Is Stone Harbor, NJ 08247 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Stone Harbor is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market99Listing to accepted offer
Median price per sq ft$1,704▼ −1.2% vs. last year

The Stone Harbor housing market right now

In the three months ending August 31, 2026, 0% of homes in Stone Harbor, NJ 08247 sold above their list price, the typical home went under contract in 99 days and there were 7.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold faster (147 days then) and the median sale price fell 9% to $4,548,032. Overall, Stone Harbor is more competitive than a year ago, so tougher for buyers.

Within Cape May County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, 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 Stone Harbor is

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Questions about Stone Harbor real estate

Is Stone Harbor a buyer’s or seller’s market?

A buyer’s market: there were 7.4 months of supply in Stone Harbor, NJ 08247 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 Stone Harbor?

The typical home went under contract in 99 days in the latest three months.

Do homes in Stone Harbor sell over asking?

0% 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 Stone Harbor?

About 0.41% of a home’s value a year in Stone Harbor Boro, Cape May County, or roughly $1,652 on a $400,000 home.

What is the median home price in Stone Harbor?

The median sale price was $4,548,032 in the three months ending August 31, 2026, about $1,704 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