Ocean City, Cape May County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Ocean City, Cape May County, NJ

Median Home Price Price

$1,030,087 $1M

Median Monthly Rent Rent

$1,950 $1.9K

GRM

44.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Ocean City, NJ is $1,950, with MoM change +$16 and YoY change +$88 pointing to positive momentum while volatility is low (std $19).

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Metric

Base market Ocean City, NJ

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Delta vs base

Median rent

$1,950

N/A

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Median price

$1,030,087

N/A

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YoY change

+$88

N/A

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Price-to-rent

44.0x

Data unavailable

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