Active Listings
134
— vs 134 last year
CAPE MAY, NJ 08204
Real Estate Market Report · Cape May County
Balanced Market
April 2026 · Source: Realtor.com
Market Analysis
Data as of April 2026. Source: Realtor.com.
The CAPE MAY, NJ real estate market (08204) currently shows 134 active listings, with 53 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 46 days on market compared to 45 days last year.
The median listing price has risen 28.3% year-over-year, from $857,500 to $1,100,000.
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Market Context
Market Context
Population: 17,392 · Density: 328.2/mi² · Median household income: $76,624
Typical home value: $348,874 · Homeownership: 77.8%
Market Overview
Pending
53
40% pending ratio
Median Price
$1,100,000
⇧ 28.3% vs $857,500 last year
Average Price
$1,482,066
⇧ 24.5% vs $1,190,255 last year
Days on Market
46
⇧ 2.2% vs 45 days last year
Price Per Square Foot
Median $/sqft
$805
⇧ 43.2% vs $562/sqft last year
Median Home Size
1,669 sqft
Typical listing size
12-Month $/sqft Trend
Market Trends
Inventory & Days on Market
Year over Year
- Days on market: 46 now vs 45 last year
Median & Average Pricing
Year over Year
- Median: $1,100,000 (+28.3% YoY)
- Average: $1,482,066 (+24.5% 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
Price Per Sqft
Price Reduced %
Nearby Real Estate Markets
Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets
within 23.8 miles —
1,008 listings
($1,267,241,572 combined market value)
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 08204 | Cape May, NJ 08204 | 0.0 mi | 105 | $147,333,270 | $874,750 | $1,403,174 |
| 08242 | Rio Grande, NJ 08242 | 3.7 mi | 31 | $14,593,808 | $461,490 | $470,768 |
| 08260 | Wildwood, NJ 08260 | 4.6 mi | 296 | $258,490,880 | $644,929 | $873,280 |
| 08247 | Stone Harbor, NJ 08247 | 9.2 mi | 30 | $162,716,640 | $4,997,000 | $5,423,888 |
| 08202 | Avalon, NJ 08202 | 12.7 mi | 67 | $224,347,892 | $3,349,000 | $3,348,476 |
| 08246 | South Seaville, NJ 08246 | 16.7 mi | 2 | $464,900 | $232,450 | $232,450 |
| 08243 | Sea Isle City, NJ 08243 | 17.3 mi | 64 | $129,575,616 | $2,147,500 | $2,024,619 |
| 08327 | Leesburg, NJ 08327 | 19.6 mi | 7 | $2,004,100 | $325,000 | $286,300 |
| 08248 | Strathmere, NJ 08248 | 20.7 mi | 6 | $13,213,500 | $2,110,000 | $2,202,250 |
| 08270 | Woodbine, NJ 08270 | 21.1 mi | 16 | $11,221,808 | $429,250 | $701,363 |
| 19958 | Lewes, DE 19958 | 21.4 mi | 373 | $301,177,358 | $661,225 | $807,446 |
| 08349 | Port Norris, NJ 08349 | 21.7 mi | 10 | $1,846,800 | $213,750 | $184,680 |
| 08348 | Port Elizabeth, NJ 08348 | 23.8 mi | 1 | $255,000 | $255,000 | $255,000 |
Frequently Asked Questions
How many homes are for sale in CAPE MAY, NJ 08204?
As of April 2026, there are 134 active listings in CAPE MAY, NJ (zip code 08204), compared to 134 the prior year.
What is the median home price in CAPE MAY, NJ 08204?
The median listing price in CAPE MAY, NJ 08204 is $1,100,000 as of April 2026, a 28.3% increase from $857,500 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 46 days on the market before going under contract, compared to 45 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 April 2026, CAPE MAY, NJ 08204 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 46 days on market compared to 45 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 $22,000 compared to a typical 5% commission on the median listing price of $1,100,000. 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.