Active Listings
102
⇩ 1% vs 103 last year
CAPE MAY, NJ 08204
Real Estate Market Report · Cape May County
Seller's Market
January 2026 · Source: Realtor.com
Market Overview
Pending
40
39% pending ratio
Median Price
$834,450
⇩ 16.1% vs $994,475 last year
Average Price
$1,325,692
⇩ 7.5% vs $1,432,662 last year
Days on Market
78
⇩ 2.5% vs 80 days last year
Market Context
Population: 17,392 · Density: 328.2/mi² · Median household income: $76,624
Typical home value: $348,874 · Homeownership: 77.8%
Market Analysis
Data as of January 2026. Source: Realtor.com.
The CAPE MAY, NJ real estate market (08204) currently shows 102 active listings, with 40 pending sales. Homes are averaging 78 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 78 days on market compared to 80 days last year.
The median listing price has fallen 16.1% year-over-year, from $994,475 to $834,450.
Whether you are buying or selling in CAPE MAY, NJ, Whether he's crunching the data or closing the deal, Graham consistently delivers results. Graham Ginn at Berger Realty is your local expert ready to help. 609-602-4884
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Market Trends
Inventory & Days on Market
Year over Year
- Listings: 102 this year vs 103 last year
- Days on market: 78 now vs 80 last year
Median & Average Pricing
Year over Year
- Median: $834,450 (-16.1% YoY)
- Average: $1,325,692 (-7.5% YoY)
12-Month Price Trend
Median & Average
- Median and average listing prices over the past 12 months
12-Month Inventory Trend
Active & Pending
- Active and pending listing counts over the past 12 months
Historical Trend Charts
Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Nearby Real Estate Markets
Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets
within 22.9 miles —
943 listings
($1,190,151,190 combined market value)
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 08204 | Cape May, NJ 08204 | 0.0 mi | 102 | $135,220,584 | $834,450 | $1,325,692 |
| 08242 | Rio Grande, NJ 08242 | 3.7 mi | 31 | $14,910,597 | $473,990 | $480,987 |
| 08260 | Wildwood, NJ 08260 | 4.6 mi | 266 | $224,454,790 | $612,500 | $843,815 |
| 08247 | Stone Harbor, NJ 08247 | 9.2 mi | 26 | $176,029,880 | $4,774,500 | $6,770,380 |
| 08202 | Avalon, NJ 08202 | 12.7 mi | 61 | $212,464,403 | $3,399,000 | $3,483,023 |
| 08246 | South Seaville, NJ 08246 | 16.7 mi | 1 | $225,000 | $225,000 | $225,000 |
| 08243 | Sea Isle City, NJ 08243 | 17.3 mi | 62 | $117,712,084 | $1,674,000 | $1,898,582 |
| 08327 | Leesburg, NJ 08327 | 19.6 mi | 6 | $1,798,998 | $325,000 | $299,833 |
| 08248 | Strathmere, NJ 08248 | 20.7 mi | 6 | $14,086,998 | $2,467,000 | $2,347,833 |
| 08270 | Woodbine, NJ 08270 | 21.1 mi | 20 | $13,531,720 | $459,500 | $676,586 |
| 19958 | Lewes, DE 19958 | 21.4 mi | 348 | $276,910,908 | $649,900 | $795,721 |
| 08349 | Port Norris, NJ 08349 | 21.7 mi | 13 | $2,555,228 | $210,000 | $196,556 |
| 08315 | Dividing Creek, NJ 08315 | 22.9 mi | 1 | $250,000 | $250,000 | $250,000 |
Frequently Asked Questions
How many homes are for sale in CAPE MAY, NJ 08204?
As of January 2026, there are 102 active listings in CAPE MAY, NJ (zip code 08204), compared to 103 the prior year.
What is the median home price in CAPE MAY, NJ 08204?
The median listing price in CAPE MAY, NJ 08204 is $834,450 as of January 2026, a 16.1% decrease from $994,475 the prior year.
How long do homes stay on the market in CAPE MAY, NJ?
Homes in CAPE MAY, NJ 08204 spend an average of 78 days on the market before going under contract, compared to 80 days the prior year.
Is it a seller's or buyer's market in CAPE MAY, NJ 08204?
Based on current inventory and days-on-market data as of January 2026, CAPE MAY, NJ 08204 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 78 days on market compared to 80 days last year.
How much can I save on real estate commission in CAPE MAY, NJ?
With SELL123.com's maximum 3% commission, sellers in CAPE MAY, NJ 08204 save an estimated $16,689 compared to a typical 5% commission on the median listing price of $834,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.