How much house does $500,000 buy you in Atlantic City?
How much house does $500,000 buy you in Atlantic City?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Atlantic City?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Atlantic City right now. Listings below $500,000 were included if necessary.
6706 Millville Ave, Mays Landing, NJ 08330
- Price: $499,997
- 6 bedrooms, 4 bathrooms
- Square feet: 4,010
- See 6706 Millville Ave, Mays Landing, NJ 08330 on Redfin.com
28 Mountain Ln, Egg Harbor Township, NJ 08234
- Price: $490,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,258
- See 28 Mountain Ln, Egg Harbor Township, NJ 08234 on Redfin.com
121 N Delaware Ave, Atlantic City, NJ 08401
- Price: $499,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 1,648
- See 121 N Delaware Ave, Atlantic City, NJ 08401 on Redfin.com
14 Strathmere Rd, Mays Landing, NJ 08330
- Price: $499,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,015
- See 14 Strathmere Rd, Mays Landing, NJ 08330 on Redfin.com
126 Buck Hill Rd, Woodbine, NJ 08270
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,797
- See 126 Buck Hill Rd, Woodbine, NJ 08270 on Redfin.com
8 Rembrandt Way, Mays Landing, NJ 08330
- Price: $499,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,384
- See 8 Rembrandt Way, Mays Landing, NJ 08330 on Redfin.com
210 Daytona Rd, Egg Harbor Township, NJ 08234
- Price: $499,540
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,384
- See 210 Daytona Rd, Egg Harbor Township, NJ 08234 on Redfin.com
570 North St, Mays Landing, NJ 08330
- Price: $490,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,216
- See 570 North St, Mays Landing, NJ 08330 on Redfin.com
415 Ebony Tree Ave, Galloway, NJ 08205
- Price: $499,100
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,196
- See 415 Ebony Tree Ave, Galloway, NJ 08205 on Redfin.com
127 Rochelle Ln, Egg Harbor Township, NJ 08234
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,064
- See 127 Rochelle Ln, Egg Harbor Township, NJ 08234 on Redfin.com
310 Superior Rd, Egg Harbor Township, NJ 08234
- Price: $490,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,906
- See 310 Superior Rd, Egg Harbor Township, NJ 08234 on Redfin.com
507 Robin Ln, Mays Landing, NJ 08330
- Price: $489,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,888
- See 507 Robin Ln, Mays Landing, NJ 08330 on Redfin.com
426 7Th St, Somers Point, NJ 08244
- Price: $489,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,620
- See 426 7Th St, Somers Point, NJ 08244 on Redfin.com
180 5Th Ave, Estell Manor, NJ 08319
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,028
- See 180 5Th Ave, Estell Manor, NJ 08319 on Redfin.com
328 Llewellyn Ave, Richland, NJ 08350
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,948
- See 328 Llewellyn Ave, Richland, NJ 08350 on Redfin.com
100 Colwick Dr, Somers Point, NJ 08244
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,586
- See 100 Colwick Dr, Somers Point, NJ 08244 on Redfin.com
238 Route 50, Woodbine, NJ 08270
- Price: $489,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,800
- See 238 Route 50, Woodbine, NJ 08270 on Redfin.com
2425 Lahn Ln, Mays Landing, NJ 08330
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,522
- See 2425 Lahn Ln, Mays Landing, NJ 08330 on Redfin.com
306 Flatbush Ave, Egg Harbor Township, NJ 08234
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,159
- See 306 Flatbush Ave, Egg Harbor Township, NJ 08234 on Redfin.com
1099 Somers Point Rd, Egg Harbor Township, NJ 08234
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,663
- See 1099 Somers Point Rd, Egg Harbor Township, NJ 08234 on Redfin.com
6 Holly Dr, Northfield, NJ 08225
- Price: $499,900
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,738
- See 6 Holly Dr, Northfield, NJ 08225 on Redfin.com
42 Ernst Ct, Mays Landing, NJ 08330
- Price: $499,900
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,592
- See 42 Ernst Ct, Mays Landing, NJ 08330 on Redfin.com
3851 Boardwalk, Atlantic City, NJ 08401
- Price: $499,500
- 2 bedrooms, 2 bathrooms
- Square feet: 1,012
- See 3851 Boardwalk, Atlantic City, NJ 08401 on Redfin.com
323 44Th St S, Brigantine, NJ 08203
- Price: $496,000
- 2 bedrooms, 2 bathrooms
- Square feet: 870
- See 323 44Th St S, Brigantine, NJ 08203 on Redfin.com
118 N Rosborough Ave, Ventnor City, NJ 08406
- Price: $499,000
- 2 bedrooms, 2 bathrooms
- Square feet: 716
- See 118 N Rosborough Ave, Ventnor City, NJ 08406 on Redfin.com
100 S Berkley Sq, Atlantic City, NJ 08401
- Price: $494,312
- 1 bedroom, 2 bathrooms
- Square feet: 882
- See 100 S Berkley Sq, Atlantic City, NJ 08401 on Redfin.com