2024 Compare Cities Housing:
Cape May, NJ vs Severn, MD

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Highlights
- The median age of a home in Cape May is 44.9% older than the median age of a home in Severn.
 Cape May, NJSevern, MDUnited States
 Median Home Age492742
 Median Home Cost$657,800$441,200$338,100
 Home Appr. Last 12 months20.3%10.5%16.6%
 Home Appr. Last 5 yrs.70.1%36.1%57.0%
 Home Appr. Last 10 yrs.70.7%51.7%101.1%
 Property Tax Rate$14.8$8.9$11.0
 Homes Owned17.1%70.5%57.4%
 Housing Vacant69.0%4.4%11.2%
 Homes Rented13.9%25.2%31.4%
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 Avg Rent For Home Or Apartment
 Cape May, NJSevern, MDUnited States
 Average Rent$1,820$2,570$1,840
 Studio Apartment$1,010$1,400$1,080
 1 Bedroom Home or Apartment$1,130$1,630$1,180
 2 Bedroom Home or Apartment$1,490$2,000$1,430
 3 Bedroom Home or Apartment$1,850$2,600$1,860
 4 Bedroom Home or Apartment$2,000$2,970$2,160
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 Vacant Housing
 Cape May, NJSevern, MDUnited States
 Vacant For Rent10.5%1.4%1.9%
 Vacant Rented1.3%0.1%0.4%
 Vacant For Sale0.0%1.2%0.7%
 Vacant Sold0.0%0.5%0.4%
 Vacant Vacation55.8%0.2%3.6%
 Vacant Other1.4%0.9%4.1%
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 Owner-Occupied Housing Value
 Cape May, NJSevern, MDUnited States
 Less Than $20,0001.1%1.3%2.6%
 $20,000 to $39,9990.0%1.9%2.4%
 $40,000 to $59,9990.0%1.2%2.8%
 $60,000 to $79,9990.0%0.9%3.9%
 $80,000 to $99,9990.0%0.9%4.5%
 $100,000 to $149,9990.0%0.4%11.3%
 $150,000 to $199,9990.0%2.0%13.0%
 $200,000 to $299,9990.9%13.3%20.1%
 $300,000 to $399,99919.6%34.9%13.6%
 $400,000 to $499,99916.0%22.8%8.3%
 $500,000 to $749,99923.3%18.7%9.7%
 $750,000 to $999,99917.0%0.8%3.9%
 $1,000,000 to $1,499,99913.4%0.2%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over8.7%0.5%1.1%
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 Housing Units By Year Built
 Cape May, NJSevern, MDUnited States
 2015 and Newer0.2%0.5%0.2%
 2010 to 20145.8%17.1%13.6%
 2000 to 20095.8%17.1%13.6%
 1990 to 19998.6%20.4%13.6%
 1980 to 198915.7%14.2%13.2%
 1970 to 197923.5%15.5%14.8%
 1960 to 19698.6%20.4%13.6%
 1950 to 19597.6%3.9%10.0%
 1940 to 19493.1%0.4%4.7%
 1939 or Earlier28.7%1.5%12.2%
Reviews for Cape May    2 Reviews

Over 10 years ago

Cape May is a picturesque pleasant town with a increase in population in the summer months. As a tourist town a good deal of the people who live here make the bulk of  More

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From the beaches of Cape May at the true south of New Jersey, to the vastness of the Wildwood beaches, to the shimmering water and clean sands of Avalon and Stone  More

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Reviews for Severn    7 Reviews

Over 9 years ago

We've lived in Severn for 25 years and we really enjoy the convenience. Schools are good, shopping is excellent and it's close to everything ... malls, grocery stores,  More

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Over 10 years ago

now its extremely crowded, over populated, poor road infrastructure and Maryland is OUTRAGEOUSLY  More

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Over 14 years ago

In general, Severn is a fine place to be, in a state that has a lot to  More

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