08260 — Cape May County, New Jersey Market Snapshot
Housing market data for zip code 08260 in Cape May County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
173 sales in 2026 (year to date)
Median Sale Price
$590,000
Days to Sell
55
Homes Sold
173
Inventory
240
Sale-to-List
98.0%
New Listings
230
Price/SqFt
$525
Pending Sales
185
Conforming Loan Available
Most homebuyers in 08260 can comfortably use conventional financing. The median home price of $590,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
08260's market is balanced with homes taking an average of 55 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 08260 sells for 2.0% below asking price (98.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 08260 can comfortably use conventional financing. The median home price of $590,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 08260 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 08260
To purchase the median home at $590,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,670.
Monthly Payment
$4,670
Income Required
$200,160
Principal & Interest
$3,635/mo
Down Payment (5%)
$29,500
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 08260.
Estimated Monthly Payment
$3,801
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