Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 4,211 people, 1,566 houses or apartments, and a median cost of homes of $395,285, Camden real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Camden, accounting for 86.93% of the town's housing units. Other types of housing that are prevalent in Camden include row houses and other attached homes ( 7.71%), mobile homes or trailers ( 3.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.82%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Camden. Owner-occupied housing accounts for 83.76% of Camden's homes, and 64.33% have either three or four bedrooms, which is average sized relative to America.
Camden homes and real estate are some of the newest in America. 58.62% of Camden's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Camden real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 23.96%), and between 1940-1969 ( 13.83%). There's also some housing in Camden built before 1939 ( 3.59%).
Appreciation rates for homes in Camden have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 89.72%, which ranks in the top 50% nationwide. This equates to an annual average Camden house appreciation rate of 6.61%.
Appreciation rates are so strong in Camden that despite a nationwide downturn in the housing market, Camden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Camden appreciation rates continue to be some of the highest in America, at 14.50%, which is higher than appreciation rates in 97.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Camden. Camden appreciation rates in the latest quarter were at 6.48%, which equates to an annual appreciation rate of 28.54%.
Importantly, this makes Camden one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Delaware, our data show that Camden's latest annual appreciation rate is higher than 90% of the other cities and towns in Delaware.
$395,285
for Delaware
for nation
1,566
$2,209 / per month