The story of this market
The typical home in ZIP 08205 sells for about $272,337, or $226 per square foot.
Prices are roughly flat from a year ago (-0.24%), a market in balance. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,603 a month.
ZIP 08205 — Galloway
The housing market in 08205 is currently stable with a median sale price of approximately $272,000 and a moderate pace of sales. Inventory remains constrained, which supports current pricing levels despite minor year-over-year fluctuations. The market is driven by local demand from families and commuters looking for suburban options near the Atlantic City employment hub.
This area fits family buyers and commuters seeking suburban living with proximity to both the Atlantic City employment core and coastal recreational amenities.
Median prices moved down 0.2% year over year.
Homes spend a median of 55 days on market with 2.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 10.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 08205, Atlantic County NJ
The area is served by various local districts including Galloway Township Public Schools and Greater Egg Harbor Regional High School District, generally reflecting regional performance standards.
The area is subject to coastal flood risks and wind exposure typical of the Atlantic County region, necessitating standard flood insurance considerations.
Economic momentum is tied to the Atlantic City gaming and tourism sector, with ongoing infrastructure maintenance and suburban residential development in the Galloway/Smithville area.
Property taxes are assessed at the local municipal level within Atlantic County, with rates reflecting school district, county, and municipal levies; the effective rate is approximately 1.9%.
Residents primarily commute via the Garden State Parkway and US Route 30 toward Atlantic City or toward Philadelphia for regional employment.
The area features access to the Historic Smithville village, local parks, and proximity to the Jersey Shore beaches and golf courses within a short drive.
The rental market shows upward pressure with a median rent of $2,100, reflecting an 11.11% year-over-year increase and limited vacancy.
The economy is anchored by the Atlantic City gaming, hospitality, and tourism industries, supplemented by local retail and public sector employment.
The area is served by the Garden State Parkway and Atlantic City Expressway, providing primary transit corridors for the region.
Development is characterized by ongoing residential infill and commercial maintenance within the Galloway and Smithville corridors.
The Atlantic County Board of Taxation oversees the assessment process, ensuring uniform valuation across municipal jurisdictions.
Parcels are subject to local school district taxes, county taxes, and municipal levies, with specific utility districts serving water and sewer needs.
Property insurance premiums are influenced by coastal hazard exposure, with standard market availability for residential coverage.
Data derived from ZCTA 08205 census profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A historic village featuring shops, dining, and seasonal events.
Extensive coastal habitat and trails for birdwatching and hiking.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.