Cape May County Market Statistics

Real Estate Data & Trends

Data updated: March 2026 | Source: Cape May County Tax Records

County Overview

85,156

Total Properties

$356K

Median Value

$594K

Average Value

10,677

$1M+ Properties

56,136

Under $500K

Statistics by Community

CommunityPropertiesMedian ValueAverage ValuePrice RangeAvg Year Built
Estell Manor1$1.96M$1.96M$1.96M - $1.96M2009
Avalon237$1.03M$1.77M$78K - $20.45M1997
Avalon5,468$1.35M$1.74M$55K - $22.81M1987
Stone Harbor260$794K$1.67M$220K - $23.72M1953
Stone Harbor3,031$1.35M$1.61M$102K - $11.85M1977
Cape May City2$1.41M$1.41M$100K - $2.72MN/A
Whitesboro2$1.08M$1.08M$149K - $2.01M1963
Cape May338$490K$1.01M$50K - $43.09M1969
Strathmere2$794K$794K$480K - $1.11M1970
Wildwood Crest275$415K$772K$51K - $12.46M1980
Cape May Point710$689K$747K$108K - $11.03M1966
North Wildwood158$396K$714K$105K - $6.20M1968
Sea Isle City475$485K$703K$60K - $21.77M1983
Sea Isle City5,617$627K$685K$72K - $10.06M1987
Strathmere472$577K$674K$54K - $3.00M1968

* Values shown are assessed values from Cape May County tax records, not MLS listing prices. Actual market values may be higher.

Property Types

Market Insights

Premium Communities

Avalon and Stone Harbor consistently command the highest property values in Cape May County, with median values often exceeding $1.5 million. These Seven Mile Island communities offer larger lots, upscale amenities, and pristine beaches that justify premium pricing.

Best Value Markets

North Wildwood, Wildwood, and Cape May Court House offer the most affordable entry points into the Cape May County market, with median values under $400,000. These communities provide excellent rental income potential relative to purchase price.

Investment Considerations

Properties near beaches and boardwalks typically generate 5-8% gross rental yields during summer months. Ocean City and the Wildwoods see the highest rental demand due to their family-friendly attractions and free beaches (Wildwoods).

Get Personalized Market Analysis

These statistics provide a broad overview. For specific property valuations and neighborhood insights, contact Bob Idell for a personalized market analysis.