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Housing in Diamond Beach

A typical Diamond Beach home is worth roughly $697,000

The median sale price was $640,000 in May 2026.

Typical home value
$697K
▲ 7.7% in a year · NJ $454K
Estimate
Median sale price
$640K
May 2026 · Redfin
Homes sold
3
in May · 8 for sale
2-bedroom rent
$1,610
a month, utilities in · HUD
Median tax bill
$8,106
NJ $9,590

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Diamond Beach?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

100% of Diamond Beach households own their home

Half of Diamond Beach’s homes were built before 1994.

Owners and renters
Own 100%

New Jersey: 64% own.

1994
typical home built · NJ 1970
$8,106
median property tax bill · NJ $9,590
85%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 105% in 5 years

The federal house price index for the ZIP code around Diamond Beach rose 105% over the past 5 years, faster than across New Jersey (63%). Last year prices rose 7.7%.

Diamond Beach areaNew Jersey
0%+100%+200%+300%+400%+500%200020052010201520202025
+7.7%
past year
+105%
past 5 years
+163%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Diamond Beach, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

What it takes to buy in Diamond Beach

Try your own numbers below.

You could afford about
$347,000
Typical Diamond Beach home $697K

That’s $350K short of a typical Diamond Beach home.

The typical home, each month
$4,880
Loan $3,450Tax $1,230Insurance $200

A two-bedroom rents for about $1,610 a month here, $3,270 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the New Jersey typical property tax (2.11% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,610

Fair Market Rent a month, utilities included

Studio$1,190
1 bedroom$1,230
2 bedrooms$1,610
3 bedrooms$2,150
4 bedrooms$2,160
0%
of households rent · NJ 36%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cape May County, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Diamond Beach vs. its neighbors

Diamond Beach is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Diamond Beach$697K*+7.7%†$1,610—$125,357
Lower$365K*+7.9%†$1,69087$84,962
Wildwood Crest$591K*+7.7%†$1,61065$69,089

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Diamond Beach buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Diamond Beach still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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