Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 7 | 15 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | 1 | 1 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 9 | 19 |
Acreage buckets
The median price for land in Cape May, New Jersey is currently $785K per acre. For a typical parcel, the median sale price is $400K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $142K while premium lots reached $2.2M.
Cape May, New Jersey is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 69.7% year-over-year.
Cape May, New Jersey currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 6 active listings in Cape May, New Jersey. 4 new listings have hit the market in the last 90 days. The median asking price is $870K.
The current absorption rate in Cape May, New Jersey is 16.7% (3-month basis), indicating strong demand. With depreciating values (-69.7% YoY), buyers may find value opportunities. The top-performing broker in this market is SEA HAVEN REAL ESTATE.
Land in Cape May, New Jersey typically sells within 218 days of listing. The median time on market is 136 days. Properties are moving slowly in the current balanced market.
The 3-month absorption rate in Cape May, New Jersey is 16.7%. The 12-month rate is 29.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
