Home Insurance in Wildwood, New Jersey
The median home value in Wildwood is $391,300, 10% lower than the Cape May County median.
The typical home in Wildwood was built around 1976. About 41% of homes were built before 1960, about 16 points above Cape May County's 25%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Wildwood breaks down to 54% single-family homes and 21% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
71% of owner-occupied homes in Wildwood carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Wildwood has an owner-occupancy rate of 43% and a vacancy rate of 60%; unoccupied homes typically need a different coverage form.
63% of homes in Wildwood are primarily heated with natural gas.
Cape May County had 47,361 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is coastal flooding (Very High). See the full Cape May County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In New Jersey, the statewide average premium for a standard HO-3 homeowners policy is $1,551 per year (NAIC, 2023 data).
Key figures
| Median home value | $391,300 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 43% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Coastal Flooding (Very High) |
| Active NFIP policies in Cape May County | 47,361 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
- West Wildwood
- Wildwood Crest
- North Wildwood
- Stone Harbor
- Cape May
- West Cape May
- Avalon
- Cape May Point
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)