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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camden is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Camden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Camden, TN

How much do homes in Camden, TN cost?

Median Sold Price

$230,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+2.2%)

Key Takeaway

Homes in Camden have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Camden was $230,000 in October 2024, up 2.2% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $66.5K$65K
-2.3%
2 $248K$236K
-4.8%
3 $225K$225K
0.0%
4 $300K$599.9K
+100.0%
5+ -$184.3K
N/A

Summary: Camden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 100%, and 5+ bedroom homes did not change.

Housing Supply in Camden, TN

How many homes are available in Camden, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3436+5.9%

Summary: The Camden real estate market had 36 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2325
+8.7%
4 55
0.0%
5+ 01
+100.0%

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 decreased by 16.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camden, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Camden in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Camden, TN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days49 Days+8.9%

Summary: Homes in Camden had an average of 49 days on market in Oct 2024, up by 8.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Camden; 40% of homes were sold within 30 days, 60% 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 22 Days Ago

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