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Cape May

Cape May Market Report

$1,769,192

AVERAGE PRICE OF 25 HOMES

$2,317,000

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$3,945,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$2,019,833

AVERAGE PRICE OF 6 HOMES WITH A POOL

Average Home

Average Price $1,769,192
Avg Bedrooms 3.64 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $672,225
2 bedrooms $997,000
3 bedrooms $1,394,450
4 bedrooms $2,685,000
5 bedrooms $2,333,000
Cape May Home Price Trends
  7/2026 6/2026 5/2026 4/2026 3/2026
Total Listings 28 n/a n/a 34 29
Average Price $1,940,451 n/a n/a $1,916,185 $1,802,828
Avg Price Change n/a n/a n/a +6.29% -0.04%
Median Price $1,772,303 n/a n/a $1,697,350 $1,338,050
Med Price Change n/a n/a n/a +26.85% -3.43%
Avg Bedrooms 3.8 beds n/a n/a 3.87 beds 3.5 beds
Avg Bathrooms 2.62 baths n/a n/a 2.72 baths 2.57 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 25 $1,769,192 102 days
Multi-Million Dollar Homes 16 $2,317,000 113 days
Newly Built Homes 1 $3,945,000 49 days
Homes with a Pool 6 $2,019,833 97 days