Market Summary

Erma, Cape May County, NJ

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Median Home Price Price

$423,917 $423.9K

Median Monthly Rent Rent

$2,132 $2.1K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cape May County

No similar markets found for this scope.

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

No similar markets found for this scope.

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
$456,692 $2,028 19.0x
$582,946 $2,039 24.0x
$456,372 $1,894 20.0x
$436,230 $1,886 19.0x
$759,182 $2,272 28.0x
$312,138 $1,625 16.0x
$399,983 $1,958 17.0x
$536,669 $2,309 19.0x
$859,040 $2,166 33.0x
$572,810 $2,318 21.0x
$885,087 $2,161 34.0x
$407,087 $1,695 20.0x
$522,180 $2,142 20.0x
$310,243 $1,721 15.0x

Home prices

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Monthly rent

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GRM

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Erma

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Trend Insights

Median Rent in Erma, NJ is $2,132, with MoM change +$16 and YoY change +$79 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Erma, NJ.

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Metric
Base market Erma, NJ
Compare market Select a market
Delta vs base
Median rent
$2,132
N/A
Median price
$423,917
N/A
YoY change
+$79
N/A
Price-to-rent
16.6x
Data unavailable
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