Cape May Point Real Estate Market

Cape May Point Market

The median mortgage debt is $126,556.

Additional Statistics for Single Family Homes and Condos in Cape May Point, NJ
$894,000
Median Listing Price
213
Median Days on Market
40
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Cape May Point, NJ Price Trends - Sold vs. Listed
The median list price in May for single family homes in Cape May Point is $899,000.

The median sale price in September for single family homes is $830,000.

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Cape May Point, NJ Market Inventory Trends

The number of active listings in Cape May Point increased by 8.3% from the previous month.

The median number of days active properties have been listed is 204. This is much longer than the national average.

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Cape May Point, NJ Property Ownership

Cape May Point has a high % of unoccupied properties. It is 58.6% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Cape May Point is 37.77% below the national average.

The percent of rental properties in Cape May Point is 18.03% below the national average.

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