What the Pros Know

94,610

Population

0.8% YoY

2023

48.9

Median Age

3% YoY

2022

$83,870

Median Household Income

10% YoY

2022

58,669

Labor Force

9% MoM

3.8% YoY

7/2024

55,635

Employed

9.1% MoM

4.5% YoY

7/2024

5.2%

Unemployment Rate

1.9% MoM

15.6% YoY

7/2024

$612,500

Median Sale Price

0.6% MoM

22.5% YoY

8/2024

118

Homes Sold

34.1% MoM

10.3% YoY

8/2024

3.6

Months Inventory

26.9% MoM

11.8% YoY

8/2024

45

Days on Market

2 MoM

2 YoY

8/2024

423

Listings

1.0% MoM

19.5% YoY

8/2024

97.8%

Sale Price to List Price

0.7% MoM

0.7% YoY

8/2024

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Cities included in Cape May County: Ocean City, Villas, Cape May Court House, Wildwood, North Cape May, North Wildwood, Rio Grande, Wildwood Crest, Cape May, Palermo, Seaville, Marmora, Whitesboro, Woodbine, Sea Isle City, Erma, South Dennis, Avalon, Beesleys Point, West Cape May, Stone Harbor, Dennisville, South Seaville, Ocean View, Belleplain, West Wildwood, Burleigh, Tuckahoe, Goshen, Diamond Beach, Marshallville, Strathmere, Cape May Point


Zip Codes included in Cape May County: [Click for zip code level data] 08202, 08204, 08210, 08212, 08223, 08226, 08230, 08242, 08243, 08245, 08246, 08247, 08248, 08251, 08260, 08270


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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