Real Estate Price Maphome prices by county

Cape May County, NJ home prices

Cape May County, NJ: the typical home is worth $802,509 as of 2026-05, up +7.2% over the past year and +387.2% since 2000. Listings run about $681/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Cape May County is cooling and overvalued — severely unaffordable for what people here earn.

Momentum+7.2%Cooling
Valuation+108%High bubble risk
Affordability1/10Severely unaffordable
Market65 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $36,024 → 2026: $802,509 (22.3×) pre-2000 estimated via FHFA index

Typical value$802,5092026-05
1-year+7.2%
5-year+44.6%
10-year+106.7%
Since 2000+387.2%
Population93k2024
Median income$81,0072023 · 9.9× income
Median rent$2,254/mo2026 · 3.4% gross yield
New homes/yr8952024
Price / sq ft$681listings
Days on market652026-06
Active listings8962026-06
Price cuts14%of listings

Market read

At $802,509, homes in Cape May County sit 37% above the New Jersey median ($587,181) and 243% above the US median ($233,954). That ranks #1 of 21 New Jersey counties by price.

Prices are climbing fast (+7.2% in the last year) — a seller's market.

Homes here take a while to sell — a median 65 days on the market, with 14% of listings cutting their asking price.

At 9.9× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~108% expensive for local incomes and rents.

Renting looks cheaper — buying the typical home runs ~$3,961/mo (P&I, 20% down) vs $2,254/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Cumberland County, NJ ($278,798) · Atlantic County, NJ ($384,208) · Kent County, DE ($372,161) · Sussex County, DE ($489,991) · Salem County, NJ ($297,535) · Gloucester County, NJ ($384,723)

Frequently asked questions

What is the average home price in Cape May County, NJ?
The typical home in Cape May County is worth $802,509 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Cape May County rising or falling?
Prices are up +7.2% over the past year and +387.2% since 2000 — a seller's market.
Is Cape May County affordable?
At 9.9× the local median income of $81,007, Cape May County is pricier than the typical US county.
What is the rental yield in Cape May County?
Median rent is $2,254/mo — a gross rental yield of 3.4% on the typical home.
How fast do homes sell in Cape May County?
Homes here take a median of 65 days to sell, with 14% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$164,708
2001$185,046
2002$212,023
2003$248,034
2004$302,741
2005$370,545
2006$435,883
2007$446,093
2008$416,507
2009$415,966
2010$389,334
2011$374,509
2012$358,962
2013$373,044
2014$378,241
2015$381,467
2016$387,438
2017$395,043
2018$409,405
2019$425,838
2020$446,416
2021$508,737
2022$639,946
2023$678,940
2024$711,316
2025$748,649
2026$778,726