Is Camden, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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, MI
How much do homes in Camden, MI cost?
Median Sold Price
$342,500
$284/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Camden have sold for 17% less than they did a month ago.
Summary: The median home sold price in Camden was $342,500 in April 2024, down 17% from last month, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | - | N/A |
| 3 Bedrooms | $448.7K | $342.5K | -23.7% |
| 4 Bedrooms | $473.7K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Camden housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 23.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Camden, MI
How many homes are available in Camden, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Summary: The Camden real estate market had 8 homes for sale in April 2024, a 33.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Camden housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Camden, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Camden in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Camden, MI
How long does it take to sell a home in Camden, MI?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 83 Days | +41.5% |
Summary: Homes in Camden had an average of 83 days on market in Apr 2024, up by 41.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Camden are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Camden; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
