08248
Strathmere, New Jersey.
Strathmere, Cape May County, NJ · Ocean City, NJ metro · population 266
to buy the typical home at today's mortgage rate — +$5,904 (+199%) since Jan 2020.
- 1 year
- Up $189,544 +13%
- $1,500,570$1,690,114 since Sep 2025
- 5 years
- Up $600,259 +55%
- $1,089,854$1,690,114 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 08248$8,871
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 8 years.
Typical home values in zip 08248 rose 12.6% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Strathmere, NJ — measured over the city limits, which is a different area from this zip.
Typical home value — 08248
Mid-tier homes, smoothed and seasonally adjusted.
- 08248$1,690,114
- Ocean City$813,023
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 2.3 | 08230 | Ocean View | 5,700 | — | $487,350 |
| 3.5 | 08243 | Sea Isle City | 2,000 | — | $1,537,842 |
| 5.2 | 08223 | Marmora | 4,048 | — | $508,527 |
| 6.0 | 08226 | Ocean City | 11,261 | $1,947 | $1,134,075 |
| 8.2 | 08202 | Avalon | 1,612 | — | $2,833,672 |
| 9.0 | 08244 | Somers Point | 10,659 | $2,007 | $430,394 |
| 9.2 | 08270 | Woodbine | 8,362 | — | $333,200 |
| 10.0 | 08210 | Cape May Court House | 17,143 | — | $464,353 |
| 11.0 | 08403 | Longport | 1,046 | — | $1,565,023 |
| 11.2 | 08221 | Linwood | 6,992 | — | $492,763 |
| 11.8 | 08247 | Stone Harbor | 965 | — | $2,591,421 |
| 12.5 | 08402 | Margate City | 5,234 | $1,858 | $1,145,572 |
| 13.3 | 08225 | Northfield | 8,456 | — | $397,724 |
| 13.4 | 08234 | Egg Harbor Township | 47,339 | $2,522 | $411,860 |
| 14.1 | 08406 | Ventnor City | 8,972 | $1,973 | $652,993 |
| 14.4 | 08319 | Estell Manor | 1,205 | — | $375,889 |
| 15.5 | 08232 | Pleasantville | 19,887 | $1,970 | $248,515 |
| 15.8 | 08327 | Leesburg | 3,408 | — | $233,095 |
| 16.8 | 08260 | Wildwood | 12,959 | $1,866 | $665,047 |
| 17.0 | 08317 | Dorothy | 1,246 | — | $368,925 |
| 17.0 | 08401 | Atlantic City | 38,925 | $1,812 | $219,284 |
| 17.1 | 08242 | Rio Grande | 4,141 | — | $437,026 |
| 18.1 | 08201 | Absecon | 10,412 | $2,011 | $347,031 |
| 18.2 | 08251 | Villas | 10,503 | — | $414,305 |
| 18.6 | 08340 | Milmay | 725 | — | $397,631 |
| 18.6 | 08330 | Mays Landing | 29,972 | $2,280 | $308,221 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.