Real-Time Market Report

Cape May County, NJ

Single-Family Homes

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Cape May County, NJ

Mon Sep 21 2026
This week the median list price for Cape May County, NJ is $999,450 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 396. Click here to stay informed with the Cape May County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Cape May County, NJ

Mon Sep 21 2026
This week the median list price for Cape May County, NJ is $999,450 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 396. Click here to stay informed with the Cape May County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Cape May County market.
Median List Price $999,450
Median Price of New Listings $651,950
Per Square Foot $582
Average Days on Market 109
Median Days on Market 70
Price Decreased 30%
Price Increased 2%
Relisted 10%
Inventory 396
Median Rent
Market Action 34
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,495,000 3,264 0 - 4,500 sqft 5 4.5 4 4 4 126
$1,700,000 2,380 0 - 4,500 sqft 4 3 28 6 8 84
$699,000 1,882 8,000 - 10,000 sqft 3 2 49 13 5 35
$429,542 1,148 0 - 4,500 sqft 3 1.5 56 9 19 42