Active Listings
123
⇩ 3.1% vs 127 last year
Balanced Market
April 2026 · Source: Realtor.com
Market Analysis
Data as of April 2026. Source: Realtor.com.
The MARGATE CITY, NJ real estate market (08402) currently shows 123 active listings, with 27 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 62 days on market compared to 50 days last year.
The median listing price has fallen 13.5% year-over-year, from $1,546,000 to $1,337,000.
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 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
27
22% pending ratio
Median Price
$1,337,000
⇩ 13.5% vs $1,546,000 last year
Average Price
$1,851,701
⇩ 6.8% vs $1,986,817 last year
Days on Market
62
⇧ 24% vs 50 days last year
Price Per Square Foot
Median $/sqft
$892
⇧ 9.6% vs $814/sqft last year
Median Home Size
902 sqft
Typical listing size
12-Month $/sqft Trend
Market Trends
Inventory & Days on Market
Year over Year
- Listings: 123 this year vs 127 last year
- Days on market: 62 now vs 50 last year
Median & Average Pricing
Year over Year
- Median: $1,337,000 (-13.5% YoY)
- Average: $1,851,701 (-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
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 April 2026, there are 123 active listings in MARGATE CITY, NJ (zip code 08402), compared to 127 the prior year.
What is the median home price in MARGATE CITY, NJ 08402?
The median listing price in MARGATE CITY, NJ 08402 is $1,337,000 as of April 2026, a 13.5% decrease from $1,546,000 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 62 days on the market before going under contract, compared to 50 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 April 2026, MARGATE CITY, NJ 08402 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 50 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 $26,740 compared to a typical 5% commission on the median listing price of $1,337,000. 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.