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Cape May Point Housing Market Report June 2025•Cape May County, New Jersey

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Housing Prices in Cape May Point, NJ

How much do homes in Cape May Point, 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.
$1,932,500$1,236/SqFt
+$448,500
+30.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Cape May Point has increased by 30.2% since last year.

Summary: The median home list price in Cape May Point was $1,932,500 in June 2025, up 30.2% from the previous year, and the median price per square foot was $1,236.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Cape May Point
+30.2%
Lower Township
+9.8%

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 2024Jun 2025Change YoY
1$642.5K-
N/A
2$1.6M$1.2M
-25.1%
3$1.4M$1.3M
-4.3%
4$2.1M$2.4M
+13.7%
5--
N/A

Summary: Cape May Point housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -25.1%. The home price for 3 bedroom homes decreased by -4.3%. The home price for 4 bedroom homes increased by +13.7%. The home price for 5 bedroom homes did not change.

How does Cape May Point, NJ compare with other places?

Market comparison tool

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

Cape May Point, NJ

Housing supply in Cape May Point, NJ

How many homes are available in Cape May Point, 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
10Last MonthJun 2025
102 months agoMay 2025
0.0 %
Change MoMMay – Jun

Summary: The Cape May Point real estate market had 10 homes for sale in Jun 2025, the same as May 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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
200
0.0%
333
0.0%
477
0.0%
500
0.0%

Summary: Cape May Point housing inventory by bedroom type for June 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 Cape May Point, 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 Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Cape May Point, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Cape May Point in June 2025, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.

Days on Market for Cape May Point, NJ

How long does it take to sell a home in Cape May Point, NJ?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Cape May Point has remained consistent over time.

Summary: During June 2025, 4 homes were sold in Cape May Point; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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.
This Year1 year agoChange YoY
142 DaysThis YearJun 2025
88 Days1 year agoJun 2024
+61.6 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Cape May Point had an average listing age of 142 days in Jun 2025, up by 61.6% compared to the previous year.

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Newest Listings in Cape May Point, NJ

What homes are available in Cape May Point, NJ?

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Nearby markets

Nearby markets aren't available for Cape May Point, NJ

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MLS Disclaimers and Copyright

Based on information from Cape May County MLS, for the period 07/01/2023 - 07/01/2025

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: 7/16/2025, 10:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.