The The Cape housing market is very competitive. The median sale price of a home in The Cape was $500K last month, up 11.7% since last year. The median sale price per square foot in The Cape is $243, up 16.3% since last year.
What is the housing market like in The Cape today?
In April 2024, The Cape home prices were up 11.7% compared to last year, selling for a median price of $500K. On average, homes in The Cape sell after 11 days on the market compared to 9 days last year. There were 3 homes sold in April this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$500,000
+11.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
The Cape, NC
$500,000
+11.7%
United States
To compare other locations to the The Cape and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Sea Breeze add value to a home.
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How hot is the The Cape housing market?
The Cape is very competitive. Homes sell in 16 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.1%
-0.82 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
The Cape, NC
98.1%
-0.82 pt
United States
Home offer insights for The Cape
Explore recent offers and recently sold homes in The Cape
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on The Cape housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Cape.
Risk Factor
Flood Factor - Extreme
64% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Cape has an extreme risk of flooding. 299 properties in The Cape are likely to be
severely affected
by flooding over the next 30 years. This represents 64% of all properties in The Cape. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Cape has a moderate risk of wildfire. There are 563 properties in The Cape that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in The Cape.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
The Cape has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Cape is most at risk from hurricanes. 573 properties in The Cape have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 146 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 156 mph.