Cape May Point Housing Information - Census

IndexCape May PointNew JerseyNational
Median home price$735,500$316,400$184,700
Median rent asked$1,250$1,213$949
Avg. people per household1.42.72.6
Owner occupied households91.5%64.1%63.6%
Renter occupied households8.5%35.9%36.4%

Cape May Point Housing Information - Zillow

IndexCape May PointNew JerseyNational
Zillow home value indexn/a$304,100$196,500
Year over year appreciation raten/a5.19%6.79%
5 year average appreciation raten/a2.97%5.28%
10 year average appreciation raten/a-1.75%0.01%

Did you know?

  • The median home price in Cape May Point is 298% higher than the national average.
  • The median rent asked in Cape May Point is 32% higher than the national average.
  • The average number of people per household in Cape May Point is 48% lower than the national average.
  • The number of owner occupied households in Cape May Point is 44% higher than the national average.
  • The number of renter occupied households in Cape May Point is 77% lower than the national average.

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Compare Cape May Point, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Whitesboro, NJ2,474$143,30022%
Burleigh, NJ392$163,10012%
Villas, NJ8,953$183,7001%
North Cape May, NJ2,850$220,00019%
Wildwood, NJ5,192$225,40022%
Cape May Point, NJ214$735,500298%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
New Paris, PA214$93,80049%
Venice, LA214$89,00052%
Samburg, TN214$152,00018%
Tiawah, OK214$225,00022%
Ocean Breeze Park, FL214$13,50093%
Cape May Point, NJ214$735,500298%
Source: The Cape May Point, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.