Cape May County, NJ Housing Market Brief
county · NJ · score computed October 2026
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.
Population band 4 of 5 (population 39,232–102,612) · comparable within its band
Where is Cape May County, NJ in its market cycle?
Cape May County, NJ is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Cape May County, NJ?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Cape May County, NJ housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $818K | ▼ -2% | Redfin |
| Median Days on Market | 64 days | ▼ -1.5% | Redfin |
| Months of Supply | 3.2 | ▼ -11.1% | Redfin |
| Homes for Sale | 978 | ▼ -5.5% | Redfin |
| Homes Sold | 301 | ▲ +4.5% | Redfin |
| Median Price / Sq Ft | $680 | ▲ +9.3% | Redfin |
How has Cape May County, NJ’s Alpha Score moved?
Markets like Cape May County, NJ
Frequently asked questions
Is Cape May County, NJ a buyer's or seller's market?
In the scores computed October 2026, Cape May County, NJ is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, building, 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 $818K, having fallen 2% over the past year, according to Redfin.
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 Inventory Health (65/100) and its weakest is Rental Yield (9/100). 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.