The housing market in Camden, ME is thriving, with a median value of $568,300 compared to the US House median value of $338,100. In the last year, house appreciation has soared to 16.46%, significantly higher than the US 1 year house appreciation rate of 8.27%. This highlights the desirability of Camden as a place to live, and suggests that investing in real estate there may be a wise decision. This is attracting more attention from buyers and investors alike and making the housing market in Camden increasingly competitive.
The median home cost in Camden is $568,300. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Camden is up 20.6%.
Average Age of Homes
- The median age of Camden real estate is 54 years old
The Rental Market in Camden
- Renters make up 20.2% of the Camden population
- 6.5% 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.