Market Summary

North Cape May, Cape May County, NJ

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Median Home Price Price

$545,677 $545.7K

Median Monthly Rent Rent

$2,151 $2.2K

GRM

21.0x

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
$423,917 $2,132 17.0x
$614,657 $2,128 24.0x

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
$459,411 $1,995 19.0x
$508,561 $2,090 20.0x
$402,021 $2,190 15.0x
$518,722 $2,095 21.0x
$513,217 $2,203 19.0x

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
$565,284 $1,342 35.0x
$519,200 $1,816 24.0x
$473,537 $2,100 19.0x
$270,720 $1,226 18.0x
$481,095 $1,952 20.0x
$516,341 $1,850 23.0x
$464,301 $1,788 22.0x
$396,465 $1,820 18.0x
$413,776 $1,590 22.0x
$526,797 $1,813 24.0x
$296,004 $1,460 17.0x
$482,415 $1,807 22.0x
$536,669 $2,309 19.0x
$337,718 $1,213 23.0x
$471,564 $1,774 22.0x

Home prices

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Monthly rent

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GRM

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North Cape May

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Trend Insights

Median Rent in North Cape May, NJ is $2,151, with MoM change +$21 and YoY change +$175 pointing to positive momentum while volatility is low (std $45).

Benchmark Markets Side by Side

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

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Metric
Base market North Cape May, NJ
Compare market Select a market
Delta vs base
Median rent
$2,151
N/A
Median price
$545,677
N/A
YoY change
+$175
N/A
Price-to-rent
21.1x
Data unavailable
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