All Home Types
Margate City, NJ Housing Market
What is the housing market like in Margate City today?
In November 2024, Margate City home prices were up 76.1% compared to last year, selling for a median price of $1.6M. On average, homes in Margate City sell after 67 days on the market compared to 73 days last year. There were 13 homes sold in November this year, up from 9 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,550,000
+76.1% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Margate City, NJ
$1,550,000
+76.1%
United States
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Margate City Migration & Relocation Trends
In Oct '24 - Dec '24, 26% of Margate City homebuyers searched to move out of Margate City, while 74% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Margate City from outside metros.
- New York homebuyers searched to move into Margate City more than any other metro followed by Los Angeles and San Francisco.
Where are people moving to Margate City from?
- 74% of Margate City homebuyers searched to stay within the Margate City metropolitan area.
- Boston was the most popular destination among Margate City homebuyers followed by Salisbury and Harrisburg.
Where are people from Margate City moving to?
Number of People Moving to Margate City
least
most
People are moving to Margate City from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 4,142 | ||
| 2 | 509 | ||
| 3 | 130 | ||
| 4 | 125 | ||
| 5 | 89 | ||
| 6 | 42 | ||
| 7 | 36 | ||
| 8 | 32 | ||
| 9 | 14 | ||
| 10 | 6 | ||
People are leaving Margate City for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 2,146 | ||
| 2 | 1,302 | ||
| 3 | 1,257 | ||
| 4 | 1,089 | ||
| 5 | 1,066 | ||
| 6 | 664 | ||
| 7 | 545 | ||
| 8 | 409 | ||
| 9 | 381 | ||
| 10 | 314 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Margate City.
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