Is Camden, TN 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 Seller's Market.
Housing Prices in Camden, TN
How much do homes in Camden, TN cost?
Median Sold Price
$232,600
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Camden was $232,600 in May 2024, down 3.1% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $59K | -68.9% |
2 Bedrooms | $184K | $276.2K | +50.1% |
3 Bedrooms | $240K | $225K | -6.3% |
4 Bedrooms | $300K | $575K | +91.7% |
5+ Bedrooms | - | $184.3K | N/A |
Summary: Camden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.9%, 2 bedroom homes increased by 50.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 91.7%, and 5+ bedroom homes did not change.
Housing Supply in Camden, TN
How many homes are available in Camden, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The Camden real estate market had 26 homes for sale in May 2024, a 3.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Camden housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Camden in May 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Camden, TN
How long does it take to sell a home in Camden, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 23 Days | -62.8% |
Summary: Homes in Camden had an average of 23 days on market in May 2024, down by 62.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Camden; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.