Is Somers Point, NJ 08244 a buyer’s or seller’s market?

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

Somers Point is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.7Under 4 months = seller’s market

Sold above original list17.9%Share of sales, last 3 months

Median sale-to-list97.3%Sold price ÷ list price

Median days on market75Listing to accepted offer

Median price per sq ft$365▲ +32.7% vs. last year

Run the numbers for 08244

Prefilled for 08244Can I win this house?Multiple-offer likelihood for a listing Prefilled for 08244Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Absecon 08201Seller’s market $226 /sq ft Absecon 08205Balanced $208 /sq ft Atlantic City 08401Buyer’s market $211 /sq ft Brigantine 08203Balanced $496 /sq ft Browse all markets →

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