Is Camden County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Camden County was a Seller's Market.
Key Takeaway
Camden County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Camden County, NC
How much do homes in Camden County, NC cost?
Median Sold Price
$394,500
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Camden County have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Camden County was $394,500 in March 2024, up 11.1% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $70.2K | N/A |
| 2 Bedrooms | $180K | $207.5K | +15.3% |
| 3 Bedrooms | $327.8K | $375K | +14.4% |
| 4 Bedrooms | $360K | $450K | +25.0% |
| 5+ Bedrooms | $464.9K | $495K | +6.5% |
Summary: Camden County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Counties
| Currituck County | $390K | $443.6K | +13.8% |
| Camden County | $354.9K | $394.5K | +11.1% |
| Pasquotank County | $265K | $291.1K | +9.9% |
Housing Supply in Camden County, NC
How many homes are available in Camden County, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 59 | +7.3% |
Summary: The Camden County real estate market had 59 homes for sale in March 2024, a 7.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Camden County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Camden County, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Camden County in March 2024, up by 33.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Camden County, NC
How long does it take to sell a home in Camden County, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 87 Days | +54.3% |
Summary: Homes in Camden County had an average of 87 days on market in Mar 2024, up by 54.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Camden County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 8 homes were sold in Camden County; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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