NJ · Metro #180

Atlantic City - NJ housing market

The Atlantic City metro has a typical home value of $377,406, up 4.0% from a year ago. Homes sell in 32 days on average - a balanced market. Data from Zillow Research, updated monthly.

Typical home value
$377,406
+4.0% vs. year ago
Median sale price
$353,561
+8.6% YoY
Median list price
$376,833
Sale-to-list ratio
96.8%
Selling below ask
Days on market
32d
Listings w/ price cut
17.7%
New listings / mo
372
-4.9% YoY
Homes for sale
1,352
+4.7% YoY
Typical rent
$2,142/mo
+4.0% YoY
Context

How to read this data

The typical home value ($377,406) 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 4.0% over the past year. In Atlantic City - NJ, that means a home worth $362,890 last year is now worth roughly $377,406.

The median sale price , what homes actually close for , is $353,561. Homes are selling at 96.8% of list price, meaning buyers have room to negotiate.

Homes listed in Atlantic City - NJ sit on the market for roughly 32 days before going pending. Shorter = seller's market; longer = buyer's market.

About 17.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 372 new listings hit the market each month in Atlantic City - NJ. There are currently 1,352 homes for sale, up 4.7% from a year ago.

The typical monthly rent in Atlantic City - NJ is $2,142, up 4.0% year over year. For investors, the price-to-rent ratio here is roughly 15x 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$442,247 +0.1% 16.0d
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