Is Camden, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Camden has remained a Seller's Market.
Housing Prices in Camden, NJ
How much do homes in Camden, NJ cost?
Median Sold Price
$125,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Camden was $125,000 in April 2024, up 27.6% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $72K | -31.4% |
2 Bedrooms | $75K | $100K | +33.3% |
3 Bedrooms | $100K | $135K | +35.0% |
4 Bedrooms | $125K | $163.5K | +30.8% |
5+ Bedrooms | $102.5K | $175K | +70.7% |
Summary: Camden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 70.7%.
Median Sold Price Compared To Nearby Cities
Camden | $98K | $125K | +27.6% |
Oaklyn | $255.5K | $299K | +17.0% |
Collingswood | $344.2K | $375K | +8.9% |
Haddon Township | $390K | $421.5K | +8.1% |
Housing Supply in Camden, NJ
How many homes are available in Camden, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
155 | 171 | +10.3% |
Summary: The Camden real estate market had 171 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 34 | 34 | 0.0% |
3 Bedrooms | 95 | 104 | +9.5% |
4 Bedrooms | 19 | 23 | +21.1% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Camden housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 35 | -2.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Camden in April 2024, down by 2.8% month-over-month. Of the 35 sold homes, 34% were sold under asking, 23% were sold at asking, and 43% were sold over asking.
Days on Market for Camden, NJ
How long does it take to sell a home in Camden, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 34 Days | +0.8% |
Summary: Homes in Camden had an average of 34 days on market in Apr 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Camden; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.