43Alpha

Cape May County, NJ Housing Market Brief

county · NJ · as of August 2026

Balanced

What is Cape May County, NJ’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+7.764
Inventory Health25%
+4.650
Affordability20%
+2.06
Economic Strength20%
45
Rental Yield15%
+1.152

Where is Cape May County, NJ in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Cape May County, NJ is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Cape May County, NJ?

Our model forecasts Cape May County, NJ’s home prices to rise about 3.1% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Cape May County, NJ housing market data

MetricValueYoY
Median Sale Price$673K▲ +12.2%
Median Days on Market54 days-3.6%
Months of Supply4.6-14.8%
Homes for Sale927-9.5%
Homes Sold211▲ +8.2%
Median Price / Sq Ft$472-3.6%

How has Cape May County, NJ’s Alpha Score moved?

Now: 43
12-period trend
Median sale price · 12 mo

Markets like Cape May County, NJ

Frequently asked questions

Is Cape May County, NJ a buyer's or seller's market?

As of August 2026, Cape May County, NJ is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Cape May County, NJ?

The median sale price in Cape May County, NJ is $673K, having risen 12.2% over the past year.

How affordable is Cape May County, NJ?

Cape May County, NJ scores 6 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Cape May County, NJ's Alpha Score?

Cape May County, NJ's strongest dimension is Price Momentum (64/100) and its weakest is Affordability (6/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Cape May County, NJ? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.