Home prices
The median home in North Cape May costs $234,500. Compared to its surrounding areas it is about $151,620 (39%) lower.It is about $17,000 (7%) higher compared to the United States as a whole, and is roughly $71,500 (43%) higher in comparison to the city of Philadelphia.
Rents
North Cape May's median rent is $1,269 per month. In comparison to other places in this area it is approximately $171 (15%) higher.Compared to the US as a whole it is approximately $207 (19%) higher, and it is about $227 (21%) higher compared to the city of Philadelphia.
Nearby places
West Cape May
West Cape May is about 2 miles south from North Cape May. Its housing prices are a lot more expensive. The median home value in West Cape May is $519,400, which is $284,900 (54%) higher than North Cape May. Rent there is a bit less expensive. In West Cape May the median rent is $1,000 a month, which is $269 (26%) lower than North Cape May.
Villas
Villas is approximately 2 miles north from North Cape May. The real estate prices there are somewhat less expensive. The cost of the median home in Villas is $192,600, which works out to $41,900 (21%) lower than North Cape May. The rent there is somewhat less expensive. In Villas the median rent is $1,176 a month, which is $93 (7%) lower than North Cape May.
Erma
Erma is approximately 3 miles northeast of North Cape May. The real estate prices there are somewhat more expensive. The median home in Erma is valued at $299,300, which works out to $64,800 (21%) higher than North Cape May. Its rents are a bit less expensive. The median rent in Erma is $1,194 per month, which works out to $75 (6%) lower than North Cape May.
Cape May
Cape May is approximately 3 miles southeast from North Cape May. Real estate prices there are a lot more expensive. The median home in Cape May is valued at $652,900, which works out to $418,400 (64%) higher than North Cape May. Its rents are a bit less expensive. Cape May's median monthly rent is $1,009, which works out to $260 (25%) lower than North Cape May.
Rio Grande
Rio Grande is about 4 miles northeast from North Cape May. Housing prices there are a bit more expensive. The median home in Rio Grande is valued at $266,400, which is $31,900 (11%) higher than North Cape May. Rents there are somewhat less expensive. The median rent in Rio Grande is $1,111 a month, which comes out to $158 (14%) lower than North Cape May.
