Market Overview
Home Prices in Strathmere, NJ
The median home value in Strathmere, NJ is $1,656,928 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.7% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Strathmere are priced304% above average. Strathmere is part of the Ocean City, NJ metro area.
Over the past five years, Strathmere home values have risen by approximately51.7%, reflecting strong long-term appreciation in this market.
Price History
Strathmere Home Price Trend
City Comparison
Strathmere vs. National Median
At $1,656,928, homes in Strathmere cost 304% above the national median of $410,000. Buyers in Strathmere should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Strathmere?
20% Down Payment
$331,386
on $1,656,928
Monthly P&I
$8,642/mo
30-yr @ 6.8%
Total Monthly Est.
~$10,975/mo
incl. taxes & insurance
Income Needed
$439,000
gross annual (30% rule)
10% Down Option
$165,693
+ PMI applies
Loan Amount (20% dn)
$1,325,542
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Strathmere, NJ?
The median home value in Strathmere is $1,656,928 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.7% year-over-year.
How much have home prices changed in Strathmere?
Over the past year, home values in Strathmere have increased by 6.7%. Over five years, prices have risen approximately 51.7%.
How much do I need to earn to buy a home in Strathmere?
To comfortably afford the median home price of $1,656,928 with a 20% down payment ($331,386) at today's rates (6.8%), you'd need a gross annual income of approximately $439,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Strathmere compare to the national average home price?
The national median home value is approximately $410,000. At $1,656,928, homes in Strathmere are 304% above the national average.
What metro area is Strathmere part of?
Strathmere is part of the Ocean City, NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.