NJShore Guide

08205 Real Estate

Smithville Housing Market

$350KMedian Price
88Listings
66Days on Market

Smithville Housing Market (08205)

Atlantic County presents opportunities for patient buyers. Prices are down 6.6% from last year, with a median of $350,000. Homes are staying on market longer at 66 days average, giving buyers leverage in negotiations.

Prices are about 15% below the shore-wide median, offering relative value for buyers.

Winter is typically the slowest season for shore real estate. Serious sellers may be more flexible on price during these months.

Price Trends (24 Months)

$347K$361K$375K$389K$402KFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $350K

Current Market Snapshot

Median Price
$350K
-6.6%YoY
Active Listings
88
Days on Market
66
Monthly Change
+0.0%

Compared to Atlantic County

ZIP Median Price
$350K
County Median
$410K
Difference
-14.6%below county avg

Market Health Indicators

Price Trend
-6.6%
Days on Market
66 days
Inventory
88

About Smithville

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

smithville

Try Before You Buy in Smithville

Considering a move to 08205? Rent a vacation home first to experience the neighborhood and lifestyle before committing.

Browse Vacation Rentals

Investment Potential

Investment Calculator

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

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Peak summer week rate

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Annual Summary

Gross Rental Income$13,200
Est. Expenses (30%)-$3,960
Net Rental Income$9,240
Annual Mortgage-$22,354
Property Tax (est.)-$6,300
Annual Cash Flow$-19,414
Cap Rate
0.8%
Cash-on-Cash
-27.7%

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.

Nearby ZIP Codes

08203Brigantine08401Atlantic City08406Ventnor08402Margate08403Longport08244Somers Point

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08205 Real Estate FAQs

What is the median home price in Smithville (08205)?
The current median list price in Smithville (ZIP 08205) is approximately $350K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Smithville a good place to buy a shore home?
Smithville 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 08205?
Days on market in Smithville 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 Smithville?
Rental regulations in Smithville 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 08205?
Flood insurance costs in Smithville 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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