Housing in Margate City, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,137,500
Median List Price
$1,200,000
Price Per Sq Ft
$831
Days on Market
131
Active Inventory
72
Months of Supply
7.2
Buyer's market
Zillow Home Value
$1,056,909
ZHVI — January 2026
Zillow Rent Index
$26,250
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.0%
Off Market in 2 Weeks
11.8%
Sale-to-List Ratio
93.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
10
New Listings
19
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$831
Median List $/SF
$682
Margate City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Margate City is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$645,200
Median Rent
$1,368
Total Housing Units
6,940
Vacancy Rate
62.2%
Owner Occupied
89.8%
Renter Occupied
10.3%
Median Property Tax
$7,356
per year
Monthly Cost (w/ Mortgage)
$2,150
Housing Types
The current median sale price in Margate City, NJ is $1,137,500 according to Redfin data. Homes spend a median of 131 days on the market. 10.0% of homes sold above asking price. The market has 7.2 months of supply. The median price per square foot is $831. Zillow's observed rent index is $26,250/month. About 89.8% of housing units are owner-occupied. The median year homes were built is 1967. There are 6,940 total housing units.