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Foreclosure Homes in Cape May, NJ

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Cape May, NJ Foreclosures

How much do homes sell for in Cape May, NJ?
The average home price is currently $914,633.
In Cape May, NJ, how many homes are available?
There are currently 7,557 active home listings available in Cape May.
What’s the average rental cost in Cape May, NJ?
The average rental price in Cape May is $1,575.
What is the most expensive home in Cape May, New Jersey?
The most expensive home sold in Cape May had a price of $11,500,000.
What is currently the cheapest priced home in Cape May, NJ?
The cheapest home for sale in Cape May is priced at $37,798.

Home Value Estimator For Cape May, NJ

There are currently 7,557 real estate properties in Cape May, NJ, with a median automated valuation model (AVM) price of $686,100.00. 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, 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, NJ, is $914,633.00, with the most expensive house in Cape May, NJ, topping out at $11,500,000.00 and the cheapest home in Cape May, NJ, clocking in at $37,798.00. In other words, there’s something for every potential homebuyer or savvy investor in Cape May, NJ!


Rent Prices In Cape May, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cape May, NJ, is on a rollercoaster ride. The average rent price in Cape May, NJ, is $1,575.00. Indeed, when looking to rent in Cape May, NJ, you can expect to pay as little as $720.00 or as much as $3,260.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Cape May, 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.


Cape May, NJ Foreclosures


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