Current Price

$664,425

1 Month Forecast

â–² $708,380

1-Year Forecast *

â–² $765,589

5-Year Forecast *

â–² $923,731

"Is it a good time to buy homes in Cape May?" "Does investing in real estate in Cape May (New Jersey State, Cape May County) worth it?" According to our live Forecast System, buying a house in Cape May is a good short-term (1-year) investment*. The Cape May average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Cape May" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Cape May in New Jersey State, Cape May County. If you are looking for homes for sale with good flipping profit, Cape May can be a profitable property investment option. The median price of an average house in Cape May was 664,425 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Cape May" area is 923,731 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +39.03% meaning that investing 100000 USD today may yield a profit of 39,027 USD by 2031.

Current Median Listing Price: 664,425 USD Median Listing Price Per Square Foot: 369 USD

Cape May Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Cape May (New Jersey State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Cape May Price Target

Cape May median home price target in 12 months: $765,589* (upside of 15.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $707,102 $703,396 $702,557 $707,262
2024 $626,092 $664,425 $626,092 $664,425
2023 $586,757 $625,703 $586,757 $625,703
2022 $548,611 $585,127 $548,611 $599,846
2021 $446,025 $542,292 $446,025 $542,292
2020 $385,696 $436,359 $385,696 $436,359
2019 $364,894 $382,905 $364,894 $382,905
2018 $347,926 $363,702 $347,926 $363,702
2017 $335,679 $346,401 $335,608 $346,401
2016 $334,170 $334,798 $330,568 $334,798
2015 $318,908 $332,479 $316,554 $332,479
2014 $317,978 $318,837 $315,860 $318,837
2013 $314,599 $318,142 $313,684 $318,353
2012 $315,561 $315,025 $313,278 $315,578

Questions & Answers about the Cape May Housing Market Forecast

How much does an average home cost in Cape May today?

The value of an average home (the listing price) in Cape May is $664,425 USD.

What is the average price per square foot in Cape May?

According to Walletinvestor the median price per square foot in Cape May is 369 USD.

Will the median listing price of homes in Cape May grow / rise / go up?

Yes. The Cape May home prices may rise from 664,425 USD to 765,589 USD in one year.

Is it profitable to invest in Cape May homes?

Yes. The long-term profit potential is +15.23% in one year.

Will Cape May house prices fall / drop?

No. See above.

What is the predicted price of a Cape May home in 2030?

The predicted home sales price of a Cape May home in 2030 in Cape May is 876,007 USD.

What is the predicted price of a Cape May home in 2035?

The predicted home sales price of a Cape May home in 2035 in Cape May is 1,114,539 USD.

Will real estate prices decrease in Cape May?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Cape May is the 3812. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Cape May, Cape May decreased, looking at the past 12 months.

According to Walletinvestor's Cape May real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.864% to 664,425 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 15.456% in 2021
  • 14.046% in 2022
  • 14.646% in 2023
  • 15.616% in 2024
  • 13.586% in 2025
  • 13.306% in 2026

Based on our Cape May real estate market research and report the predicted sales prices will increase by 312.569% in the next 10 years.

Over the last 12 months, the value of homes in Cape May fluctuated: increasing 1 times and decreasing 3 times.

Cape May (New Jersey) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Cape May Housing Market Forecast with Real Estate Prices for 2025
August 2025 708380 641793 774968
September 2025 713399 674162 752636
October 2025 718454 650920 785989
November 2025 723545 673620 773469
December 2025 728671 660176 797167
Cape May Housing Market Forecast with Real Estate Prices for 2026
January 2026 733834 691272 776397
February 2026 739034 695431 782637
March 2026 744270 679519 809022
April 2026 749544 706070 793017
May 2026 754855 694466 815243
June 2026 760203 697866 822540
July 2026 765589 696686 834492
August 2026 771014 716272 825756
September 2026 776477 732994 819960
October 2026 781979 733496 830461
November 2026 787519 747356 827683
December 2026 787093 736719 837467
Cape May Housing Market Forecast with Real Estate Prices for 2027
January 2027 784022 733845 834200
February 2027 780964 702867 859060
March 2027 777917 727352 828482
April 2027 775661 719814 831509
May 2027 777822 726486 829159
June 2027 783173 720519 845827
July 2027 788722 717737 859707
August 2027 794311 737915 850707
September 2027 799939 753542 846335
October 2027 805607 736325 874889
November 2027 809438 736589 882288
December 2027 813234 764440 862028
Cape May Housing Market Forecast with Real Estate Prices for 2028
January 2028 816734 761196 872272
February 2028 820327 768646 872007
March 2028 823248 759858 886638
April 2028 826132 749301 902962
May 2028 826645 767127 886164
June 2028 829245 755442 903048
July 2028 833247 785752 880742
August 2028 839151 795515 882786
September 2028 843388 780134 906642
October 2028 846388 771060 921717
November 2028 848369 804254 892484
December 2028 854339 808205 900473
Cape May Housing Market Forecast with Real Estate Prices for 2029
January 2029 860392 786399 934386
February 2029 866489 785905 947072
March 2029 870684 822797 918572
April 2029 871426 806069 936783
May 2029 877601 820557 934645
June 2029 877799 806697 948901
July 2029 876007 825199 926816
August 2029 874718 830107 919329
September 2029 872543 794887 950199
October 2029 871960 785636 958285
November 2029 873002 790940 955064
December 2029 879187 803577 954798
Cape May Housing Market Forecast with Real Estate Prices for 2030
January 2030 885417 825208 945625
February 2030 891690 810547 972834
March 2030 898008 836944 959073
April 2030 904371 822073 986669
May 2030 910779 827898 993660
June 2030 917232 863116 971349
July 2030 923731 839672 1007791
August 2030 930276 841900 1018653
September 2030 936868 874098 999638
October 2030 943506 875573 1011438
November 2030 950191 892229 1008153
December 2030 956924 868887 1044960
Cape May Housing Market Forecast with Real Estate Prices for 2031
January 2031 963704 887571 1039836
February 2031 970532 888037 1053027
March 2031 977409 902148 1052669
April 2031 976880 900683 1053076
May 2031 973069 917604 1028534
June 2031 969272 916932 1021613
July 2031 965491 881493 1049489
August 2031 962692 886639 1038744
September 2031 965374 890075 1040673
October 2031 972015 905918 1038112
November 2031 978902 927999 1029805
December 2031 985838 917815 1053861
Cape May Housing Market Forecast with Real Estate Prices for 2032
January 2032 992823 926304 1059342
February 2032 999857 945865 1053850
March 2032 1004613 916207 1093019
April 2032 1009324 958858 1059790
May 2032 1013667 916355 1110980
June 2032 1018127 946858 1089396
July 2032 1021752 945121 1098384

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.