Is Sea Isle City, NJ 08243 a buyer’s or seller’s market?

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

Sea Isle City is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score26/ 100

More competitive than 21% of U.S. ZIP codes, and #435 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

Months of supply4Under 4 months = seller’s market
Sold above original list14.8%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$934▲ +16.5% vs. last year

The Sea Isle City housing market right now

In the three months ending August 31, 2026, 15% of homes in Sea Isle City, NJ 08243 sold above their list price, the typical home went under contract in 80 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold faster (106 days then) and the median sale price rose 33% to $1,699,265. Overall, Sea Isle City is more competitive than a year ago, so tougher for buyers.

Within Cape May County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, Sea Isle City ranks #435 of 444 NJ ZIP codes with enough sales (score 26 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.

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 →

Where Sea Isle City is

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Questions about Sea Isle City real estate

Is Sea Isle City a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Sea Isle City, NJ 08243 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 Sea Isle City?

The typical home went under contract in 80 days in the latest three months.

Do homes in Sea Isle City sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Sea Isle City?

About 0.45% of a home’s value a year in Sea Isle City City, Cape May County, or roughly $1,812 on a $400,000 home.

What is the median home price in Sea Isle City?

The median sale price was $1,699,265 in the three months ending August 31, 2026, about $934 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