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Cape May Point, NJ
Full City Profile · New Jersey · Cape May County County
3.3
/5.0
B
Good
155
Population
517/sq mi density
$88,333
Median Income
$150,725 per capita
$987,200
Home Value
$1,496,189 Zillow
56°F
Avg Temperature
293 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,333 median income, 0.0% unemployment
F
Affordability
1.0 / 5.0
$987,200 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
60.6% bachelor's degree or higher
Housing Overview
Median Home Value
$987,200
250% above
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
676
Median year built: 1964
Home Value by Source
Census Median
$987,200
Zillow (ZHVI)
$1,496,189
Median Sale Price
$2,985,000
Median List Price
$2,299,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Market Indicators (Redfin)
Median Days on Market
344 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$0
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $987,200 |
| Zillow Home Value (ZHVI) | $1,496,189 |
| Median Sale Price | $2,985,000 |
| Median List Price | $2,299,999 |
| Price Per Sq Ft | $0 |
Rent
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 344 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 6 |
| Price Per Sq Ft | $0 |
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 676 |
| Median Year Built | 1964 |
| Rent Burden | 35.5% |