08204 Home Values & Market Trends

There are 346 homes currently listed for 08204. 08204 real estate market trends show that home prices range from $9,000 to $3,995,000, and the median sales price in the 08204 zip code is $689,025.3. The total number of properties sold within the past twelve months is 451. In 08204, 47 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

08204 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value

Housing Market Summary for 08204

Feb 2025February 2026Change
Median Listing Price$699.9K$725K3.59%
Median Sold Price$686.9K$725K5.55%
Homes For Sale58349501.72%
Homes Sold246204-17.07%
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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%.

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Recently Sold Homes

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Browse Homes in 08204

The median list price of a home in Cape May, is $689,025.3. A total of 346 properties are for sale, and the percentage of properties for sale in the zip code is 88.04%. The total count of 08204 properties is 11,854.

Foreclosure
There is 1 cities within 08204; within this cities, the median estimated home value for homes in foreclosure ranges from $1,294,000 in Cape May to the lowest value of $245,300 in Cape May. Foreclosure homes account for 0.00% of properties in 08204 with Cape May containing 46 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.39% of all residential properties in 08204 with Cape May containing 45 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08204; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,294,000 in Cape May to the lowest home value of $245,300 in Cape May.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08204 ranges from the highest value of $330,900 in Cape May to the lowest value of $330,900 in Cape May. Bank owned homes and properties account for 0.01% of properties in 08204. There is 1 cities within 08204; Cape May containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 08204. Auction homes and other auction properties account for 0% of all properties in 08204. There is 1 cities within 08204; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 2.92% of residential properties in 08204 with Cape May containing 324 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08204; homes for sale in that cities, have a range of median values from $3,560,000 in Cape May to the lowest value of $245,300 in Cape May.
    Sold Homes
    The median value for recently sold homes ranges from $3,564,000 in Cape May to the lowest price of $255,800 in Cape May. There is 1 cities within 08204. Cape May has 207 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.75% of properties in 08204.

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      Recently Listed Homes 08204

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