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DEEPWATER, NJ 08023

Real Estate Market Report  ·  Salem County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The DEEPWATER, NJ real estate market (08023) currently shows 4 active listings, with 1 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 33 days on market compared to 53 days last year.

The median listing price has risen 3.6% year-over-year, from $217,250 to $225,000.

Whether you are buying or selling in DEEPWATER, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 282  ·  Density: 128.9/mi²  ·  Median household income: $50,833

Typical home value: $0  ·  Homeownership: 71.4%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
1
25% pending ratio
Median Price
$225,000
⇧ 3.6% vs $217,250 last year
Average Price
$220,625
⇩ 16.2% vs $263,250 last year
Days on Market
33
⇩ 37.7% vs 53 days last year

Price Per Square Foot

Median $/sqft
$185
⇩ 23.9% vs $243/sqft last year
Median Home Size
1,062 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 33 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (+3.6% YoY)
  • Average: $220,625 (-16.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.3 miles — 379 listings ($134,971,714 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08023Deepwater, NJ 080230.0 mi4$897,000$232,000$224,250
19801Wilmington, DE 198013.8 mi65$16,192,280$211,495$249,112
19809Wilmington, DE 198094.8 mi23$7,232,833$357,000$314,471
08067Pedricktown, NJ 080675.7 mi6$1,808,280$315,000$301,380
19805Wilmington, DE 198056.4 mi99$23,602,194$225,000$238,406
19804Wilmington, DE 198046.8 mi27$9,033,012$330,000$334,556
19703Claymont, DE 197038.3 mi15$4,983,165$377,500$332,211
19810Wilmington, DE 198109.0 mi32$17,375,328$545,000$542,979
19706Delaware City, DE 197069.5 mi11$4,755,300$419,950$432,300
19807Wilmington, DE 198079.7 mi15$23,519,250$1,387,500$1,567,950
19061Marcus Hook, PA 1906110.2 mi49$14,200,200$224,950$289,800
08072Quinton, NJ 0807210.9 mi2$600,000$300,000$300,000
19713Newark, DE 1971311.3 mi31$10,772,872$379,900$347,512

Frequently Asked Questions

How many homes are for sale in DEEPWATER, NJ 08023?

As of February 2026, there are 4 active listings in DEEPWATER, NJ (zip code 08023), compared to 5 the prior year.

What is the median home price in DEEPWATER, NJ 08023?

The median listing price in DEEPWATER, NJ 08023 is $225,000 as of February 2026, a 3.6% increase from $217,250 the prior year.

How long do homes stay on the market in DEEPWATER, NJ?

Homes in DEEPWATER, NJ 08023 spend an average of 33 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in DEEPWATER, NJ 08023?

Based on current inventory and days-on-market data as of February 2026, DEEPWATER, NJ 08023 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 53 days last year.

How much can I save on real estate commission in DEEPWATER, NJ?

With SELL123.com's maximum 3% commission, sellers in DEEPWATER, NJ 08023 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.