Cape May Real Estate Market Overview

Could Cape May, NJ be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Cape May. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Cape May such as North... Cape May and West Cape May. When you’re ready, Trulia has 278 resale and new homes in Cape May lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$275,250

Median Sales Price

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$228

Price Per Sqft

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$1,500

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Cape May show a -3% year-over-year drop in median sales price and a 7% rise in median rent per month.

Median Sales Price
The median sales price for homes in Cape May for May 24 to Aug 23 was $275,250 based on 62 home sales.
Price Per Square Ft.
Average price per square foot for Cape May was $228, an increase of 3% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Cape May for Jul 24 to Aug 24 was $1,500.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Cape May can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1

Count of Burglary


Best Schools in Cape May

There are 5 schools in Cape May.

Elementary Schools
5

Cape May City Elementary School

Public, PK-6

N/A

Our Lady Star Of Sea School

Private, PK-8

N/A

West Cape May Elementary School

Public, PK-6

Middle Schools
2

Richard M Teitelman School

Public, 7-8

N/A

Our Lady Star Of Sea School

Private, PK-8

High Schools
3

Lower Cape May Reg High School

Public, 9-12


Demographics

Get to know your neighbors in Cape May by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
33%
Single residents
Home owners
77%
Home owners
Median age
50
Median age
Household income
$52,535
Median household income
College educated
30%
College educated

Commute

Most people in Cape May commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
94% commute by car
0% commute by bike
0% commute by public transportation
2% commute by foot

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