NJShore Guide

08226 vs 08402

Ocean City vs Margate Real Estate

Side-by-Side Comparison

MetricOcean City (08226)Margate (08402)Better For
Median Price$1.4M$1.3Mβœ“Affordability
YoY Price Change+11.8%-13.5%βœ“Buyers (cooling)
Active Listings264βœ“97More Options
Days on Market54 days62 daysβœ“Negotiation
CountyCape May CountyAtlantic County

24-Month Price Trends

Ocean City (08226)

$1.2M$1.3M$1.4M$1.5M$1.6MMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $1.4M

Margate (08402)

$1.3M$1.5M$1.8M$2.1M$2.3MMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $1.3M

What Does the Price Difference Mean?

Margate is 4% More Affordable

You could save approximately $60K compared to Ocean City.

Estimated monthly savings: ~$350/month on mortgage

Ocean City Premium

Higher prices often reflect proximity to beaches, walkability, school districts, or historical charm. Consider what matters most to you.

Experience Both Neighborhoods

Rent a vacation home to get a feel for the area before making your decision.

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