NJShore Guide

08226 vs 08204

Ocean City vs Cape May Real Estate

Side-by-Side Comparison

MetricOcean City (08226)Cape May (08204)Better For
Median Price$1.4M$834KAffordability
YoY Price Change+3.9%-16.1%Buyers (cooling)
Active Listings19364More Options
Days on Market73 days78 daysNegotiation
CountyCape May CountyCape May County

24-Month Price Trends

Ocean City (08226)

$1.2M$1.3M$1.4M$1.5M$1.6MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $1.4M

Cape May (08204)

$757K$820K$883K$946K$1.0MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $834K

What Does the Price Difference Mean?

Cape May is 38% More Affordable

You could save approximately $516K compared to Ocean City.

Estimated monthly savings: ~$3,007/month on mortgage

Ocean City 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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