NJShore Guide

08247 Real Estate

Stone Harbor Housing Market

$4.8MMedian Price
21Listings
129Days on Market

Stone Harbor Housing Market (08247)

Cape May County real estate prices have held steady over the past year. The median list price sits at $4.77 million, with homes typically selling within 129 days. This balanced market gives buyers time to evaluate options without pressure.

This is one of the most expensive shore markets, with prices running about 497% 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)

$4.0M$4.3M$4.5M$4.8M$5.0MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $4.8M

Current Market Snapshot

Median Price
$4.77M
+2.7%YoY
Active Listings
21
Days on Market
129
Monthly Change
-0.5%

Compared to Cape May County

ZIP Median Price
$4.8M
County Median
$800K
Difference
+496.8%above county avg

Market Health Indicators

Price Trend
+2.7%
Days on Market
129 days
Inventory
21

About Stone Harbor

Stone Harbor is a shore community in Cape May County. Learn more about beaches, attractions, dining, and events.

Stone Harbor

Try Before You Buy in Stone Harbor

Considering a move to 08247? 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 Stone Harbor property during summer months.

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Peak summer week rate

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Annual Summary

Gross Rental Income$171,600
Est. Expenses (30%)-$51,480
Net Rental Income$120,120
Annual Mortgage-$304,943
Property Tax (est.)-$85,941
Annual Cash Flow$-270,764
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 City08248Strathmere08243Sea Isle City08202Avalon08260Wildwood08204Cape May

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08247 Real Estate FAQs

What is the median home price in Stone Harbor (08247)?
The current median list price in Stone Harbor (ZIP 08247) is approximately $4775K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Stone Harbor a good place to buy a shore home?
Stone Harbor 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 08247?
Days on market in Stone Harbor 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 Stone Harbor?
Rental regulations in Stone Harbor 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 08247?
Flood insurance costs in Stone Harbor 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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