Margate, NJ housing market
The typical Margate home is worth about $1,139,000, up 12.2% in a year, 96% above the New Jersey typical home. Homes typically sell in 96 days, below asking.
Home values, sales, trends and how Margate compares with the towns next door — updated as new data is published.
Margate at a glance
A buyer's market
More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Margate | New Jersey |
|---|---|---|
| 2017 | $477,000 | $317,000 |
| 2018 | $484,000 | $330,000 |
| 2019 | $505,000 | $343,000 |
| 2020 | $515,000 | $358,000 |
| 2021 | $575,000 | $394,000 |
| 2022 | $727,000 | $441,000 |
| 2023 | $822,000 | $471,000 |
| 2024 | $905,000 | $511,000 |
| 2025 | $990,000 | $551,000 |
| 2026 | $1,063,000 | $568,000 |
| August 2026 | $1,139,000 | $580,000 |
Margate and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Margate | $1.14M | +12.2% | 96 | $121,800 |
| Egg Harbor | $413K | +4.9% | — | $97,190 |
| Ventnor City | $653K | +10.8% | 77 | $68,671 |
9.3 years of income
The typical Margate home costs about 9.3 years of the town's median household income, more than across New Jersey (5.6 years).
How Margate ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.