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Margate Market Report

$1,159,133

AVERAGE PRICE OF 165 HOMES

$1,989,637

AVERAGE PRICE OF 69 MULTI-MILLION DOLLAR HOMES

$469,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,699,238

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$562,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,159,133
Avg Bedrooms 3.61 beds
Avg Bathrooms 2.69 baths

Average Price by Bedrooms

1 bedroom $326,593
2 bedrooms $395,158
3 bedrooms $698,305
4 bedrooms $1,023,629
5 bedrooms $2,016,565
Margate Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 172 182 1 181 190
Average Price $1,075,986 $1,043,475 $1,018,786 $1,003,694 $1,001,478
Avg Price Change +3.12% +2.42% +1.50% +0.22% +2.99%
Median Price $832,941 $795,105 $1,018,786 $763,487 $744,379
Med Price Change +4.76% -28.13% +33.44% +2.57% +7.00%
Avg Bedrooms 3.59 beds 3.8 beds 2.96 beds 2.72 beds 3.19 beds
Avg Bathrooms 2.68 baths 2.83 baths 1.68 baths 2.08 baths 2.44 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 165 $1,159,133 141 days
Multi-Million Dollar Homes 69 $1,989,637 116 days
Distressed Homes 1 $469,900 47 days
Newly Built Homes 21 $1,699,238 186 days
Reduced Price Homes 2 $562,000 87 days
JACK AND JILL TEAM
Jack And Jill Zaborowski
903 Bay Ave
Ocean City, NJ 08226
609-602-7140
Jack and Jill at the Shore

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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