What is the median home value in Lower Township, NJ?

Name: Home values in Lower Township, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Lower Township, NJ is $364,900 (±$16,201), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lower Township, the median home value went from $241,800 in 2015–2019 to $364,900 in 2020–2024 (+50.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $364,900 (±$16,201)
Owner-occupied homes: 9,127 (±457)
Most common range: $300,000 to $499,999

Home values in Lower Township

Owner-occupied homes by value, 2020–2024
Value	Lower Township	Cape May County	New Jersey	United States
Less than $50,000	3.2% (±1.4 points)	3.6%	2.5%	5.3%
$50,000 to $99,999	0.6% (±0.5 points)	1.8%	1.8%	6.1%
$100,000 to $149,999	1.1% (±0.7 points)	1.3%	2.2%	6.8%
$150,000 to $199,999	8.3% (±2.6 points)	5.0%	4.3%	9.0%
$200,000 to $299,999	23.7% (±3.8 points)	15.9%	12.9%	17.8%
$300,000 to $499,999	36.6% (±3.6 points)	33.4%	34.2%	26.9%
$500,000 to $999,999	24.4% (±3.3 points)	26.9%	34.5%	20.9%
$1,000,000 or more	2.1% (±0.7 points)	12.4%	7.6%	7.1%

The most common range is $300,000 to $499,999, 36.6% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lower Township against Cape May County, its state and the nation

Estimate (90% margin of error)
	Lower Township	Cape May County	New Jersey	United States
Median home value	$364,900 (±$16,201)	$434,600 (±$9,304)	$454,400 (±$1,150)	$332,700
Owner-occupied homes	9,127 (±457)	36,053 (±805)	2,239,128 (±10,678)	84,210,142

In Lower Township, the median home value is lower than in Cape May County ($434,600).

It is also lower than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Cape May County, Lower Township ranks 13 of 16 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 384 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lower Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$241,800 (±$7,433)	$364,900 (±$16,201)	+50.9%	Up after inflation
Median owner cost with a mortgage	$1,652 (±$41)	$1,875 (±$94)	+13.5%	Down after inflation
Median real estate taxes	$3,706 (±$102)	$4,186 (±$215)	+13.0%	Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lower Township

Nearest places with a published estimate, compared with Lower Township
Place	Distance	Median home value	Compared with this place
Lower Township	—	$364,900 (±$16,201)	—
Cape May	3.0 mi	$863,900 (±$65,604)	Higher
Rio Grande	3.0 mi	$317,400 (±$55,061)	Not measurably different
West Cape May Borough	3.2 mi	$751,100 (±$65,948)	Higher
Wildwood Crest Borough	4.1 mi	$590,900 (±$101,953)	Higher
Cape May Point Borough	4.3 mi	$1,050,000 (±$108,837)	Higher
West Wildwood Borough	4.9 mi	$400,800 (±$45,048)	Not measurably different
Whitesboro	5.0 mi	$248,700 (±$62,788)	Lower
Wildwood	5.0 mi	$391,300 (±$44,915)	Not measurably different

Nearby places with a measurably lower figure: Whitesboro, NJ ($248,700).

Nearby places with a measurably higher figure: Cape May, NJ ($863,900), West Cape May Borough, NJ ($751,100), Wildwood Crest Borough, NJ ($590,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Cape May County, place by place

Rank	Place	Median home value
7	West Cape May Borough	$751,100 (±$65,948)
8	Wildwood Crest Borough	$590,900 (±$101,953)
9	North Wildwood	$459,900 (±$48,992)
10	Upper Township	$411,500 (±$19,373)
11	West Wildwood Borough	$400,800 (±$45,048)
12	Wildwood	$391,300 (±$44,915)
13	Lower Township	$364,900 (±$16,201)
14	Dennis Township	$360,400 (±$17,497)
15	Middle Township	$342,200 (±$20,370)
16	Woodbine Borough	$218,200 (±$34,556)

Showing 10 of 16 places in Cape May County, ranked from highest to lowest.

The figures for Lower Township include the places inside it that have pages of their own: Erma, North Cape May, Villas.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lower Township

What is the average home value in Lower Township, NJ?

The Census Bureau publishes the median: $364,900 (±$16,201) for owner-occupied homes in Lower Township (2020–2024 American Community Survey).

Have home values in Lower Township gone up?

In Lower Township, the median home value went from $241,800 in 2015–2019 to $364,900 in 2020–2024 (+50.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lower Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lower township, Cape May County, New Jersey (county subdivision:41610, in state:34 county:009).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.