$2,018 Closing Credit*
$169,911
1,152 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tito B Santiago III, Listing Office: Garden State Properties Group - Merchantville
Is Camden, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Camden was a Seller's Market.
Key Takeaway
Camden is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Camden, NJ
How much do homes in Camden, NJ cost?
Median Sold Price
$130,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$23,000(+21.5%)
Key Takeaway
Homes in Camden have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Camden was $130,000 in September 2024, up 21.5% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $72K | -31.4% |
| 2 Bedrooms | $80K | $108.6K | +35.9% |
| 3 Bedrooms | $115K | $140K | +21.7% |
| 4 Bedrooms | $130K | $165K | +26.9% |
| 5+ Bedrooms | $115K | $170K | +47.8% |
Summary: Camden housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 35.9%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 47.8%.
Median Sold Price Compared To Nearby Cities
| Woodlynne | $155K | $197.5K | +27.4% |
| Camden | $107K | $130K | +21.5% |
| Oaklyn | $257.7K | $310.5K | +20.5% |
| Collingswood | $367K | $403K | +9.8% |
| Haddon Township | $420K | $425K | +1.2% |
Housing Supply in Camden, NJ
How many homes are available in Camden, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 145 | 158 | +9.0% |
Summary: The Camden real estate market had 158 homes for sale in September 2024, a 9.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 30 | 27 | -10.0% |
| 3 Bedrooms | 90 | 98 | +8.9% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Camden housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 35 | 25 | -28.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Camden, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Camden in September 2024, down by 28.6% month-over-month. Of the 25 sold homes, 40% were sold under asking, 32% were sold at asking, and 28% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 40 Days | 48 Days | +19.6% |
Summary: Homes in Camden had an average of 48 days on market in Sep 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 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 September 2024, 25 homes were sold in Camden; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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.