Market Summary

Cape May Point, Cape May County, NJ

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Median Home Price Price

$1,402,007 $1.4M

Median Monthly Rent Rent

$2,001 $2K

GRM

59.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cape May County

Region Price Rent GRM Display
$1,489,157 $2,027 61.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Cape May County

Region Price Rent GRM Display
$669,686 $1,910 29.0x
$666,421 $2,248 25.0x
$795,152 $2,872 23.0x
$1,010,447 $1,717 49.0x
$1,414,745 $3,129 38.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$925,723 $2,598 30.0x
$902,926 $1,268 60.0x
$351,127 $1,035 28.0x
$934,357 $1,955 40.0x
$1,080,499 $1,995 45.0x
$1,117,347 $2,741 34.0x
$1,650,385 $1,977 69.0x
$954,586 $2,822 28.0x
$765,311 $1,689 38.0x
$159,866 $536 25.0x
$892,196 $1,664 45.0x
$1,126,583 $3,226 29.0x
$156,040 $847 15.0x
$790,762 $1,642 40.0x
$1,011,865 $3,020 28.0x
$627,873 $1,770 29.0x
$480,561 $1,786 22.0x
$167,412 $473 30.0x
$384,497 $1,720 18.0x
$356,687 $1,159 25.0x
$623,158 $1,690 31.0x
$705,652 $4,315 14.0x
$1,017,483 $1,864 45.0x
$1,086,441 $2,008 45.0x
$784,231 $2,823 23.0x
$1,638,742 $2,339 58.0x

Home prices

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Monthly rent

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GRM

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Cape May Point

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Trend Insights

Median Rent in Cape May Point, NJ is $2,001, with MoM change +$16 and YoY change +$102 pointing to positive momentum while volatility is low (std $27).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Cape May Point, NJ.

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Metric
Base market Cape May Point, NJ
Compare market Select a market
Delta vs base
Median rent
$2,001
N/A
Median price
$1,402,007
N/A
YoY change
+$102
N/A
Price-to-rent
58.4x
Data unavailable
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