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Cape May Market Report

$1,752,917

AVERAGE PRICE OF 24 HOMES

$2,634,923

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$3,095,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,840,333

AVERAGE PRICE OF 3 HOMES WITH A POOL

$3,327,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,752,917
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $735,780
2 bedrooms $1,015,689
3 bedrooms $819,900
4 bedrooms $3,313,333
5 bedrooms $2,995,000
Cape May Home Price Trends
  1/2026 12/2025 11/2025 10/2025 9/2025
Total Listings 24 27 30 35 42
Average Price $1,901,419 $1,956,155 $2,117,643 $2,135,906 $2,037,264
Avg Price Change -2.88% -8.26% -0.86% +4.84% +2.68%
Median Price $1,596,633 $2,023,200 $2,160,500 $2,047,467 $1,842,831
Med Price Change -26.72% -6.79% +5.52% +11.10% +2.05%
Avg Bedrooms 3.67 beds 3.94 beds 4.14 beds 4.15 beds 4.01 beds
Avg Bathrooms 2.77 baths 2.91 baths 3.1 baths 3.02 baths 2.81 baths
Total Homes Average Price Avg Days on Site
All Homes 24 $1,752,917 121 days
Multi-Million Dollar Homes 13 $2,634,923 141 days
Newly Built Homes 2 $3,095,000 278 days
Homes with a Pool 3 $1,840,333 53 days
Reduced Price Homes 2 $3,327,500 154 days

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