Is Rio Grande, NJ 08242 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Rio Grande is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.4Under 4 months = seller’s market

Sold above original list33.3%Share of sales, last 3 months

Median sale-to-list100.1%Sold price ÷ list price

Median days on market36Listing to accepted offer

Median price per sq ft$221▼ −6.2% vs. last year

Run the numbers for 08242

Prefilled for 08242Can I win this house?Multiple-offer likelihood for a listing Prefilled for 08242Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Avalon 08202Seller’s market $1,427 /sq ft Cape May 08204Seller’s market $536 /sq ft Cape May Court House 08210Seller’s market $283 /sq ft Cape May Point 08212Seller’s market $973 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology