Is Marmora, NJ 08223 a buyer’s or seller’s market?
Marmora is a seller’s market. With about 2.2 months of supply and 6% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 19% of U.S. ZIP codes, and #437 of 444 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Marmora housing market right now
In the three months ending August 31, 2026, 6% of homes in Marmora, NJ 08223 sold above their list price, the typical home went under contract in 78 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold faster (86 days then) and the median sale price rose 25% to $487,739. Overall, Marmora is about as competitive as it was a year ago.
Within Cape May County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Marmora ranks #437 of 444 NJ ZIP codes with enough sales (score 24 out of 100).
Nearby, buyers who want less competition could look at Stone Harbor 08247 (0% sold over asking) or Cape May Point 08212 (0% sold over asking), while Rio Grande 08242 (33% sold over asking) and Cape May Court House 08210 (25% sold over asking) are even more competitive.
Run the numbers for 08223
Nearby markets
Avalon 08202Seller’s market $1,427 /sq ftCape May 08204Seller’s market $536 /sq ftCape May Court House 08210Seller’s market $283 /sq ftCape May Point 08212Seller’s market $973 /sq ft Browse all markets →Towns like Marmora nearby
Find towns like Marmora in other states →Where Marmora is
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Questions about Marmora real estate
Is Marmora a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Marmora, NJ 08223 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Marmora?
The typical home went under contract in 78 days in the latest three months.
Do homes in Marmora sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Marmora?
About 0.88% of a home’s value a year in Cape May County, where towns range from 0.35% to 1.58%, or roughly $3,512 on a $400,000 home.
What is the median home price in Marmora?
The median sale price was $487,739 in the three months ending August 31, 2026, about $272 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology