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08245 Housing Market Report July 2025•Cape May County, New Jersey

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Housing Prices in 08245, NJ

How much do homes in 08245, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$174,750$66/SqFt

Based on all homes listed in July 2025

Insight

The list price of homes in 08245 has remained the same since June.

Summary: The median home list price in 08245 was $174,750 in July 2025, the same as the previous month, and the median price per square foot was $66.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2025Jul 2025Change MoM
1--
N/A
2--
N/A
3$174.7K$174.7K
0.0%
4--
N/A
5--
N/A

Summary: 08245 housing price by bedroom type for July 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 08245, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

08245, NJ

Housing supply in 08245, NJ

How many homes are available in 08245, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthJul 2025
22 months agoJun 2025
0.0 %
Change MoMJun – Jul

Summary: The 08245 real estate market had 2 homes for sale in Jul 2025, the same as Jun 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJun 2025Jul 2025Change MoM
100
0.0%
200
0.0%
322
0.0%
400
0.0%
500
0.0%

Summary: 08245 housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 08245, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in 08245, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 08245 in July 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for 08245, NJ

How long does it take to sell a home in 08245, NJ?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in 08245 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During July 2025, 1 homes were sold in 08245; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
207 DaysLast MonthJul 2025
192 Days1 month agoJun 2025
+8.1 %
Change MoMJun – Jul

Summary: Homes in 08245 had an average listing age of 207 days in Jul 2025, up by 8.1% compared to the previous month.

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Newest Listings in 08245, NJ

What homes are available in 08245, NJ?

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Nearby markets

Nearby markets aren't available for 08245, NJ

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MLS Disclaimers and Copyright

Based on information from Cape May County MLS, for the period 06/01/2025 - 08/01/2025

The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

Copyright © 2025 Cape May County Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/2/2025, 11:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.