All Home Types
Cape May, NJ Housing Market
What is the housing market like in Cape May today?
In June 2025, Cape May home prices were up 6.7% compared to last year, selling for a median price of $913K. On average, homes in Cape May sell after 16 days on the market compared to 61 days last year. There were 10 homes sold in June this year, up from 6 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$912,500
+6.7% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Cape May, NJ
$912,500
+6.7%
United States
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Cape May Migration & Relocation Trends
In Feb '25 - Apr '25, 25% of Cape May homebuyers searched to move out of Cape May, while 75% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Cape May from outside metros.
- New York homebuyers searched to move into Cape May more than any other metro followed by Los Angeles and Washington.
Where are people moving to Cape May from?
- 75% of Cape May homebuyers searched to stay within the Cape May metropolitan area.
- Salisbury was the most popular destination among Cape May homebuyers followed by Harrisburg and Allentown.
Where are people from Cape May moving to?
Number of People Moving to Cape May
least
most
People are moving to Cape May from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 4,619 | ||
| 2 | 738 | ||
| 3 | 491 | ||
| 4 | 171 | ||
| 5 | 54 | ||
| 6 | 45 | ||
| 7 | 33 | ||
| 8 | 27 | ||
| 9 | 7 | ||
| 10 | 4 | ||
People are leaving Cape May for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 1,779 | ||
| 2 | 1,772 | ||
| 3 | 1,322 | ||
| 4 | 761 | ||
| 5 | 716 | ||
| 6 | 561 | ||
| 7 | 513 | ||
| 8 | 452 | ||
| 9 | 402 | ||
| 10 | 398 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cape May.
Provided by First Street Foundation
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