08226 — Cape May County, New Jersey Market Snapshot
Housing market data for zip code 08226 in Cape May County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
117 sales in 2026 (year to date)
Median Sale Price
$950,000
Days to Sell
71
Homes Sold
117
Inventory
184
Sale-to-List
97.6%
New Listings
167
Price/SqFt
$794
Pending Sales
133
Jumbo Loan Likely Needed
The median home in 08226 at $950,000 exceeds the 2026 conforming loan limit of $832,750 by $117,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 71 days on average, 08226 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 08226 sells for 2.4% below asking price (97.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 08226 at $950,000 exceeds the 2026 conforming loan limit of $832,750 by $117,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 08226 are set at the county level.
2026 Loan Limits — Cape May County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $730,250 |
| 2 Units | $1,066,250 | $934,850 |
| 3 Units | $1,288,800 | $1,130,000 |
| 4 Units | $1,601,750 | $1,404,350 |
Affordability Snapshot — Zip 08226
To purchase the median home at $950,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,429.
Monthly Payment
$7,429
Income Required
$318,369
Principal & Interest
$5,854/mo
Down Payment (5%)
$47,500
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 08226.
Estimated Monthly Payment
$6,029
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 08226. Tell us what you're looking for.