Camden, NJ is an affordable city when it comes to housing. The median value of homes in Camden is $94,800, significantly lower than the US house median value of $338,100. Over the past year, house appreciation in Camden has been 11.32%, higher than the national average of 8.27%. This indicates that Camden is a desirable market for investing in real estate. Many residents can benefit from this positive trend by increasing their home value or taking advantage of low prices if they are looking to buy a property.
The median home cost in Camden is $94,800. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Camden is up 16.1%.
Average Age of Homes
- The median age of Camden real estate is 70 years old
The Rental Market in Camden
- Renters make up 49.3% of the Camden population
- 3.1% of houses and apartments in Camden, 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.