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Cape May, NJ · ZIP 08251 · Census Tract 34009021803 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$342K
Downside (P10)
$308K
-10% by 2030
Base Case (P50)
$369K
+8% by 2030
Upside (P90)
$491K
+44% by 2030
Base case: +8% by 2030, with a forecast range from -10% to +44%. The model forecasts this with 73% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $203K | $197K | $194K | $175K | $179K | $195K | $215K | $257K | $291K | $333K | $342K | $347K | $359K | $369K | |
| Growth $ vs 2026 | -$139,257 | -$144,857 | -$148,057 | -$167,057 | -$163,057 | -$147,257 | -$127,057 | -$85,157 | -$51,157 | -$9,457 | +$4,897 | +$17,285 | +$27,023 | ||
| Growth % vs 2026 | -40.7% | -42.4% | -43.3% | -48.9% | -47.7% | -43.1% | -37.2% | -24.9% | -15.0% | -2.8% | +1.4% | +5.1% | +7.9% | ||
| Downside (P10) | $300K | $320K | $308K | ||||||||||||
| Upside (P90) | $426K | $472K | $491K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$300K to $426K
36.3% of median
Long-horizon band
$308K to $491K
49.7% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Villas | $337K | $369K | +9.4% | |
| Upper | $327K | $391K | +19.5% | |
| Cape May Court House | $382K | $422K | +10.3% | |
| Dennis (Tract 020600) | $375K | $407K | +8.6% | |
| Dennis (Tract 020700) | $367K | $388K | +5.6% | |
| Lower | $375K | $375K | +0.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Villas | $337K | $369K | +9.4% | |
| Ocean City (Tract 020203) | $968K | $1.16M | +20.3% | |
| Upper | $327K | $391K | +19.5% | |
| Ocean City (Tract 020206) | $752K | $881K | +17.2% | |
| West Cape May area | $757K | $874K | +15.4% | |
| Lower | $557K | $627K | +12.6% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Villas | $337K | $369K | $183K | |
| Wildwood | $385K | $410K | $189K | |
| Lower (Tract 021804) | $294K | $314K | $184K | |
| Lower (Tract 021805) | $375K | $375K | $180K | |
| Middle | $265K | $287K | $155K | |
| Woodbine | $220K | $248K | $126K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Cape May, NJ · ZIP 08251 · Census Tract 34009021803 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$342K
Downside (P10)
$308K
-10% by 2030
Base Case (P50)
$369K
+8% by 2030
Upside (P90)
$491K
+44% by 2030
Base case: +8% by 2030, with a forecast range from -10% to +44%. The model forecasts this with 73% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $203K | $197K | $194K | $175K | $179K | $195K | $215K | $257K | $291K | $333K | $342K | $347K | $359K | $369K | |
| Growth $ vs 2026 | -$139,257 | -$144,857 | -$148,057 | -$167,057 | -$163,057 | -$147,257 | -$127,057 | -$85,157 | -$51,157 | -$9,457 | +$4,897 | +$17,285 | +$27,023 | ||
| Growth % vs 2026 | -40.7% | -42.4% | -43.3% | -48.9% | -47.7% | -43.1% | -37.2% | -24.9% | -15.0% | -2.8% | +1.4% | +5.1% | +7.9% | ||
| Downside (P10) | $300K | $320K | $308K | ||||||||||||
| Upside (P90) | $426K | $472K | $491K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$300K to $426K
36.3% of median
Long-horizon band
$308K to $491K
49.7% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Villas | $337K | $369K | +9.4% | |
| Upper | $327K | $391K | +19.5% | |
| Cape May Court House | $382K | $422K | +10.3% | |
| Dennis (Tract 020600) | $375K | $407K | +8.6% | |
| Dennis (Tract 020700) | $367K | $388K | +5.6% | |
| Lower | $375K | $375K | +0.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Villas | $337K | $369K | +9.4% | |
| Ocean City (Tract 020203) | $968K | $1.16M | +20.3% | |
| Upper | $327K | $391K | +19.5% | |
| Ocean City (Tract 020206) | $752K | $881K | +17.2% | |
| West Cape May area | $757K | $874K | +15.4% | |
| Lower | $557K | $627K | +12.6% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Villas | $337K | $369K | $183K | |
| Wildwood | $385K | $410K | $189K | |
| Lower (Tract 021804) | $294K | $314K | $184K | |
| Lower (Tract 021805) | $375K | $375K | $180K | |
| Middle | $265K | $287K | $155K | |
| Woodbine | $220K | $248K | $126K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Deep dive into property-level home price forecasts for parcels in this area.
Deep dive into property-level home price forecasts for parcels in this area.
