Cape May County, NJ Home Values & Market Trends
The median home price in Cape May County, NJ is $709,625.46. There were 3,576 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 $649,904.997. The number of current listings in Cape May County, NJ is 2,579, and the percentage of properties for sale is 89.08%. The county has 316 foreclosures, 7 bank owned properties, 32 headed for auction, and 2,579 properties for sale.
Cape May County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Ocean City | $ 1,548,598 $ 911/sqft | Rio Grande | $ 449,949 $ 271/sqft |
| Cape May | $ 653,186 $ 471/sqft | Sea Isle City | $ 1,685,921 $ 941/sqft |
| Wildwood | $ 738,281 $ 585/sqft | Cape May Point | $ 1,941,579 $ 1,477/sqft |
| Villas | $ 429,000 $ 421/sqft | Corbin City | $ 447,197 $ 206/sqft |
| Cape May Court House | $ 556,492 $ 312/sqft | West Cape May | $ 1,514,800 $ 864/sqft |
| Avalon | $ 4,014,148 $ 1,458/sqft | Del Haven | $ 501,016 $ 690/sqft |
| Woodbine | $ 378,554 $ 252/sqft | Dennis | $ 62,500 $ 260/sqft |
| Stone Harbor | $ 4,144,758 $ 2,034/sqft | North Cape May | $ 1,451,320 $ 1,076/sqft |
| Ocean View | $ 549,000 $ 281/sqft | North Wildwood | $ 984,573 $ 302/sqft |
| Marmora | $ 479,000 $ 295/sqft | West Wildwood | $ 660,773 $ 442/sqft |
Housing Market Summary for Cape May County, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $697.4K | $772.3K | 10.74% |
| Median Sold Price | $657.7K | $772.3K | 17.43% |
| Homes For Sale | 1,609 | 2,891 | 79.68% |
| Homes Sold | 1,314 | 1,627 | 23.82% |
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 $16,281 to $24,286,042. Avalon is the priciest city with a median listing home price of $4,495,000, and West Cape May is most affordable with average house prices of around $$[sub-market-agg-lowest-median-list-price].
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in Cape May County, NJ with Cape May Court House containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 28 cities within Cape May County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $5,244,861 in Ocean City to the lowest home value of $71,237 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 $643,500 in Cape May Court House to the lowest value of $196,505 in Cape May Court House. Bank owned homes and properties account for 0.01% of properties in Cape May County, NJ. There are 28 cities within Cape May County, NJ; Cape May Court House containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWildwood has 7 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 0.03% of all properties in Cape May County, NJ. There are 28 cities within Cape May County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $5,924,059 in Ocean City to the lowest value of $198,358 in Ocean City.