$4,453 Closing Credit*
$375,000
1,695 SqFt
3 Beds
•2 Full Baths, 1 Partial
Marcia Rostien, Listing Office: Woodburn Realty
Is Camden, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Camden has remained a Seller's Market.
Key Takeaway
Camden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Camden, DE
How much do homes in Camden, DE cost?
Median Sold Price
$340,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$66,500(+24.3%)
Key Takeaway
Homes in Camden have sold for 24.3% more than they did a year ago.
Summary: The median home sold price in Camden was $340,000 in October 2024, up 24.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $186K | N/A |
| 2 Bedrooms | $182.4K | $222K | +21.7% |
| 3 Bedrooms | $258.5K | $304K | +17.6% |
| 4 Bedrooms | $350K | $407K | +16.3% |
| 5+ Bedrooms | - | $402.4K | N/A |
Summary: Camden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Camden | $273.5K | $340K | +24.3% |
| Camden Wyoming | $345.5K | $385K | +11.4% |
| Central Kent | $385K | $414K | +7.5% |
Housing Supply in Camden, DE
How many homes are available in Camden, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Camden real estate market had 15 homes for sale in October 2024, a 36.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 9 | +125.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Camden housing inventory by bedroom type for October 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 125%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Camden in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Camden, DE
How long does it take to sell a home in Camden, DE?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 19 Days | +353.8% |
Summary: Homes in Camden had an average of 19 days on market in Oct 2024, up by 353.8% 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
Key Takeaway
Many homes in Camden are selling fast, if you're buying plan to act quickly.
Summary: During October 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.
