There are currently 6,816 real estate properties in Cape May Court House, NJ, with a median automated valuation model (AVM) price of $306,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cape May Court House, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cape May Court House, NJ, is $336,090.00, with the most expensive house in Cape May Court House, NJ, topping out at $6,035,500.00 and the cheapest home in Cape May Court House, NJ, clocking in at $51,960.00. In other words, there’s something for every potential homebuyer or savvy investor in Cape May Court House, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cape May Court House, NJ, is on a rollercoaster ride. The average rent price in Cape May Court House, NJ, is $1,614.00. Indeed, when looking to rent in Cape May Court House, NJ, you can expect to pay as little as $790.00 or as much as $2,790.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Cape May Court House, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cape May Court House, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cape May Court House, NJ and much more. Save thousands at closing with home foreclosure listings in Cape May Court House, NJ — up to 75% off market value!
Cape May Court House is located in Cape May, New Jersey, with an estimated municipal population of 4,617 residents. All of the best foreclosed homes for sale in Cape May Court House are located in the following zip code areas on Foreclosure.com: 08210. The estimated population per square kilometer (.62 miles) in Cape May Court House is 204.
So, about how much do homes cost in Cape May Court House? The most recent median value of resident-owned homes in Cape May Court House is 261,265. An estimated 72.2 percent of households in Cape May Court House own their homes, with an average family size of 2.71. The median household income in Cape May Court House is 62,781, with34.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cape May Court House, the median commute time of resident workers (in minutes) is 16.9. And last, but certainly not least, are you looking for homes to rent in Cape May Court House? If so, the average rent price paid by renters in Cape May Court House is 1,355, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cape May Court House, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Cape May Court House is 50.7, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Cape May Court House is 54.9, with an average family size of 2.71.
The percentage of residents who report their race in Cape May Court House is as follows:
|Black / African American||5.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Cape May Court House? Or maybe you are searching for 55+ active adult communities in and/or near Cape May Court House?
The percentage of residents who report their age in Cape May Court House is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cape May Court House with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cape May Court House.
How do you know that living in -- or moving to -- Cape May Court House is right where you need to be? Perhaps you grew up in Cape May Court House or already live nearby; therefore, the decision to buy a home in Cape May Court House is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cape May Court House for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cape May Court House:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cape May Court House.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cape May Court House can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cape May Court House, meanwhile, can field multiple offers from more qualified buyers.