Is Camden, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Camden has remained a Buyer's Market.
Housing Prices in Camden, NJ
How much do homes in Camden, NJ cost?
Median Sold Price
$115,120
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Camden was $115,120 in March 2024, up 17.7% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $72K | -31.4% |
2 Bedrooms | $75.5K | $100K | +32.5% |
3 Bedrooms | $106K | $125K | +17.9% |
4 Bedrooms | $125K | $155K | +24.0% |
5+ Bedrooms | $90K | $190K | +111.1% |
Summary: Camden housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 111.1%.
Median Sold Price Compared To Nearby Cities
Woodlynne | $140.7K | $185K | +31.4% |
Camden | $97.8K | $115.1K | +17.7% |
Haddon Township | $376.5K | $420K | +11.6% |
Collingswood | $341K | $375K | +10.0% |
Oaklyn | $250K | $265K | +6.0% |
Housing Supply in Camden, NJ
How many homes are available in Camden, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
365 | 338 | -7.4% |
Summary: The Camden real estate market had 338 homes for sale in March 2024, a 7.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 88 | 79 | -10.2% |
3 Bedrooms | 221 | 204 | -7.7% |
4 Bedrooms | 42 | 39 | -7.1% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Camden housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 31 | -34.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Camden in March 2024, down by 34.0% month-over-month. Of the 31 sold homes, 35% were sold under asking, 29% were sold at asking, and 35% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 44 Days | -26.5% |
Summary: Homes in Camden had an average of 44 days on market in Mar 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in Camden; 61% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.