What is the median home value in Rio Grande, NJ?

The median value of owner-occupied homes in Rio Grande, NJ is $317,400 (±$55,061), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Rio Grande, the median home value went from $266,400 in 2015–2019 to $317,400 in 2020–2024 (+19.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$317,400 (±$55,061)
Owner-occupied homes
1,235 (±244)
Most common range
$300,000 to $499,999

Home values in Rio Grande

Owner-occupied homes by value, 2020–2024
ValueRio GrandeCape May CountyNew JerseyUnited States
Less than $50,0005.8% (±5.6 points)3.6%2.5%5.3%
$50,000 to $99,9997.4% (±6.8 points)1.8%1.8%6.1%
$100,000 to $149,9992.0% (±3.1 points)1.3%2.2%6.8%
$150,000 to $199,9999.1% (±8.5 points)5.0%4.3%9.0%
$200,000 to $299,99921.1% (±11.1 points)15.9%12.9%17.8%
$300,000 to $499,99946.6% (±15.5 points)33.4%34.2%26.9%
$500,000 to $999,9996.7% (±5.2 points)26.9%34.5%20.9%
$1,000,000 or more1.2% (±2.0 points)12.4%7.6%7.1%

The most common range is $300,000 to $499,999, 46.6% 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.

Rio Grande against Cape May County, its state and the nation

Estimate (90% margin of error)
Rio GrandeCape May CountyNew JerseyUnited States
Median home value$317,400 (±$55,061)$434,600 (±$9,304)$454,400 (±$1,150)$332,700
Owner-occupied homes1,235 (±244)36,053 (±805)2,239,128 (±10,678)84,210,142

In Rio Grande, 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 not measurably different from the national figure ($332,700).

In Cape May County, Rio Grande ranks 9 of 11 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 187 of 248.

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

How home values in Rio Grande have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$266,400 (±$18,916)$317,400 (±$55,061)+19.1%No measurable change after inflation
Median owner cost with a mortgage$1,709 (±$169)$2,405 (±$270)+40.7%No measurable change after inflation
Median real estate taxes$4,360 (±$361)$5,018 (±$823)+15.1%No measurable change 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 Rio Grande

Nearest places with a published estimate, compared with Rio Grande
PlaceDistanceMedian home valueCompared with this place
Rio Grande—$317,400 (±$55,061)—
Erma1.8 mi$409,900 (±$74,860)Not measurably different
Whitesboro2.1 mi$248,700 (±$62,788)Not measurably different
Lower Township3.0 mi$364,900 (±$16,201)Not measurably different
Villas3.1 mi$301,600 (±$27,928)Not measurably different
West Wildwood Borough3.2 mi$400,800 (±$45,048)Higher
Wildwood3.9 mi$391,300 (±$44,915)Higher
Wildwood Crest Borough3.9 mi$590,900 (±$101,953)Higher
North Wildwood4.4 mi$459,900 (±$48,992)Higher

Nearby places with a measurably higher figure: West Wildwood Borough, NJ ($400,800), Wildwood, NJ ($391,300), 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

RankPlaceMedian home value
3Erma$409,900 (±$74,860)
4Palermo$395,400 (±$32,996)
5North Cape May$393,300 (±$40,021)
6Cape May Court House$381,200 (±$49,820)
7South Dennis$372,100 (±$32,077)
8Beesleys Point$339,800 (±$152,046)
9Rio Grande$317,400 (±$55,061)
10Villas$301,600 (±$27,928)
11Whitesboro$248,700 (±$62,788)

Showing 9 of 11 places in Cape May County, ranked from highest to lowest.

Rio Grande is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Middle Township, whose figures include it.

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 Rio Grande

What is the average home value in Rio Grande, NJ?

The Census Bureau publishes the median: $317,400 (±$55,061) for owner-occupied homes in Rio Grande (2020–2024 American Community Survey).

Have home values in Rio Grande gone up?

In Rio Grande, the median home value went from $266,400 in 2015–2019 to $317,400 in 2020–2024 (+19.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Rio Grande 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 Rio Grande CDP, New Jersey (place:63180, in state:34).

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.

Figures last updated on .

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