Is Villas, NJ 08251 a buyer’s or seller’s market?

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

Villas is a seller’s market. With about 2.8 months of supply and 23% 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.

Competition score50/ 100

More competitive than 51% of U.S. ZIP codes, and #404 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 supply2.8Under 4 months = seller’s market
Sold above original list23.1%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$410▼ −3.2% vs. last year

The Villas housing market right now

In the three months ending August 31, 2026, 23% of homes in Villas, NJ 08251 sold above their list price, the typical home went under contract in 33 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 54 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold more slowly (28 days then) and the median sale price rose 1% to $399,827. Overall, Villas is more competitive than a year ago, so tougher for buyers.

Within Cape May County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Villas ranks #404 of 444 NJ ZIP codes with enough sales (score 50 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 Villas is

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Questions about Villas real estate

Is Villas a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Villas, NJ 08251 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 Villas?

The typical home went under contract in 33 days in the latest three months.

Do homes in Villas sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Villas?

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 Villas?

The median sale price was $399,827 in the three months ending August 31, 2026, about $410 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