Housing in North Cape May, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$525,000

Median List Price

$654,500

Price Per Sq Ft

$455

Days on Market

29

Active Inventory

11

Months of Supply

2.2

Seller's market

Price Trends

Source: Redfin
Sale Price 11.2%List Price 47.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

37.5%

Sale-to-List Ratio

98.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
37.5%
Listings with Price Drops
18.2%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

4

Pending Sales

8

Homes Sold 16.7%New Listings 20.0%Pending 33.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$455

Median List $/SF

$536

Sale $/SF 5.8%List $/SF 29.5%Mar 24Jan 26

North Cape May vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. North Cape May is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$323,900

Median Rent

$1,331

Total Housing Units

2,997

Vacancy Rate

35.0%

Owner Occupied

77.6%

Renter Occupied

22.4%

Median Property Tax

$3,997

per year

Monthly Cost (w/ Mortgage)

$1,441

Housing Types

Single Family
93.5%
Multi-Family
6.5%
Mobile Home
0.0%

The current median sale price in North Cape May, NJ is $525,000 according to Redfin data. Homes spend a median of 29 days on the market. 0.0% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $455. The median rent is $1,331 per month (Census ACS). About 77.6% of housing units are owner-occupied. The median year homes were built is 1967. There are 2,997 total housing units.