NJShore Guide

08204 vs 08202

Cape May vs Avalon Real Estate

Side-by-Side Comparison

MetricCape May (08204)Avalon (08202)Better For
Median Price$1.1Mβœ“$3.3MAffordability
YoY Price Change+28.3%-11.2%βœ“Buyers (cooling)
Active Listings82βœ“56More Options
Days on Market46 days74 daysβœ“Negotiation
CountyCape May CountyCape May County

24-Month Price Trends

Cape May (08204)

$752K$843K$934K$1.0M$1.1MMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $1.1M

Avalon (08202)

$3.0M$3.3M$3.6M$3.8M$4.1MMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $3.3M

What Does the Price Difference Mean?

Cape May is 67% More Affordable

You could save approximately $2.2M compared to Avalon.

Estimated monthly savings: ~$12,921/month on mortgage

Avalon Premium

Higher prices often reflect proximity to beaches, walkability, school districts, or historical charm. Consider what matters most to you.

Experience Both Neighborhoods

Rent a vacation home to get a feel for the area before making your decision.

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