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$1.1Mβœ“Affordability
YoY Price Change+11.8%βœ“+28.3%Buyers (cooling)
Active Listings264βœ“82More Options
Days on Market54 daysβœ“46 daysNegotiation
CountyCape May CountyCape May County

24-Month Price Trends

Ocean City (08226)

$1.2M$1.3M$1.4M$1.5M$1.6MMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $1.4M

Cape May (08204)

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

What Does the Price Difference Mean?

Cape May is 21% More Affordable

You could save approximately $297K compared to Ocean City.

Estimated monthly savings: ~$1,733/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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