What the Pros Know
Market Snapshot
Zip Code 8248 | Cape May County, NJ
121
Population
YoY
202253.8
Median Age
YoY
2022$102,162
Median Household Income
YoY
2022$1,575,000
Median Sale Price
53.7% MoM
60.6% YoY
5/20243
Homes Sold
200.0% MoM
200.0% YoY
5/20241.7
Months Inventory
66.7% MoM
YoY
5/2024165
Days on Market
0 MoM
145 YoY
5/20245
Listings
0.0% MoM
YoY
5/202497.1%
Sale Price to List Price
6.4% MoM
3.0% 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.