Is Camden, NY 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 was a Neutral Market.
Key Takeaway
Camden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Camden, NY
How much do homes in Camden, NY cost?
Median Sold Price
$184,010
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Camden have sold for 31.5% more than they did a year ago.
Summary: The median home sold price in Camden was $184,010 in May 2024, up 31.5% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100.5K | $85K | -15.4% |
| 2 Bedrooms | $139.9K | $153.7K | +9.9% |
| 3 Bedrooms | $136.2K | $208.6K | +53.1% |
| 4 Bedrooms | $175K | $185K | +5.7% |
| 5+ Bedrooms | $146K | $187.5K | +28.4% |
Summary: Camden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 53.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 28.4%.
Housing Supply in Camden, NY
How many homes are available in Camden, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The Camden real estate market had 29 homes for sale in May 2024, a 6.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Camden housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Camden, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Camden in May 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Camden, NY
How long does it take to sell a home in Camden, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 88 Days | 71 Days | -19.3% |
Summary: Homes in Camden had an average of 71 days on market in May 2024, down by 19.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Camden are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Camden; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
