Median home value in zip code 08248 (Strathmere, NJ) is $1,513,245, up 4.9% year over year. Part of the Ocean City, NJ metropolitan area.

Home Value$1,513,245

YoY Change

+4.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 08248 (Strathmere).

Income (annual)

Down Payment

$302,649 on $1,513,245

Example: $75,000 household income. Change it above to see your own.

Out of reach174.1% of income

Need $466,414/yr to afford.

PITI$10,883

P/I174.1%

Afford$243K

Gap-$1.27M

P&I $7,652Tax $3,115Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

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Metro Analysis

08248 is part of the Ocean City, NJ metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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