Is Camden, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camden is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Camden was a Seller's Market.

Key Takeaway

Camden is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Camden, NJ

How much do homes in Camden, NJ cost?

Median Sold Price

$140,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,000(+21.7%)

Key Takeaway

Homes in Camden have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in Camden was $140,000 in December 2024, up 21.7% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $105K$72K
-31.4%
2 $91K$108.6K
+19.4%
3 $118.6K$148.6K
+25.3%
4 $147.5K$183K
+24.1%
5+ $158K$155K
-1.9%

Summary: Camden housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Cities

Camden
+21.7%
Oaklyn
+17.4%
Woodlynne
+14.5%
Collingswood
+9.5%
Haddon Township
+1.2%

Housing Supply in Camden, NJ

How many homes are available in Camden, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
148138-6.8%

Summary: The Camden real estate market had 138 homes for sale in December 2024, a 6.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 2218
-18.2%
3 9691
-5.2%
4 2120
-4.8%
5+ 88
0.0%

Summary: The Camden housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3122-29.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camden, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Camden in December 2024, down by 29.0% month-over-month. Of the 22 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.

Days on Market for Camden, NJ

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

Average Sale Time

Dec 2023Dec 2024CHANGE
34 Days15 Days-56.0%

Summary: Homes in Camden had an average of 15 days on market in Dec 2024, down by 56% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Camden are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 22 homes were sold in Camden; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Camden, NJ

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