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Housing in Villas · A seller's market

A typical Villas home is worth about $410,000

Up 4.9% in a year, 29% below the New Jersey typical home. Homes typically sell in 28 days, close to asking.

Typical home value
$410K
▲ 4.9% in a year · NJ $580K
Zillow
Median sale price
$495K
May 2026 · Redfin
Days on market
28
Faster than NJ (35)
Sale-to-list
100.4%
Homes sell near asking
Homes sold
15
in May · 41 for sale
2-bedroom rent
$1,940
a month, utilities in · HUD
Median tax bill
$3,495
NJ $9,590

What kind of housing town is Villas?

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

★ What stands out · Affordability

A typical home costs 5.1 years of income

Less than across New Jersey (5.6 years). Try your own numbers below.

You could afford about
$304,000
Typical Villas home $410K

That’s $106K short of a typical Villas home.

The typical home, each month
$2,550
Loan $2,030Tax $400Insurance $120

A two-bedroom rents for about $1,940 a month here, $610 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, Villas’s typical property tax (1.16% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Market temperature

A seller's market

Supply is tight — about 2.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

BalancedA seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

2.7
months of supply · NJ 3.3
28
days to sell · NJ 35
100.4%
of asking price, at sale
40%
sold above asking
26.3%
under contract within 2 weeks
22
new listings in May

Redfin Data Center, all residential sales, May 2026.

The homes

91% of Villas households own their home

Half of Villas’s homes were built before 1968.

Owners and renters
Own 91%Rent 9%

New Jersey: 64% own.

1968
typical home built · NJ 1970
$3,495
median property tax bill · NJ $9,590
1.16%
of a home’s value, a year in tax · NJ 2.11%
25%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Up 38% in five years

About the same pace as New Jersey (35.4%).

VillasNew Jersey
$150K$200K$250K$300K$350K$400K$450K$500K$550K$600K20182020202220242026
Show as a table
JanuaryVillasNew Jersey
2017$183,000$317,000
2018$192,000$330,000
2019$199,000$343,000
2020$215,000$358,000
2021$253,000$394,000
2022$317,000$441,000
2023$340,000$471,000
2024$363,000$511,000
2025$395,000$551,000
2026$400,000$568,000
August 2026$410,000$580,000
Then & now

A typical Villas home worth $184K in September 2016 is worth about $410K today.

+$226K
+4.9%
past year
+38%
past 5 years
+122.8%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $1,940

Renters already here pay a median of $1,719, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,430
1 bedroom$1,480
2 bedrooms$1,940
3 bedrooms$2,600
4 bedrooms$2,610
9%
of households rent · NJ 36%
395
renter households
60%
of renters spend 30%+ of income on rent · NJ 52%
29%
of the median income, for a two-bedroom
$1,719
median rent paid today · Census

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

Villas vs. its neighbors

Villas is the priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Villas$410K+4.9%$1,940—$80,974
Lower$365K*+7.9%†$1,69087$84,962
Middle$342K*+4.1%†$1,930148$83,508
North Cape May$393K*+9.6%†$1,630—$86,962

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 Villas buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Villas is a seller's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. 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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