08204 Home Values & Market Trends
There are 464 homes currently listed for 08204. 08204 real estate market trends show that home prices range from $9,000 to $6,495,000, and the median sales price in the 08204 zip code is $677,705.41. The total number of properties sold within the past twelve months is 416. In 08204, 49 properties are in foreclosure, 2 are bank owned properties,and 4 are headed for auction.
08204 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|
Housing Market Summary for 08204
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $729K | $746.2K | 2.36% |
| Median Sold Price | $600K | $746.2K | 24.37% |
| Homes For Sale | 91 | 456 | 401.10% |
| Homes Sold | 217 | 207 | -4.61% |
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 08204
Browse Homes in 08204
The median list price of a home in Cape May, is $677,705.41. A total of 464 properties are for sale, and the percentage of properties for sale in the zip code is 90.45%. The total count of 08204 properties is 12,584.
- Pre-ForeclosurePre-foreclosure homes account for 0.34% of all residential properties in 08204 with Cape May containing 43 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 $1,757,662 in Cape May to the lowest home value of $152,290 in Cape May.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08204 ranges from the highest value of $331,210 in Cape May to the lowest value of $236,561 in Cape May. Bank owned homes and properties account for 0.02% of properties in 08204. There is 1 cities within 08204; Cape May containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCape May has 4 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 0.03% 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 $452,786 in Cape May to the lowest value of $386,445 in Cape May.