Is Camden Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camden Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Camden Township, MI

How much do homes in Camden Township, MI cost?

Median Sold Price

$227,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,000(+19.5%)

Key Takeaway

Homes in Camden Township have sold for 19.5% more than they did a year ago.

Summary: The median home sold price in Camden Township was $227,000 in October 2024, up 19.5% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $53K$105K
+98.1%
2 $167K$135K
-19.2%
3 $205K$254K
+23.9%
4 $275.4K$175K
-36.5%
5+ $175K$446.2K
+155.0%

Summary: Camden Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.1%, 2 bedroom homes decreased by 19.2%, 3 bedroom homes increased by 23.9%, 4 bedroom homes decreased by 36.5%, and 5+ bedroom homes increased by 155%.

Median Sold Price Compared To Nearby Cities

Camden
+22.4%
Camden Township
+19.5%
Montgomery
+6.2%
Reading Township
+1.3%

Housing Supply in Camden Township, MI

How many homes are available in Camden Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The Camden Township real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1011
+10.0%
4 33
0.0%
5+ 21
-50.0%

Summary: The Camden Township 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camden Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Camden Township in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Camden Township, MI

How long does it take to sell a home in Camden Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days71 Days+375.0%

Summary: Homes in Camden Township had an average of 71 days on market in Oct 2024, up by 375% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Camden Township has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Camden Township; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Camden Township, MI

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