Active Listings
106
⇩ 8.6% vs 116 last year
Balanced Market
July 2026 · Source: Realtor.com
Market Analysis
Data as of July 2026. Source: Realtor.com.
The MARGATE CITY, NJ real estate market (08402) currently shows 106 active listings, with 28 pending sales. Homes are averaging 68 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 68 days on market compared to 56 days last year.
The median listing price has fallen 1.1% year-over-year, from $1,636,500 to $1,618,725.
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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
28
26% pending ratio
Median Price
$1,618,725
⇩ 1.1% vs $1,636,500 last year
Average Price
$2,231,373
⇧ 11% vs $2,010,468 last year
Days on Market
68
⇧ 21.4% vs 56 days last year
Price Per Square Foot
Median $/sqft
$930
⇧ 18.8% vs $783/sqft last year
Median Home Size
641 sqft
Typical listing size
12-Month $/sqft Trend
Market Trends
Inventory & Days on Market
Year over Year
- Listings: 106 this year vs 116 last year
- Days on market: 68 now vs 56 last year
Median & Average Pricing
Year over Year
- Median: $1,618,725 (-1.1% YoY)
- Average: $2,231,373 (+11% 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 July 2026, there are 106 active listings in MARGATE CITY, NJ (zip code 08402), compared to 116 the prior year.
What is the median home price in MARGATE CITY, NJ 08402?
The median listing price in MARGATE CITY, NJ 08402 is $1,618,725 as of July 2026, a 1.1% decrease from $1,636,500 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 68 days on the market before going under contract, compared to 56 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 July 2026, MARGATE CITY, NJ 08402 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 68 days on market compared to 56 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 $32,375 compared to a typical 5% commission on the median listing price of $1,618,725. 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.