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…
Cape May County is cooling and overvalued — severely unaffordable for what people here earn.
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
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 →
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?
Are home prices in Cape May County rising or falling?
Is Cape May County affordable?
What is the rental yield in Cape May County?
How fast do homes sell in Cape May County?
| Year | Median 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 |