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Margate Market Report

$1,080,593

AVERAGE PRICE OF 175 HOMES

$1,931,120

AVERAGE PRICE OF 66 MULTI-MILLION DOLLAR HOMES

$421,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,699,250

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$1,302,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,080,593
Avg Bedrooms 3.55 beds
Avg Bathrooms 2.66 baths

Average Price by Bedrooms

1 bedroom $309,710
2 bedrooms $398,822
3 bedrooms $667,117
4 bedrooms $993,893
5 bedrooms $1,994,191
Margate Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 182 1 181 190 221
Average Price $1,043,475 $1,018,786 $1,003,694 $1,001,478 $972,428
Avg Price Change +2.42% +1.50% +0.22% +2.99% +9.11%
Median Price $795,105 $1,018,786 $763,487 $744,379 $695,697
Med Price Change -28.13% +33.44% +2.57% +7.00% +3.26%
Avg Bedrooms 3.8 beds 2.96 beds 2.72 beds 3.19 beds 3.69 beds
Avg Bathrooms 2.83 baths 1.68 baths 2.08 baths 2.44 baths 2.74 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 175 $1,080,593 125 days
Multi-Million Dollar Homes 66 $1,931,120 98 days
Distressed Homes 2 $421,950 28 days
Newly Built Homes 20 $1,699,250 168 days
Reduced Price Homes 2 $1,302,000 43 days
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.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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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