Active Listings
122
⇧ 3.4% vs 118 last year
Buyer's Market
June 2026 · Source: Realtor.com
Market Analysis
Data as of June 2026. Source: Realtor.com.
The MARGATE CITY, NJ real estate market (08402) currently shows 122 active listings, with 37 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 65 days on market compared to 52 days last year.
The median listing price has fallen 18.3% year-over-year, from $1,599,000 to $1,307,000.
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
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Market Context
Market Context
Population: 5,331 · Density: 1,456.6/mi² · Median household income: $112,661
Typical home value: $570,941 · Homeownership: 89.7%
Market Overview
Pending
37
30% pending ratio
Median Price
$1,307,000
⇩ 18.3% vs $1,599,000 last year
Average Price
$1,942,047
⇩ 3.6% vs $2,013,556 last year
Days on Market
65
⇧ 25% vs 52 days last year
Price Per Square Foot
Median $/sqft
$855
⇧ 6.1% vs $806/sqft last year
Median Home Size
809 sqft
Typical listing size
12-Month $/sqft Trend
Market Trends
Inventory & Days on Market
Year over Year
- Listings: 122 this year vs 118 last year
- Days on market: 65 now vs 52 last year
Median & Average Pricing
Year over Year
- Median: $1,307,000 (-18.3% YoY)
- Average: $1,942,047 (-3.6% 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 17.8 miles —
1,219 listings
($1,500,881,262 combined market value)
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 08402 | Margate City, NJ 08402 | 0.0 mi | 102 | $202,206,432 | $1,535,000 | $1,982,416 |
| 08403 | Longport, NJ 08403 | 1.7 mi | 22 | $68,764,344 | $2,035,500 | $3,125,652 |
| 08221 | Linwood, NJ 08221 | 3.2 mi | 55 | $38,324,275 | $664,945 | $696,805 |
| 08401 | Atlantic City, NJ 08401 | 4.5 mi | 330 | $211,402,620 | $215,198 | $640,614 |
| 08244 | Somers Point, NJ 08244 | 5.0 mi | 71 | $46,856,379 | $556,175 | $659,949 |
| 08226 | Ocean City, NJ 08226 | 6.7 mi | 314 | $642,913,116 | $1,374,975 | $2,047,494 |
| 08203 | Brigantine, NJ 08203 | 8.8 mi | 93 | $79,669,194 | $612,450 | $856,658 |
| 08205 | Absecon, NJ 08205 | 10.3 mi | 138 | $53,444,778 | $344,950 | $387,281 |
| 08248 | Strathmere, NJ 08248 | 12.5 mi | 6 | $13,213,500 | $2,110,000 | $2,202,250 |
| 08241 | Port Republic, NJ 08241 | 14.0 mi | 5 | $2,149,500 | $429,900 | $429,900 |
| 08243 | Sea Isle City, NJ 08243 | 16.0 mi | 64 | $129,575,616 | $2,147,500 | $2,024,619 |
| 08270 | Woodbine, NJ 08270 | 16.8 mi | 16 | $11,221,808 | $429,250 | $701,363 |
| 08317 | Dorothy, NJ 08317 | 17.8 mi | 3 | $1,139,700 | $379,900 | $379,900 |
Frequently Asked Questions
How many homes are for sale in MARGATE CITY, NJ 08402?
As of June 2026, there are 122 active listings in MARGATE CITY, NJ (zip code 08402), compared to 118 the prior year.
What is the median home price in MARGATE CITY, NJ 08402?
The median listing price in MARGATE CITY, NJ 08402 is $1,307,000 as of June 2026, a 18.3% decrease from $1,599,000 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 65 days on the market before going under contract, compared to 52 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 June 2026, MARGATE CITY, NJ 08402 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 52 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 $26,140 compared to a typical 5% commission on the median listing price of $1,307,000. 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.