Home Values

Atlantic City Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$185,500

  • -2.0% 1-year change
  • -2.3% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this metro relative to other metros across the US. A particular metro may be identified as a good market for buyers in a national market favorable to sellers overall. Learn more

Very Cold

Buyers' Market
Sellers' Market

The median home value in Atlantic City Metro is $185,500. Atlantic City Metro home values have declined -2.0% over the past year and Zillow predicts they will fall -2.3% within the next year. The median list price per square foot in Atlantic City Metro is None.

Foreclosures will be a factor impacting home values in the next several years. In Atlantic City Metro 5.0 homes are foreclosed (per 10,000). This is greater than the New Jersey value of 1.5 and also greater than the national value of 3.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Atlantic City Metro is 21.4%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Atlantic City Metro homeowners underwater on their mortgage is 26.6%, which is higher than New Jersey at 17.9%.

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Relative ZHVI
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Atlantic City Metro Market Overview

Data through Mar 31, 2015
  • $185,500 ZHVI
  • -2.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • $182,050 Median sale price (Feb 28, 2015)
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Atlantic City Metro Market Health

Data through Mar 31, 2015
  • 0.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • 174 Average days on Zillow (Feb 28, 2015)
  • 26.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 21.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

5 homes(Feb 28, 2015) Atlantic City Metro
1.5 homes New Jersey
3 homes United States
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Cities in Atlantic City Metro

Name Median ZHVI
Brigantine $317,800
Ventnor City $249,500
Egg Harbor Township $192,400
Name Median ZHVI
Somers Point $187,700
Galloway $170,900
Hammonton $165,800
Name Median ZHVI
Township of Hamilton $153,400
Atlantic City $136,400
Pleasantville $88,000

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • $114 Median sale price / sq ft
  • No data Listings with price cut
29.8%
Sold below listing
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Atlantic City Metro Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,536 Atlantic City Metro
    $1,993 New Jersey
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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