Cape May County, NJ Housing Market

$713,018

4.8% 1-yr

The average Cape May County, NJ home value is $713,018, up 4.8% over the past year and goes to pending in around 40 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Cape May County Key Takeaways

Typical Home Values: $713,018

1-year Value Change: +4.8%

(Data through March 31, 2025)

Cape May County Housing Market Overview

--1-year Market Forecast

792For sale inventory(March 31, 2025)

230New listings(March 31, 2025)

0.979Median sale to list ratio(February 28, 2025)

$681,250Median sale price(February 28, 2025)

$743,117Median list price(March 31, 2025)

14.2%Percent of sales over list price(February 28, 2025)

68.4%Percent of sales under list price(February 28, 2025)

40Median days to pending(March 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Cape May County

NameMedian ZHVI
Cape May Court House$420,999
Stone Harbor$2,367,776
Rio Grande$400,811
Villas$362,527
Wildwood$595,324
Avalon$2,534,463
Cape May$661,344
Delmont--
Sea Isle City$1,325,709

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Cape May County Homes for Sale

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Cape May County Rental Market Trends

$2,476Average rent in Cape May County(March 31, 2025)

$2,005National average rent(March 31, 2025)

2.6%Month-over-month change(March 31, 2025)

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.