Cape May, NJ 08204 Real Estate & Property Data

Cape May, NJ 08204 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 479 residential properties have been sold over the past 12 months in 08204. With a median sales price of $740,000 in 08204 and a total of 3 foreclosures in Cape May, NJ 08204. Discover market trends and get the granular level real estate data for Cape May, NJ 08204 to keep your pulse on the housing market. Curate compelling home reports for Cape May, NJ 08204 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Cape May, NJ 08204 Real Estate Market Trends
Total Residential Properties 11,604
Total Commercial Properties 373
Avg. Home Age (Single Family Home) 52 Years
Avg. Square Feet (Single Family Home) 1,694
Total 2024 Residential Sales (year-to-date) 64
% of Homes Seriously Underwater (Q2 2024) 0.58%
Total 2023 Residential Sales 457
% of Equity Rich Homes (Q2 2024) 48.04%
Effective 2023 Property Tax 0.63%
Total Foreclosure Filings (year-to-date) 3
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Cape May, NJ 08204 Real Estate Overview

There were 479 residential properties sold in the past year in Cape May, NJ 08204. The median home value in Cape May, NJ 08204 is $635,600. There are a total of 11,604 residential properties in the 08204.

Median Sales Price i
$740,000
(Feb 2024)
+61.7%
year-over-year
y-o-y
  • February '24 Feb '24 $740,000
  • January '24 Jan '24 $664,000
  • December '23 Dec '23 $431,100
  • November '23 Nov '23 $460,000
  • October '23 Oct '23 $605,000
  • September '23 Sep '23 $485,625
  • August '23 Aug '23 $542,500
  • July '23 Jul '23 $586,000
  • June '23 Jun '23 $526,000
  • May '23 May '23 $600,000
  • April '23 Apr '23 $392,500
  • March '23 Mar '23 $510,500
Median Down Payment i
$253,135
(Feb 2024)
+15.3%
year-over-year
y-o-y
  • February '24 Feb '24 $253,135
  • January '24 Jan '24 $278,125
  • December '23 Dec '23 $86,220
  • November '23 Nov '23 $92,000
  • October '23 Oct '23 $165,000
  • September '23 Sep '23 $99,075
  • August '23 Aug '23 $157,500
  • July '23 Jul '23 $224,750
  • June '23 Jun '23 $140,000
  • May '23 May '23 $181,750
  • April '23 Apr '23 $99,775
  • March '23 Mar '23 $88,000
Number of Homes Sold i
31
(Feb 2024)
+34.8%
year-over-year
y-o-y
  • February '24 Feb '24 31
  • January '24 Jan '24 33
  • December '23 Dec '23 42
  • November '23 Nov '23 36
  • October '23 Oct '23 30
  • September '23 Sep '23 37
  • August '23 Aug '23 37
  • July '23 Jul '23 44
  • June '23 Jun '23 43
  • May '23 May '23 43
  • April '23 Apr '23 39
  • March '23 Mar '23 41
Number of Purchase Loans i
17
(Feb 2024)
+112.5%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 9
  • December '23 Dec '23 9
  • November '23 Nov '23 16
  • October '23 Oct '23 6
  • September '23 Sep '23 16
  • August '23 Aug '23 13
  • July '23 Jul '23 21
  • June '23 Jun '23 26
  • May '23 May '23 18
  • April '23 Apr '23 23
  • March '23 Mar '23 26
Number of REFI Loans i
20
(Feb 2024)
-20%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 14
  • December '23 Dec '23 20
  • November '23 Nov '23 23
  • October '23 Oct '23 22
  • September '23 Sep '23 17
  • August '23 Aug '23 20
  • July '23 Jul '23 12
  • June '23 Jun '23 22
  • May '23 May '23 24
  • April '23 Apr '23 12
  • March '23 Mar '23 17
Number of HELOC Loans i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 6
  • October '23 Oct '23 9
  • September '23 Sep '23 8
  • August '23 Aug '23 2
  • July '23 Jul '23 9
  • June '23 Jun '23 5
  • May '23 May '23 9
  • April '23 Apr '23 7
  • March '23 Mar '23 6

Cape May, NJ 08204 Foreclosure Activity

There were a total of 3 Cape May, NJ 08204 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 5
  • April '23 Apr '23 5
  • March '23 Mar '23 6
Foreclosure Starts i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 4
  • April '23 Apr '23 3
  • March '23 Mar '23 3
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