West Cape May Home Prices & Values

$378,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -6.4% 1-year change
  • -4.8% 1-year forecast

The median home value in West Cape May is $378,200. West Cape May home values have declined -6.4% over the past year and Zillow predicts they will fall -4.8% within the next year. The median price of homes currently listed in West Cape May is $478,000.

Foreclosures will be a factor impacting home values in the next several years. In West Cape May 7.2 homes are foreclosed (per 10,000). This is greater than the national value of 4.3

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Relative ZHVI
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West Cape May Market Overview

Data through Aug 31, 2014
  • $378,200 ZHVI
  • -4.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $478,000 Median listing price
  • No data Median sale price
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West Cape May Market Health

Data through Aug 31, 2014
  • 0.4/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

7.2 homes(Jul 31, 2014) West Cape May
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Cape May $460,500 Lower Township $235,800 Wildwood $202,100
North Cape May $178,200 Erma $177,700  

Listings & Sales

Data through Aug 31, 2014
  • $286 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 30.6% Listings with price cut
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West Cape May Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,037 West Cape May
$1,623 Ocean City Metro
$1,328 United States
  • 6.2 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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