Cape May, NJ—08204
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$680,000
1.2% YoY Growth
Household Income
$80,800
20.0% YoY Growth
Days on Market
72
9.0% Longer YoY
Home Price Forecast
3.9%
Median Rent
$1,410
13.7% YoY Growth
1-Bed Rent
$1,410
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$3,250
20.4% YoY Growth
Home Price Trends — Cape May, NJ
As of Nov '25, the median home price in Cape May, NJ is $680,000, with a year-over-year change of 1.2%. This indicates that home prices in Cape May, NJ are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $680,000 | 1.2% |
| Single Family | $663,000 | 0.8% |
| Condos | $785,000 | 5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |