32Alpha

Cape May County, NJ Housing Market Brief

county · NJ · as of May 2026

Buyer's

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%
-12.656
Inventory Health25%
-4.845
Affordability20%
10
Economic Strength20%
15
Rental Yield15%
33

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

EmergingGrowingMaturePeakingDecliningRecovering

Cape May County, NJ is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Cape May County, NJ housing market data

MetricValueYoY
Median Sale Price$745K▲ +3.1%
Median Days on Market69 days▲ +32.7%
Months of Supply4.2▲ +10.5%
Homes for Sale946-7.6%
Homes Sold225-16.7%
Median Price / Sq Ft$617▲ +3.2%
Sale-to-List Ratio98.0%▲ +0.8%

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

Now: 32
3-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 May 2026, Cape May County, NJ is classified as a Buyer's Market, based on its Alpha Score of 32 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 $745K, having risen 3.1% over the past year.

How affordable is Cape May County, NJ?

Cape May County, NJ scores 10 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 (56/100) and its weakest is Affordability (10/100). 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.