Photo: Acroterion · CC BY-SA 4.0185 homes sold in Margate City in the last year, at a typical $1.1M
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Margate City homes are listed.
Every place Margate City homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Margate City.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A third of Margate City’s sales are condos, at $963K less than a house
114 houses and 55 condos sold in the year to May 2026. Condos sell faster.
typical sale · 114 sold in the year to May 2026
- Per square foot
- $737NJ $331
- Days to sell
- 119
- Sold over asking
- 4%
- Listings with a price cut
- 11%
typical sale · 55 sold in the year to May 2026
- Per square foot
- $663NJ $450
- Days to sell
- 82
- Sold over asking
- 7%
- Listings with a price cut
- 16%
Multi-family (2–4 units): 1 sold, typical $700K
Townhouses: 10 sold, typical $1.1M
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 2.8 times the 2016 price
185 sales in the last year, against 468 in 2020 and a low of 176 in 2024. The typical sale went from $404K in 2016 to $1.1M.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $1.1M buys in Margate City
Check a listing against what Margate City homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Margate City are back to pre-pandemic levels, but two thirds fewer homes come up for sale
We read every month of Margate City’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 185 sales.
If you’re buying in Margate City
- Shop in January. It brings about 35 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
- Offer under asking. Buyers paid 95% of the list price on average; 8% paid over.
- You’ll usually have time. Only 20% of homes go under contract within two weeks; the typical one takes 98 days.
Winter brings the homes; spring brings the bidding wars
February has the most new listings (about 41 a month), but March is the most competitive: 13% of March sales close over asking. January has the least competition (7%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than New Jersey
| Margate City now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 8% | 3% | 20% | 44% |
| Gone within two weeksShare of homes under contract within 14 days | 20% | 12% | 31% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 95% | 93.6% | 97.3% | 100.9% |
| Days to sellMedian days from listing to contract | 98 | 181 | 82 | 46 |
90 homes for sale on a typical day
That’s 63% fewer than in 2017–19 and well under 2014’s 294.
Since 2019, houses are up 149%, condos 140%
A house typically sold for $1.6M in the year to May 2026 (114 sales), a condo for $595K (55).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Margate City ranks 299th of 300 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Margate City is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Margate City home costs about $6,771 a month
Price: Margate City’s typical sale, last 12 months. Property tax at Margate City’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Margate City is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in February
The month with the most choice. December has the fewest, about 17.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1.1M home, about $11,390 a year.
Taxes vs. neighborsSchools
The schools grade for Margate City, from test results, graduation and how much students grow.
Schools in Margate CityTypical commute
The average one-way trip to work for people who live in Margate City.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Ventnor City, Linwood, Northfield, Pleasantville and Atlantic City sell for less a square foot; Longport for far more
The busier markets within 25 miles of Margate City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Atlantic City | 410 | $224K | $208 | 9% | 110 |
| Ventnor City | 195 | $699K | $457 | 14% | 88 |
| Margate City | 185 | $1.1M | $709 | 8% | 98 |
| Pleasantville | 137 | $244K | $184 | 22% | 73 |
| Linwood | 122 | $551K | $271 | 16% | 85 |
| Northfield | 93 | $430K | $254 | 21% | 73 |
| Longport | 33 | $2M | $950 | 13% | 135 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Margate City, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Margate City. People who follow the town see it, and so do people comparing Margate City with their own town. No commission, no listing fee.
Questions about buying a home in Margate City
What do homes sell for in Margate City, NJ?
185 homes sold in the year to September 2026 at a typical $1.1M, $709 a square foot. Houses sold for about $1.6M, condos for about $595K in the year to May 2026.
Is Margate City a buyer’s or seller’s market?
A balanced market: 76 homes were for sale in September 2026 and 19 sold, about 4 months of supply. Buyers paid 95% of asking on average.
When is the best time to buy in Margate City?
February brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Margate City?
About 1% of a home’s value a year. On a $1.1M home that’s near $11,390.
Where can I see homes for sale in Margate City?
Zillow, Redfin, Realtor.com and Homes.com all carry Margate City’s MLS listings; the search links above open each one filtered to Margate City.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).