Avalon, NJ · Market Data

Avalon, New Jersey real estate market data.

Real estate market data for Avalon, NJ (Cape May County) — Census median home value $1,756,100, county listing prices up about 10.3% over the past year.

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Avalon, NJ is in Cape May County, New Jersey — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 1,478, with a median household income of $143,482. Census data puts Avalon's median home value at $1,756,100 (all owner-occupied homes); Cape May County's current median listing price runs $974,950, up about 10.3% over the past year.

At a glance

Avalon market snapshot

Population

1,478

Median Household Income

$143,482

Median Home Value (city)

$1,756,100

Median Listing Price (Cape May County)

$974,950

Median Gross Rent

$1,615/mo

Price Trend (YoY)

+10.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Avalon

What makes Avalon different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Avalon's median home value — across all owner-occupied homes, not just recent sales — at $1,756,100. Separately, Cape May County's current median listing price (via Realtor.com data, 2026-06-01) runs $974,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Cape May County's FHFA house price index shows a 3.94% annual change in 2025.

Population & Income

Avalon has an estimated population of 1,478 and a median household income of $143,482, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Avalon's Census-reported median home value works out to about 12.2x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Avalon FAQ

What are home values like in Avalon, NJ?

The Census Bureau's American Community Survey puts Avalon's median home value at $1,756,100. Cape May County's current median listing price runs $974,950, up about 10.3% over the past year.

What is the population of Avalon, NJ?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Avalon's population at approximately 1,478.

What's the median rent in Avalon, NJ?

The Census ACS estimates median gross rent in Avalon at approximately $1,615 per month.

What is the median household income in Avalon, NJ?

Census ACS data puts the median household income in Avalon at approximately $143,482.

Is the Avalon housing market growing?

Cape May County's FHFA house price index shows a 3.94% annual change in 2025.

Is Avalon, NJ affordable relative to income?

Census ACS data puts Avalon's median home value at about 12.2 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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