Is Camden Wyoming, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Camden Wyoming was a Seller's Market.
Key Takeaway
Camden Wyoming is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Camden Wyoming, DE
How much do homes in Camden Wyoming, DE cost?
Median Sold Price
$375,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Camden Wyoming have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Camden Wyoming was $375,000 in May 2024, up 13.6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $200K | 0.0% |
| 3 Bedrooms | $295.5K | $305K | +3.2% |
| 4 Bedrooms | $377K | $455K | +20.7% |
| 5+ Bedrooms | $512.4K | $635K | +23.9% |
Summary: Camden Wyoming housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 23.9%.
Median Sold Price Compared To Nearby Cities
| Camden | $271K | $340K | +25.5% |
| Camden Wyoming | $330K | $375K | +13.6% |
| Central Kent | $390K | $399.9K | +2.5% |
Housing Supply in Camden Wyoming, DE
How many homes are available in Camden Wyoming, DE?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 52 | 52 | 0.0% |
Summary: The Camden Wyoming real estate market had 52 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Camden Wyoming housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Camden Wyoming, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Camden Wyoming in May 2024, down by 45.5% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Camden Wyoming, DE
How long does it take to sell a home in Camden Wyoming, DE?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 42 Days | +21.4% |
Summary: Homes in Camden Wyoming had an average of 42 days on market in May 2024, up by 21.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Camden Wyoming has remained consistent over time.
Summary: During May 2024, 6 homes were sold in Camden Wyoming; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
