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West Cape May, NJ

Full City Profile · New Jersey · Cape May County County

3.0 /5.0
B Good
934 Population 798/sq mi density
$79,375 Median Income $53,959 per capita
$698,300 Home Value $1,496,189 Zillow
$1,352 Median Rent 34.0% income on rent
56°F Avg Temperature 293 sunny days/yr
100 Violent Crime/100K 1,097 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$79,375 median income, 1.1% unemployment
D
Affordability
1.7 / 5.0
$698,300 home value, $1,352/mo rent
F
Safety
1.0 / 5.0
100 violent crimes/100K
A+
Education
4.9 / 5.0
48.5% bachelor's degree or higher

Housing Overview

Median Home Value
$698,300
148% above
US avg: $281,900
Median Rent
$1,352/mo
16% above
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
1,072
Median year built: 1972

Home Value by Source

Census Median
$698,300
Zillow (ZHVI)
$1,496,189
Median Sale Price
$1,595,000
Median List Price
$1,972,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.0%
Owner-Occupied
16.0%
Renter-Occupied
84%
16%
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
Census median rent: $1,352/mo

Market Indicators (Redfin)

Median Days on Market
23 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$0
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
34.0%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
84.0%

Complete Housing Data

Home Values

Census Median Value$698,300
Zillow Home Value (ZHVI)$1,496,189
Median Sale Price$1,595,000
Median List Price$1,972,500
Price Per Sq Ft$0

Rent

Census Median Rent$1,352
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 Market23
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory9
Price Per Sq Ft$0

Ownership & Stock

Owner-Occupied84.0%
Renter-Occupied16.0%
Homeownership Rate84.0%
Total Housing Units1,072
Median Year Built1972
Rent Burden34.0%