$14,599
0.05 Acres
Land
Patrick M Gorman, Listing Office: Keller Williams - Main Street
Is Camden, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, NJ
How much do homes in Camden, NJ cost?
Median Sold Price
$135,133
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,133(+17.5%)
Key Takeaway
Homes in Camden have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in Camden was $135,133 in November 2024, up 17.5% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $111K | +5.7% |
| 2 Bedrooms | $81.2K | $108.6K | +33.8% |
| 3 Bedrooms | $122K | $145K | +18.9% |
| 4 Bedrooms | $140K | $180K | +28.6% |
| 5+ Bedrooms | $158K | $165K | +4.4% |
Summary: Camden housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Camden | $115K | $135.1K | +17.5% |
| Oaklyn | $265K | $311K | +17.4% |
| Collingswood | $370K | $429K | +15.9% |
| Haddon Township | $420K | $425K | +1.2% |
Housing Supply in Camden, NJ
How many homes are available in Camden, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 155 | 158 | +1.9% |
Summary: The Camden real estate market had 158 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 25 | 24 | -4.0% |
| 3 Bedrooms | 94 | 103 | +9.6% |
| 4 Bedrooms | 26 | 20 | -23.1% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Camden housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Camden, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Camden in November 2024, down by 9.1% month-over-month. Of the 30 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 34 Days | -8.1% |
Summary: Homes in Camden had an average of 34 days on market in Nov 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 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 November 2024, 30 homes were sold in Camden; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.