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Cape May

Cape May Market Report

$2,158,220

AVERAGE PRICE OF 35 HOMES

$2,639,654

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$2,468,750

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$2,558,750

AVERAGE PRICE OF 4 HOMES WITH A POOL

$6,495,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $2,158,220
Avg Bedrooms 4.09 beds
Avg Bathrooms 2.89 baths

Average Price by Bedrooms

1 bedroom $499,000
2 bedrooms $964,750
3 bedrooms $1,177,933
4 bedrooms $2,153,656
5 bedrooms $2,895,000
Cape May Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 31 29 30 24 28
Average Price $2,093,455 $2,040,884 $1,843,276 $2,072,530 $2,234,769
Avg Price Change +2.58% +10.72% -12.44% -7.83% +4.25%
Median Price $1,785,683 $1,673,362 $1,491,750 $1,632,000 $2,177,833
Med Price Change +6.71% +12.17% -9.40% -33.45% +2.45%
Avg Bedrooms 3.85 beds 3.68 beds 3.6 beds 3.97 beds 4.27 beds
Avg Bathrooms 2.81 baths 2.68 baths 2.48 baths 2.77 baths 3.02 baths
Total Homes Average Price Avg Days on Site
All Homes 35 $2,158,220 116 days
Multi-Million Dollar Homes 26 $2,639,654 131 days
Newly Built Homes 4 $2,468,750 361 days
Homes with a Pool 4 $2,558,750 109 days
Reduced Price Homes 1 $6,495,000 73 days
Teresa M DiPeso & The DiPeso Group EXP Realty
Teresa M. DiPeso
101 W First Avenue
North Wildwood, NJ 08260
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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