NJ · Metro #180

Atlantic City - NJ housing market

The Atlantic City metro has a typical home value of $387,888, up 3.7% from a year ago. Homes sell in 26 days on average, a balanced market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$387,888
+3.7% vs. year ago
Median sale price
$345,005
+4.9% YoY
Median list price
$392,633
Sale-to-list ratio
97.6%
Selling below ask
Days on market
26d
Listings w/ price cut
20.9%
New listings / mo
430
+4.6% YoY
Homes for sale
1,496
+6.2% YoY
Typical rent
$2,085/mo
+4.4% YoY
Context

How to read this data

The typical home value ($387,888) is the Zillow Home Value Index for the Atlantic City - NJ metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.7% over the past year. In Atlantic City - NJ, that means a home worth $374,048 last year is now worth roughly $387,888.

The median sale price , what homes actually close for , is $345,005. Homes are selling at 97.6% of list price, meaning buyers have room to negotiate.

Homes listed in Atlantic City - NJ sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.

About 20.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 430 new listings hit the market each month in Atlantic City - NJ. There are currently 1,496 homes for sale, up 6.2% from a year ago.

The typical monthly rent in Atlantic City - NJ is $2,085, up 4.4% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in NJ

MetroHome value1-yr changeDays on market
Trenton - NJ$453,319 -0.1% 15.0d
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