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Somers Point Real Estate

Atlantic County Offers Buyer Opportunities

$528KMedian Price
54Listings
52Days on Market

Somers Point Housing Market

Atlantic County offers bay access and waterfront living at a median list price of $528,000, down 8.9% year-over-year. At 52 days on market, buyers have time to evaluate options carefully. This is primarily a year-round residential market rather than a seasonal resort -- prices reflect local demand more than vacation activity.

Prices here run about 30% above the shore-wide average, reflecting desirable location and amenities.

Price Trends (24 Months)

$409K$456K$503K$550K$597KMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $528K

Current Market Snapshot

Median Price
$528K
-8.9%YoY
Active Listings
54
Days on Market
52
Monthly Change
-1.4%

Compared to Atlantic County

ZIP Median Price
$528K
County Median
$407K
Difference
+29.7%above county avg

Market Health Indicators

Price Trend
-8.9%
Days on Market
52 days
Inventory
54

About Somers Point

Somers Point is a shore community in Atlantic County. Learn more about beaches, attractions, dining, and events.

Somers Point

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Investment Potential

Investment Calculator

Estimate your potential returns if you rent out your Somers Point property during summer months.

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10%$106K50%
$

Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$19,200
Est. Expenses (30%)-$5,760
Net Rental Income$13,440
Annual Mortgage-$33,723
Property Tax (est.)-$9,504
Annual Cash Flow$-29,787
Cap Rate
0.7%
Cash-on-Cash
-28.2%

Investment Outlook

Challenging as pure investment. Negative cash flow means you would need other income or appreciation to justify. Better suited as a vacation home with some rental offset.

* Estimates only. Consult a financial advisor and research local rental regulations. Expenses estimate includes insurance, maintenance, management, and vacancy.

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Nearby ZIP Codes

08203Brigantine08401Atlantic City08406Ventnor08402Margate08403Longport08205Smithville

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Somers Point Real Estate FAQs

What is the median home price in Somers Point (08244)?
The current median list price in Somers Point (ZIP 08244) is approximately $528K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Somers Point a good place to buy a shore home?
Somers Point offers its own unique character within Atlantic County. Consider factors like beach access, local amenities, commute times, and rental potential. Many buyers rent in the area first to experience the community before purchasing.
How long do homes stay on the market in 08244?
Days on market in Somers Point varies seasonally. Summer listings often move faster due to higher buyer activity. Check the current market metrics above to see how quickly homes are selling in this area right now.
Can I rent out my property in Somers Point?
Rental regulations in Somers Point depend on local ordinances. Some shore towns welcome short-term vacation rentals while others restrict them. Contact the local municipality for current rental permit requirements and restrictions.
What are the flood insurance costs in 08244?
Flood insurance costs in Somers Point depend on the property's elevation, flood zone designation, and whether the structure has been elevated. Properties in high-risk zones (A or V zones) require flood insurance for federally-backed mortgages.
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