2025 Compare Cities Housing:
Wilmington, NC vs Cape May, NJ

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Highlights
- The median age of a home in Wilmington is 40.0% younger than the median age of a home in Cape May.
 Wilmington, NCCape May, NJUnited States
 Median Home Age35  Unlock42
 Median Home Cost  Unlock$657,800$338,100
 Home Appr. Last 12 months24.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock70.1%57.0%
 Home Appr. Last 10 yrs.114.4%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned41.5%  Unlock57.4%
 Housing Vacant  Unlock69.0%11.2%
 Homes Rented48.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Wilmington, NCCape May, NJUnited States
 Average Rent  Unlock$1,820$1,840
 Studio Apartment$850  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,130$1,180
 2 Bedroom Home or Apartment$1,260  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,850$1,860
 4 Bedroom Home or Apartment$2,150  Unlock$2,160
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 Vacant Housing
 Wilmington, NCCape May, NJUnited States
 Vacant For Rent  Unlock10.5%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold1.5%  Unlock0.4%
 Vacant Vacation  Unlock55.8%3.6%
 Vacant Other2.8%  Unlock4.1%
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 Owner-Occupied Housing Value
 Wilmington, NCCape May, NJUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.6%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,99910.5%  Unlock11.3%
 $150,000 to $199,999  Unlock0.0%13.0%
 $200,000 to $299,99925.8%  Unlock20.1%
 $300,000 to $399,999  Unlock19.6%13.6%
 $400,000 to $499,9998.2%  Unlock8.3%
 $500,000 to $749,999  Unlock23.3%9.7%
 $750,000 to $999,9994.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock13.4%2.2%
 $1,500,000 to $1,999,9991.1%  Unlock0.8%
 $2,000,000 and over  Unlock8.7%1.1%
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 Housing Units By Year Built
 Wilmington, NCCape May, NJUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock5.8%13.6%
 2000 to 200915.0%  Unlock13.6%
 1990 to 1999  Unlock8.6%13.6%
 1980 to 198915.3%  Unlock13.2%
 1970 to 1979  Unlock23.5%14.8%
 1960 to 196917.3%  Unlock13.6%
 1950 to 1959  Unlock7.6%10.0%
 1940 to 19495.5%  Unlock4.7%
 1939 or Earlier  Unlock28.7%12.2%
Reviews for Wilmington    71 Reviews

I was born here and I will update more at a later time. First and most important, teh average cost of a 1br apt in Wilmington is approximately $1,800. Rentals have  More

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I think that a lot has changed since covid for this city and will continue to keep changing with our insane economy. But I was born and raised in Wilmington and have  More

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Scotty · 

Wilmington NC was once a wonderful city filled with Southern charm, history, safety and natural beauty. Recently that has been replaced by erasing everything Southern or  More

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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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