Homes for Sale Cape Cod MA

The Cape Cod real estate market in 2024 remains highly competitive, characterized by low inventory and strong demand. With home prices continuing to rise, the market is predominantly a seller's market. The median home price in Barnstable County (which covers Cape Cod) is approximately $700,000, reflecting the region's desirability. Additionally, homes are selling quickly, with an average of just 15 days on the market

Competition in the Cape Cod market is intense due to the scarcity of available homes. This limited supply, coupled with high demand, is driving prices upward, especially in the luxury market. Many buyers are from outside the region, including those seeking vacation homes or relocating from urban areas to enjoy the more relaxed coastal lifestyle that Cape Cod offers. Moreover, remote work trends have increased demand for homes with office spaces, further tightening the market.

Migration into Cape Cod has been bolstered by out-of-state buyers, particularly those from metropolitan areas such as Boston and New York, who are looking for more spacious and peaceful environments. This trend has been influenced by the rise of remote work, which allows buyers to move away from city centers. Additionally, Cape Cod's appeal as a vacation destination has continued to drive both short-term rentals and long-term relocation decisions​.