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Featured local agent — Ocean Gate, NJ
Sarah Mitchell
Compass Real Estate · Ocean Gate, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ocean Gate, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$427,000median sale price
How is the Ocean Gate, NJ housing market right now?
The median home sale price in Ocean Gate, NJ is $427,000, up 31.4% year-over-year. Homes sell in an average of 66 days with 9 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ocean Gate a buyer's or seller's market?
Ocean Gate, NJ is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
66
Average pace
Active listings
9
4.5 months supply
Sale-to-list
97.8%
Below asking
What does the Ocean Gate housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $427,000 |
| Median list price | $479,900 |
| Year-over-year price change | +31.4% |
| Average days on market | 66 days |
| Active inventory | 9 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $449/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 6 |
| Listings with a price cut | 22.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Ocean Gate by property type?
How the Ocean Gate, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $427,000 | $449/sq ft | 2 | 66 days |
Source: Redfin · Updated monthly
The Ocean Gate housing market is currently classified as a leaning buyer's with a median sale price of $427,000. Prices have risen 31.4% compared to last year, with homes spending an average of 66 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.1x provides context for how home values compare to local earning capacity.
Homes for sale in Ocean Gate
There are currently 9 homes listed for sale in Ocean Gate, New Jersey. The median listing price is $480K.
Active listings
9
Homes on market
Median list price
$480K
Avg. days on market
66
Days until sale
New this week
6
Newly listed
Who lives in Ocean Gate?
Population
1,768
Median income
$75,278/yr
Median age
46.8 years
Owner-occupied
80.8%
College grads
33.2%
Avg commute
27.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Ocean Gate?
Zillow home value
$457,621
Price-to-income
6.1x
Source: Zillow Research
What is it like to live in Ocean Gate?
Ocean Gate is a community of approximately 2K residents with a median age of 46.8 years.The median household income is $75,278, which reflects a relatively affluent area with strong earning potential. 33.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ocean Gate offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ocean Gate?
1 schools tracked · 133 students
The largest public schools serving Ocean Gate, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ocean Gate Elementary School
Grades PK-6 · 133 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ocean Gate, NJ?
Want a head-to-head view? Compare Ocean Gate side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ocean Gate?
The median home sale price in Ocean Gate is $427,000, up 31.4% from last year.
How long do homes stay on market in Ocean Gate?
Homes typically spend 66 days on market before going under contract.
What is the median income in Ocean Gate?
The median household income is $75,278 per year.
Is Ocean Gate a buyer's or seller's market?
With 4.5 months of supply, Ocean Gate is currently a leaning buyer's.
What is the Zillow home value estimate for Ocean Gate?
The Zillow Home Value Index (ZHVI) for Ocean Gate is $457,621, representing the typical home value in the area.
How much does a single-family home cost in Ocean Gate?
The median single-family home price in Ocean Gate, NJ is $427,000 (about $449 per square foot).
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