What the Pros Know
Market Snapshot
Zip Code 8242 | Cape May County, NJ
3,726
Population
YoY
202251.8
Median Age
YoY
2022$88,853
Median Household Income
YoY
2022$465,000
Median Sale Price
32.9% MoM
52.8% YoY
5/20249
Homes Sold
0.0% MoM
125.0% YoY
5/20240.3
Months Inventory
50% MoM
YoY
5/202416
Days on Market
68 MoM
13 YoY
5/20243
Listings
50.0% MoM
25.0% YoY
5/202498.1%
Sale Price to List Price
2.2% MoM
2.4% YoY
5/2024
1. Population Data from U.S. Census Bureau.
2. 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.