NJShore Guide

08243 Real Estate

Sea Isle City Housing Market

$1.7MMedian Price
39Listings
86Days on Market

Sea Isle City Housing Market (08243)

The Cape May County real estate market is gaining momentum. With a median asking price of $1.67 million and homes averaging 86 days on market, competition is building. Well-priced properties in prime locations are drawing multiple offers.

This is one of the most expensive shore markets, with prices running about 109% above the shore-wide median. Expect luxury properties and premium beach access.

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)

$1.3M$1.4M$1.6M$1.8M$1.9MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $1.7M

Current Market Snapshot

Median Price
$1.67M
+5.5%YoY
Active Listings
39
Days on Market
86
Monthly Change
-6.2%

Compared to Cape May County

ZIP Median Price
$1.7M
County Median
$800K
Difference
+109.3%above county avg

Market Health Indicators

Price Trend
+5.5%
Days on Market
86 days
Inventory
39

About Sea Isle City

Sea Isle City is a shore community in Cape May County. Learn more about beaches, attractions, dining, and events.

Sea Isle City

Try Before You Buy in Sea Isle City

Considering a move to 08243? 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 Sea Isle City property during summer months.

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10%$335K50%
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Peak summer week rate

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Annual Summary

Gross Rental Income$60,000
Est. Expenses (30%)-$18,000
Net Rental Income$42,000
Annual Mortgage-$106,917
Property Tax (est.)-$30,132
Annual Cash Flow$-95,049
Cap Rate
0.7%
Cash-on-Cash
-28.4%

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

08226Ocean City08248Strathmere08202Avalon08247Stone Harbor08260Wildwood08204Cape May

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08243 Real Estate FAQs

What is the median home price in Sea Isle City (08243)?
The current median list price in Sea Isle City (ZIP 08243) is approximately $1674K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Sea Isle City a good place to buy a shore home?
Sea Isle City offers its own unique character within Cape May 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 08243?
Days on market in Sea Isle City 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 Sea Isle City?
Rental regulations in Sea Isle City 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 08243?
Flood insurance costs in Sea Isle City 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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