Is Camden County, NJ 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, NJ
How much do homes in Camden County, NJ cost?
Median Sold Price
$308,545
$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 8.3% more than they did a year ago.
Summary: The median home sold price in Camden County was $308,545 in March 2024, up 8.3% 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 | $127K | $155K | +22.0% |
| 2 Bedrooms | $180K | $215K | +19.4% |
| 3 Bedrooms | $270.4K | $286.3K | +5.9% |
| 4 Bedrooms | $384.9K | $405.1K | +5.2% |
| 5+ Bedrooms | $465K | $498.9K | +7.3% |
Summary: Camden County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Counties
| Atlantic County | $300.5K | $336.5K | +12.0% |
| Gloucester County | $290.6K | $315K | +8.4% |
| Camden County | $284.9K | $308.5K | +8.3% |
| Burlington County | $325.2K | $350.7K | +7.8% |
| Philadelphia County | $272.2K | $257.5K | -5.4% |
Housing Supply in Camden County, NJ
How many homes are available in Camden County, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2,294 | 2,382 | +3.8% |
Summary: The Camden County real estate market had 2,382 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 40 | 43 | +7.5% |
| 2 Bedrooms | 333 | 338 | +1.5% |
| 3 Bedrooms | 1,087 | 1,127 | +3.7% |
| 4 Bedrooms | 643 | 665 | +3.4% |
| 5+ Bedrooms | 191 | 209 | +9.4% |
Summary: The Camden County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 9.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 340 | 337 | -0.9% |
Asking Price vs. Sold Price
94 Homes Were Sold
Under Asking
70 Homes Were Sold
At Asking
173 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Camden County, you could pay more than the asking price. 51.3% of homes here sold above asking price last month.
Summary: A total of 337 homes were sold or pending in Camden County in March 2024, down by 0.9% month-over-month. Of the 337 sold homes, 28% were sold under asking, 21% were sold at asking, and 51% were sold over asking.
Days on Market for Camden County, NJ
How long does it take to sell a home in Camden County, NJ?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 33 Days | +6.1% |
Summary: Homes in Camden County had an average of 33 days on market in Mar 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
232 Homes Were Sold
Under 30 Days
65 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Camden County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 337 homes were sold in Camden County; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% 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 Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 
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.