis

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

The MARGATE CITY, NJ real estate market (08402) currently shows 95 active listings, with 24 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 68 days last year.

The median listing price has fallen 3.5% year-over-year, from $1,549,250 to $1,495,000.

Whether you are buying or selling in MARGATE CITY, NJ, Whether he's crunching the data or closing the deal, Graham consistently delivers results. Graham Ginn at Berger Realty is your local expert ready to help. 609-602-4884

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MARGATE CITY, NJ 08402 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 95 this year vs 87 last year
  • Days on market: 80 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $1,495,000 (-3.5% YoY)
  • Average: $1,846,277 (-6.8% 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 18.4 miles — 1,174 listings ($1,234,524,798 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08402Margate City, NJ 084020.0 mi95$175,396,315$1,495,000$1,846,277
08403Longport, NJ 084031.7 mi21$41,814,696$1,799,000$1,991,176
08221Linwood, NJ 082213.2 mi52$37,330,800$774,000$717,900
08401Atlantic City, NJ 084014.5 mi307$93,441,283$229,000$304,369
08244Somers Point, NJ 082445.0 mi70$46,478,670$588,899$663,981
08226Ocean City, NJ 082266.7 mi273$546,480,207$1,350,000$2,001,759
08203Brigantine, NJ 082038.8 mi92$74,464,248$599,000$809,394
08205Absecon, NJ 0820510.3 mi127$50,431,446$350,000$397,098
08248Strathmere, NJ 0824812.5 mi6$14,086,998$2,467,000$2,347,833
08241Port Republic, NJ 0824114.0 mi5$2,933,335$570,000$586,667
08243Sea Isle City, NJ 0824316.0 mi62$117,712,084$1,674,000$1,898,582
08270Woodbine, NJ 0827016.8 mi20$13,531,720$459,500$676,586
08215Egg Harbor City, NJ 0821518.4 mi44$20,422,996$417,925$464,159

Frequently Asked Questions

How many homes are for sale in MARGATE CITY, NJ 08402?

As of January 2026, there are 95 active listings in MARGATE CITY, NJ (zip code 08402), compared to 87 the prior year.

What is the median home price in MARGATE CITY, NJ 08402?

The median listing price in MARGATE CITY, NJ 08402 is $1,495,000 as of January 2026, a 3.5% decrease from $1,549,250 the prior year.

How long do homes stay on the market in MARGATE CITY, NJ?

Homes in MARGATE CITY, NJ 08402 spend an average of 80 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in MARGATE CITY, NJ 08402?

Based on current inventory and days-on-market data as of January 2026, MARGATE CITY, NJ 08402 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 68 days last year.

How much can I save on real estate commission in MARGATE CITY, NJ?

With SELL123.com's maximum 3% commission, sellers in MARGATE CITY, NJ 08402 save an estimated $29,900 compared to a typical 5% commission on the median listing price of $1,495,000. 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.