Cape May County: Median Home Value Trend
How Cape May County's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$295,500
2023
$395,000
Total change
+$99,500
% change
+33.7%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $295,500 | — |
| 2019 | $300,500 | +$5,000 (1.7%) |
| 2020 | — | — |
| 2021 | $318,600 | — |
| 2022 | $372,300 | +$53,700 (16.9%) |
| 2023 | $395,000 | +$22,700 (6.1%) |