Is Ocean View, NJ 08230 a buyer’s or seller’s market?

The Ocean View housing market right now

In the three months ending August 31, 2026, 14% of homes in Ocean View, NJ 08230 sold above their list price, the typical home went under contract in 97 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (33 days then) and the median sale price rose 20% to $529,271. Overall, Ocean View is less competitive than a year ago, which gives buyers more room.

Within Cape May County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Ocean View ranks #439 of 444 NJ ZIP codes with enough sales (score 22 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.