2025 Compare Cities Housing:
Cape May, NJ vs Wake Forest, NC

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Highlights
- The median age of a home in Cape May is 67.3% older than the median age of a home in Wake Forest.
 Cape May, NJWake Forest, NCUnited States
 Median Home Age49  Unlock42
 Median Home Cost  Unlock$483,600$338,100
 Home Appr. Last 12 months20.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock72.1%57.0%
 Home Appr. Last 10 yrs.70.7%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned17.1%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented13.9%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Cape May, NJWake Forest, NCUnited States
 Average Rent  Unlock$1,710$1,840
 Studio Apartment$1,010  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,250$1,180
 2 Bedroom Home or Apartment$1,490  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,730$1,860
 4 Bedroom Home or Apartment$2,000  Unlock$2,160
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 Vacant Housing
 Cape May, NJWake Forest, NCUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented1.3%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other1.4%  Unlock4.1%
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 Owner-Occupied Housing Value
 Cape May, NJWake Forest, NCUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock7.6%13.0%
 $200,000 to $299,9990.9%  Unlock20.1%
 $300,000 to $399,999  Unlock31.8%13.6%
 $400,000 to $499,99916.0%  Unlock8.3%
 $500,000 to $749,999  Unlock7.8%9.7%
 $750,000 to $999,99917.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Cape May, NJWake Forest, NCUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock35.4%13.6%
 2000 to 20095.8%  Unlock13.6%
 1990 to 1999  Unlock16.1%13.6%
 1980 to 198915.7%  Unlock13.2%
 1970 to 1979  Unlock3.6%14.8%
 1960 to 19698.6%  Unlock13.6%
 1950 to 1959  Unlock0.9%10.0%
 1940 to 19493.1%  Unlock4.7%
 1939 or Earlier  Unlock1.7%12.2%
Reviews for Cape May    2 Reviews

Over 11 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 Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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