Cape May Court House, NJ08210

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$442,000
3.6% YoY Growth
Median Household Income
$93,900
35.3% 5-Year Growth
Days on Market
76
24.0% Longer than last year
Home Price Forecast
2.6%
Median Rent
$1,200
50.4% YoY Growth
1-Bed Rent
$1,200
44.2% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Cape May Court House, NJ

As of Oct '25, Realtor.com reports that the median days on market for a home in Cape May Court House, NJ is 76. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$575,0001.0%
Listing Count
1104.0%
Listings as % of Homes1.1%4.0%
Days on Market
7624.0%
Loading chart...

Demographics — Cape May Court House, NJ

As of the latest ACS Survey released in 2023, Cape May Court House, NJ has a population of 17,300, which has increased by 5.3% over the past 5 years. Cape May Court House, NJ is a moderately popular place for families, as children make up 19.7% of the population. The area has a moderately educated workforce, with 32.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
17,3005.3%
% Under 18
19.7%-1.5%
% Seniors
23.7%14.5%
% WFH
7.9%172.4%
% w/ College Degree
32.9%20.1%
Loading chart...

As of the latest ACS Survey released in 2023, Cape May Court House, NJ is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Cape May Court House, NJ is black, making up 7.5% of the population. Foreign-born residents account for 4.3% of the population in Cape May Court House, NJ, and this percentage has increased by 30.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
80.3%-2.1%
% Black
7.5%-41.9%
% Hispanic
7.5%240.9%
% Asian
1.5%25.0%
% Foreign Born
4.3%30.3%
Loading chart...

Mortgage and Risk — Cape May Court House, NJ

According to HUD data as of 2023, there were 327 mortgage originations in Cape May Court House, NJ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Cape May Court House, NJ. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
327
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
4.0%
% Second Loans
14.0%
% Cash Out Refinance
14.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Cape May Court House, NJ

Cape May Court House, NJ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
41
Total Units Section 8
38
% Rentals under Section 8
2.6%
% Occupied Section 8
100.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$130$1,200$1,330
2 BedroomN/AN/A$1,740
3 BedroomN/AN/A$2,330
4 BedroomN/AN/A$2,330

Affordability — Cape May Court House, NJ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4
Median Home Price$442,000
Median Household Income$93,900

Cape May Court House, NJ — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions