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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camden County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Camden County, NJ

How much do homes in Camden County, NJ cost?

Median Sold Price

$329,175

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,380(+9.8%)

Key Takeaway

Homes in Camden County have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Camden County was $329,175 in October 2024, up 9.8% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $141.5K$163K
+15.2%
2 $205.1K$225.5K
+9.9%
3 $279.3K$309.1K
+10.7%
4 $399.7K$424.9K
+6.3%
5+ $475K$500K
+5.3%

Summary: Camden County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Counties

Atlantic County
+22.0%
Gloucester County
+11.0%
Camden County
+9.8%
Burlington County
+9.0%
Philadelphia County
+0.6%

Housing Supply in Camden County, NJ

How many homes are available in Camden County, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,5691,638+4.4%

Summary: The Camden County real estate market had 1,638 homes for sale in October 2024, a 4.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3229
-9.4%
2 204210
+2.9%
3 754795
+5.4%
4 475498
+4.8%
5+ 104106
+1.9%

Summary: The Camden County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.4%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 1.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
421393-6.7%

Asking Price vs. Sold Price

112 Homes Were Sold
Under Asking

59 Homes Were Sold
At Asking

222 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camden County, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.

Summary: A total of 393 homes were sold or pending in Camden County in October 2024, down by 6.7% month-over-month. Of the 393 sold homes, 28% were sold under asking, 15% were sold at asking, and 56% were sold over asking.

Days on Market for Camden County, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days27 Days+16.2%

Summary: Homes in Camden County had an average of 27 days on market in Oct 2024, up by 16.2% compared to last year.

Breakdown of Home Sale Times

279 Homes Were Sold
Under 30 Days

90 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 393 homes were sold in Camden County; 71% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 6% 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 20 Days Ago

Newest Listings in Camden County, NJ

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