Is Camden County, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camden County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Camden County has remained a Seller's Market.

Key Takeaway

Camden County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Camden County, NJ

How much do homes in Camden County, NJ cost?

Median Sold Price

$310,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,033(+8.8%)

Key Takeaway

Homes in Camden County have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Camden County was $310,000 in April 2024, up 8.8% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $127K$155K
+22.0%
2 $182.6K$216.5K
+18.6%
3 $271.3K$289.9K
+6.8%
4 $381.3K$410K
+7.5%
5+ $456K$510K
+11.8%

Summary: Camden County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Counties

Atlantic County
+11.6%
Gloucester County
+9.5%
Burlington County
+9.0%
Camden County
+8.8%
Philadelphia County
-4.1%

Housing Supply in Camden County, NJ

How many homes are available in Camden County, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,4521,518+4.5%

Summary: The Camden County real estate market had 1,518 homes for sale in April 2024, a 4.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2925
-13.8%
2 213220
+3.3%
3 708709
0.1%
4 397447
+12.6%
5+ 105117
+11.4%

Summary: The Camden County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 11.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
394359-8.9%

Asking Price vs. Sold Price

85 Homes Were Sold
Under Asking

51 Homes Were Sold
At Asking

222 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camden County, you could pay more than the asking price. 62% of homes here sold above asking price last month.

Summary: A total of 359 homes were sold or pending in Camden County in April 2024, down by 8.9% month-over-month. Of the 358 sold homes, 24% were sold under asking, 14% were sold at asking, and 62% were sold over asking.

Days on Market for Camden County, NJ

How long does it take to sell a home in Camden County, NJ?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days26 Days-14.5%

Summary: Homes in Camden County had an average of 26 days on market in Apr 2024, down by 14.5% compared to last year.

Breakdown of Home Sale Times

274 Homes Were Sold
Under 30 Days

59 Homes Were Sold
In 30 - 90 Days

26 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Camden County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 359 homes were sold in Camden County; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Camden County, NJ

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