Camden, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 816 transactions over the past year in Camden. The median value for residential home transactions that occurred over the previous year is $106,481.1. The number of current listings in Camden is 85, and the percentage of properties for sale in the city is 85.00%. Camden, NJ currently has 344 properties in foreclosure, 12 bank owned properties, 30 properties headed for auction, and 85 properties for sale.
Camden, NJ Real Estate Market Overview
Housing Market Summary for Camden, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $118.9K | $106.1K | -10.73% |
Median Sold Price | $83,270 | $106.1K | 27.42% |
Homes For Sale | 54 | 83 | 53.70% |
Homes Sold | 588 | 459 | -21.94% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Camden, NJ
Browse Homes in Camden, NJ
Camden home values range from $62,860 to $726,300. The median estimated value of a home in Camden is $106,481.1. The median list price of a home is 149,900, and the total count of properties in the city is 18,043.
- Pre-ForeclosurePre-foreclosure homes account for 1.67% of all residential properties in Camden, NJ with 08104 containing 116 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Camden, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $192,400 in 08102 to the lowest home value of $62,900 in 08103.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Camden, NJ ranges from the highest value of $118,000 in 08102 to the lowest value of $67,960 in 08104. Bank owned homes and properties account for 0.07% of properties in Camden, NJ. There are 4 zips within Camden, NJ; 08104 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08104 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Camden, NJ. Auction homes and other auction properties account for 0.17% of all properties in Camden, NJ. There are 4 zips within Camden, NJ; of those zips, the median estimated home value for homes going to auction ranges from $136,500 in 08102 to the lowest value of $65,030 in 08102.
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Guide for Camden, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.