The story of this market
The typical home in ZIP 08244 sells for about $519,900, or $382 per square foot.
Homes take about 80 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,345 a month.
ZIP 08244 — Somers Point
The Somers Point housing market shows stable activity with a median list price of approximately $519,900. Market conditions are characterized by moderate inventory levels and consistent demand driven by the area's coastal appeal and proximity to Atlantic City. Figures are based on current portal listings and census data.
This ZIP is well-suited for families, retirees, and commuters who value coastal living and proximity to Atlantic City while seeking a more residential, community-focused environment.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 80 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.3% · poverty 9.1% — a mixed stability profile.
ZCTA 08244, Atlantic County NJ
The area is served by the Somers Point School District, which generally maintains a stable reputation within the Atlantic County educational landscape.
As a coastal community, the area faces risks associated with storm surges and flooding, necessitating flood insurance for many properties.
Economic momentum is driven by its coastal location and proximity to the Atlantic City employment hub, with steady demand for residential housing.
Property taxes are assessed at the local level by the City of Somers Point and the Atlantic County government, with rates determined by annual budget requirements and property valuations.
Residents primarily commute via the Garden State Parkway and local routes toward Atlantic City and other major employment centers in Atlantic County.
The area features significant access to the Great Egg Harbor Bay, local parks, and proximity to the beaches of Ocean City, alongside various shopping and dining options along New Road.
The rental market is influenced by seasonal demand typical of coastal New Jersey, with a mix of long-term residents and short-term vacation rentals.
The local economy is anchored by tourism, healthcare, and services, with significant employment ties to the nearby Atlantic City gaming and hospitality industry.
The area is served by major regional corridors including the Garden State Parkway, facilitating access to the broader South Jersey region.
Development is primarily focused on residential infill and the maintenance of existing coastal infrastructure.
The Atlantic County Board of Taxation oversees the assessment process, ensuring uniform valuation across the county's municipalities.
Parcels are subject to municipal, county, and school district taxes, with additional utility-specific districts potentially applicable.
Property insurance premiums are influenced by coastal hazard exposure, with many properties requiring specialized flood coverage.
Data retrieved from U.S. Census Bureau and associated ZCTA profiles.
Provides extensive recreational opportunities including boating, fishing, and scenic views.
A prominent local golf facility serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.