Margate City, NJ
Housing market overview · Updated weekly
$1.35Mmedian sale price
Homes sold
5
Last 12 weeks
Days on market
62
Average pace
Active listings
89
17.8 months supply
Sale-to-list
94.6%
Below asking
The Margate City housing market is currently classified as a buyer's market with a median sale price of $1.35M. Prices have risen 14.2% compared to last year, with homes spending an average of 62 days on market, indicating 17.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Margate City
There are currently 89 homes listed for sale in Margate City, New Jersey. The median listing price is $1.3M.
Active listings
89
Homes on market
Median list price
$1.3M
Avg. days on market
62
Days until sale
New this week
23
Newly listed
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Frequently asked questions
What is the average home price in Margate City?
The median home sale price in Margate City is $1.35M, up 14.2% from last year.
How long do homes stay on market in Margate City?
Homes typically spend 62 days on market before going under contract.
Is Margate City a buyer's or seller's market?
With 17.8 months of supply, Margate City is currently a buyer's market.
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