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

48,833

Labor Force

4.3% MoM

9.5% YoY

4/2024

45,056

Employed

7.3% MoM

8.2% YoY

4/2024

7.7%

Unemployment Rate

25.2% MoM

14.9% YoY

4/2024

$555,000

Median Sale Price

15.3% MoM

0.5% YoY

5/2024

101

Homes Sold

11.0% MoM

29.4% YoY

5/2024

4.0

Months Inventory

1.4% MoM

64.9% YoY

5/2024

36

Days on Market

31 MoM

11 YoY

5/2024

403

Listings

12.6% MoM

14.2% YoY

5/2024

97.4%

Sale Price to List Price

0.6% MoM

0.6% YoY

5/2024

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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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