Is Camden County, 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 County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $155K | +22.0% |
2 Bedrooms | $182.6K | $216.5K | +18.6% |
3 Bedrooms | $271.3K | $289.9K | +6.8% |
4 Bedrooms | $381.3K | $410K | +7.5% |
5+ Bedrooms | $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 | $304.6K | $339.8K | +11.6% |
Gloucester County | $290.6K | $318.1K | +9.5% |
Burlington County | $325.5K | $355K | +9.0% |
Camden County | $284.9K | $310K | +8.8% |
Philadelphia County | $269.7K | $258.6K | -4.1% |
Housing Supply in Camden County, NJ
How many homes are available in Camden County, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,452 | 1,518 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 29 | 25 | -13.8% |
2 Bedrooms | 213 | 220 | +3.3% |
3 Bedrooms | 708 | 709 | 0.1% |
4 Bedrooms | 397 | 447 | +12.6% |
5+ Bedrooms | 105 | 117 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
394 | 359 | -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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 26 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
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.