The housing market in Camden, NJ County is currently on the rise. The median value of homes in the county is $276,500, which is significantly lower than the US house median value of $338,100. However, this county has seen an impressive surge in appreciation over the past year with a 12.84% increase compared to the 8.27% US house appreciation rate over the same period. This shows that there is a great potential for growth in the local real estate market for those looking to invest or buy a home.
The median home cost in Camden County is $276,500. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Camden County is up 17.5%.
Average Age of Homes
- The median age of Camden County real estate is 52 years old
The Rental Market in Camden County
- Renters make up 29.4% of the Camden County population
- 1.5% of houses and apartments in Camden County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.