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Margate housing market

The median home in Margate sold for $321,000 in September 2026, up 4.3% from $307,750 15 months earlier. On the measures below the market leans toward buyers.

What is your Margate home worth?

The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.

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Where Margate stands right now

Median sale price

$321,000

September 2026

Homes for sale

477

as of today

Months of supply

9.5

inventory ÷ recent sales

Median days on market

35 days

September 2026

October 2026 is still in progress, so its 20 closed sales so far are not comparable to a full month and are left out of the trends below.

Are buyers or sellers in control in Margate?

On the last full month of data, Margate leans toward buyers.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

  • ·9.5 months of supply, which favours buyers
  • ·18.18% of sales closed above asking
  • ·52.73% of sellers cut their price before closing

Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.

Margate market trends, month by month

Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.

Median sale price

$307,750 in Jul 2025 to $321,000 in Sep 2026, up 4.3% over 15 months. Trending in sellers' favour.

Median sale price by month
MonthMedian sale price
Jul 2025$307,750
Aug 2025$325,000
Sep 2025$335,000
Oct 2025$170,000
Nov 2025$312,110
Dec 2025$382,500
Jan 2026$195,000
Feb 2026$317,000
Mar 2026$320,000
Apr 2026$277,500
May 2026$340,000
Jun 2026$337,500
Jul 2026$319,000
Aug 2026$300,000
Sep 2026$321,000

Median days on market

39 days in Jul 2025 to 35 days in Sep 2026, down 10.3% over 15 months. Trending in sellers' favour.

Median days on market by month
MonthMedian days on market
Jul 202539 days
Aug 202568 days
Sep 202546 days
Oct 202548 days
Nov 202561 days
Dec 202546 days
Jan 202628 days
Feb 202657 days
Mar 202657 days
Apr 202644 days
May 202643 days
Jun 202650 days
Jul 202643 days
Aug 202636 days
Sep 202635 days

Share of sales closing above asking

14.1% in Jul 2025 to 18.2% in Sep 2026, up 29.3% over 15 months. Trending in sellers' favour.

Share of sales closing above asking by month
MonthShare of sales closing above asking
Jul 202514.1%
Aug 20253.5%
Sep 202510.9%
Oct 20254.5%
Nov 202510.3%
Dec 202510.3%
Jan 20265.7%
Feb 20266.3%
Mar 20268.5%
Apr 20268.1%
May 20266.0%
Jun 202615.7%
Jul 202616.3%
Aug 202613.2%
Sep 202618.2%

Share of sellers who cut their price

42.2% in Jul 2025 to 52.7% in Sep 2026, up 25% over 15 months. Trending in buyers' favour.

Share of sellers who cut their price by month
MonthShare of sellers who cut their price
Jul 202542.2%
Aug 202568.4%
Sep 202547.3%
Oct 202543.9%
Nov 202567.2%
Dec 202550.0%
Jan 202631.4%
Feb 202650.0%
Mar 202649.1%
Apr 202643.2%
May 202641.8%
Jun 202644.3%
Jul 202646.5%
Aug 202649.1%
Sep 202652.7%

Homes sold

64 in Jul 2025 to 55 in Sep 2026, down 14.1% over 15 months.

Homes sold by month
MonthHomes sold
Jul 202564
Aug 202557
Sep 202555
Oct 202566
Nov 202558
Dec 202558
Jan 202635
Feb 202664
Mar 202659
Apr 202674
May 202667
Jun 202670
Jul 202643
Aug 202653
Sep 202655

Buying in Margate?

The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.

Compare Margate with nearby markets

Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.

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