Cape May County, NJ Home Values & Market Trends
The median home price in Cape May County, NJ is $744,386. There were 3,826 home sales in Cape May County, NJ over the past 12 months. The median residential Cape May County, NJ home value for transactions over the previous year is $592,026. The number of current listings in Cape May County, NJ is 2,559, and the percentage of properties for sale is 2559.00%. The county has 328 foreclosures, 3 bank owned properties, 29 headed for auction, and 2,559 properties for sale.
Cape May County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Ocean City | $ 1,723,422 $ 942/sqft | Ocean View | $ 559,080 $ 276/sqft |
| Cape May | $ 664,486 $ 491/sqft | Marmora | $ 531,441 $ 286/sqft |
| Wildwood | $ 824,784 $ 593/sqft | Rio Grande | $ 449,900 $ 276/sqft |
| Villas | $ 439,575 $ 435/sqft | Sea Isle City | $ 1,867,628 $ 1,246/sqft |
| Cape May Court House | $ 565,800 $ 315/sqft | Cape May Point | $ 2,049,500 $ 1,266/sqft |
| Avalon | $ 4,503,468 $ 1,523/sqft | Dennisville | $ -- $ -- |
| Woodbine | $ 364,846 $ 248/sqft | South Dennis | $ -- $ -- |
| Stone Harbor | $ 4,597,216 $ 2,189/sqft |
Housing Market Summary for Cape May County, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $700K | $739K | 5.57% |
| Median Sold Price | $715.4K | $745.7K | 4.24% |
| Homes For Sale | 1,791 | 2,598 | 45.06% |
| Homes Sold | 1,313 | 1,653 | 25.89% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cape May County, NJ
Browse Homes in Cape May County, NJ
Cape May County, NJ home values range from $24,225 to $24,910,973. Stone Harbor is the priciest city with a median listing home price of $4,495,000, and Woodbine is most affordable with average house prices of around $404,450.
- Pre-ForeclosurePre-foreclosure homes account for 5.93% of all residential properties in Cape May County, NJ with Cape May Court House containing 50 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Cape May County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,159,558 in Cape May Point to the lowest home value of $74,790 in Wildwood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cape May County, NJ ranges from the highest value of $0 in Cape May Court House to the lowest value of $356,791 in Cape May. Bank owned homes and properties account for 0.06% of properties in Cape May County, NJ. There are 15 cities within Cape May County, NJ; Rio Grande containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWoodbine has 6 auction properties, the highest number of properties going to auction in a single city in the state of Cape May County, NJ. Auction homes and other auction properties account for 0.58% of all properties in Cape May County, NJ. There are 15 cities within Cape May County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $594,500 in Sea Isle City to the lowest value of $226,272 in Sea Isle City.
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More Real Estate Resources for Cape May County, NJ
Guide for Cape May County, NJ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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