Cape May Point—08212
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cape May Point
As of Oct '25, the median home price in Cape May Point is $1,469,000, with a year-over-year change of -2.2%. This indicates that home prices in Cape May Point are decreasing. According to Zillow, the 1-year price projection is 5.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,469,000 | -2.2% |
| Single Family | $1,489,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cape May Point
Cape May Point lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Cape May Point
As of Oct '25, Realtor.com reports that the median days on market for a home in Cape May Point is 33. This is a decrease of -39.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,050,000 | 40.0% |
Listing Count | 7 | 31.0% |
| Listings as % of Homes | 0.9% | 31.0% |
Days on Market | 33 | -39.0% |
Demographics — Cape May Point
As of the latest ACS Survey released in 2023, Cape May Point has a population of 155, which has decreased by -17.6% over the past 5 years. Cape May Point is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 60.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 155 | -17.6% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 76.1% | 17.3% |
% WFH | 11.3% | -72.2% |
% w/ College Degree | 60.6% | -15.0% |
As of the latest ACS Survey released in 2023, Cape May Point is a predominantly white area, with 76.8% of the population identifying as white. The white population has shrunk by 23.2% in the last 5 years. The second most common race or ethnicity in Cape May Point is black, making up 17.4% of the population. Foreign-born residents account for 16.8% of the population in Cape May Point, and this percentage has increased by 58.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.8% | -23.2% |
% Black | 17.4% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 3.9% | ∞% |
% Foreign Born | 16.8% | 58.5% |
Mortgage and Risk — Cape May Point
Cape May Point lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Cape May Point
Cape May Point lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | ∞% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | N/A | N/A | $1,500 |
| 3 Bedroom | N/A | N/A | $2,010 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — Cape May Point
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 15.3 |
| Median Home Price | $1,469,000 |
| Median Household Income | $88,300 |