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Cape May, NJ Real Estate & Property Data

Cape May Real Estate Market Trends

Last Updated: September 13, 2025

Accurate and comprehensive real estate data is critical for insight into Cape May, NJ 08204. ATTOM’s Cape May real estate data is updated daily, and current market trends show that in Cape May, NJ a total of 472 residential properties have sold over the past year. With a median home price of $600,000 in Cape May. Get detailed property data for Cape May, NJ instantly. ATTOM is your one-stop-shop for the Cape May property reports and real estate data you need in Cape May, NJ.

Cape May Real Estate Market Trends

Get property data for any address in Cape May, NJ or the country:

Total Residential Properties 11,637

Total Commercial Properties 369

Avg. Home Age (Single Family Home) 52 Years

Avg. Square Feet (Single Family Home) 1,707

Total 2025 Residential Sales (year-to-date) 222

% of Homes Seriously Underwater (Q3 2025) 0.57%

Total 2024 Residential Sales 418

% of Equity Rich Homes (Q3 2025) 49.97%

Effective 2024 Property Tax 0.59%

Total Foreclosure Filings (year-to-date) 8

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Cape May, NJ 08204 Real Estate Overview

There were 472 residential properties sold in the past year in Cape May, NJ 08204. The median home value in Cape May, NJ 08204 is $743,200. There are a total of 11,637 residential properties in the 08204.

Median Sales Price i

$600,000

(Jun 2025)

-4%

year-over-year

y-o-y

June '25 Jun '25 $600,000
May '25 May '25 $552,000
April '25 Apr '25 $537,000
March '25 Mar '25 $599,900
February '25 Feb '25 $932,000
January '25 Jan '25 $469,500
December '24 Dec '24 $670,000
November '24 Nov '24 $432,500
October '24 Oct '24 $932,000
September '24 Sep '24 $645,000
August '24 Aug '24 $550,000
July '24 Jul '24 $650,000

Median Down Payment i

$300,000

(Jun 2025)

+206.1%

year-over-year

y-o-y

June '25 Jun '25 $300,000
May '25 May '25 $215,625
April '25 Apr '25 $181,000
March '25 Mar '25 $147,500
February '25 Feb '25 $399,600
January '25 Jan '25 $143,750
December '24 Dec '24 $150,000
November '24 Nov '24 $167,600
October '24 Oct '24 $184,775
September '24 Sep '24 $200,000
August '24 Aug '24 $225,000
July '24 Jul '24 $195,000

Number of Homes Sold i

42

(Jun 2025)

+90.9%

year-over-year

y-o-y

June '25 Jun '25 42
May '25 May '25 48
April '25 Apr '25 33
March '25 Mar '25 42
February '25 Feb '25 16
January '25 Jan '25 41
December '24 Dec '24 38
November '24 Nov '24 36
October '24 Oct '24 49
September '24 Sep '24 44
August '24 Aug '24 29
July '24 Jul '24 32

Number of Purchase Loans i

21

(Jun 2025)

+133.3%

year-over-year

y-o-y

June '25 Jun '25 21
May '25 May '25 15
April '25 Apr '25 20
March '25 Mar '25 15
February '25 Feb '25 2
January '25 Jan '25 23
December '24 Dec '24 19
November '24 Nov '24 16
October '24 Oct '24 19
September '24 Sep '24 22
August '24 Aug '24 13
July '24 Jul '24 15

Number of REFI Loans i

24

(Jun 2025)

+118.2%

year-over-year

y-o-y

June '25 Jun '25 24
May '25 May '25 24
April '25 Apr '25 30
March '25 Mar '25 20
February '25 Feb '25 20
January '25 Jan '25 15
December '24 Dec '24 22
November '24 Nov '24 19
October '24 Oct '24 27
September '24 Sep '24 28
August '24 Aug '24 18
July '24 Jul '24 19

Cape May, NJ 08204 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
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Cape May, NJ 08204 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 2
April '25 Apr '25 3
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 2
December '24 Dec '24 3
November '24 Nov '24 1
October '24 Oct '24 6
September '24 Sep '24 2
August '24 Aug '24 1
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 3
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 3
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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