Camden, New Jersey Housing Market

How much can you negotiate in Camden?

Only 47 out of every 100 homes for sale have found a buyer. The other 53 are still waiting. Your offer may be the only one on the table. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing, not from the whole market.

A typical Camden home takes 74 days to find a buyer. Half of them take even longer. That is 42% slower than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 90+ days ago. There are 127 homes for sale in Camden. That is 2.8 times the tightest month on record, but below the peak of 265. Supply is growing against last year.

What to do about it

• Search Camden homes listed 90+ days ago that have already cut their price.
• Offer below the reduced price.
• Keep your inspection and financing contingencies.
• Ask the seller to pay closing costs.
• You can lose a few offers here and still win.

Is now a good time to buy in Camden?

Asking prices are at their highest point on record. You are buying at the top. Underwrite it that way. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house. Camden prices have risen in 103 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

Who will rent from you in Camden?

Most Camden households rent. 66 out of every 100 households are renters. The renter share is growing. Five years ago it was 61 in 100. Camden added about 900 renter households in five years. Renter households here average 2.8 people. Families rent here. Buy bedrooms, not studios.

Households shrank 2% in five years. The housing stock shrank 8%. Demand is outrunning supply. 10.7% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.

The median Camden household earns $39,970 a year. Incomes here have grown 7.7% a year since 2019. Home prices have outrun incomes. Locals are being priced out. A typical home costs 5.1 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. A tenant on the median income can pay about $999 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast.

That is the market, not your address. Run an address through the app to see its rent estimate and cash flow.

What numbers should you underwrite a Camden deal with?

• Price growth to assume — +8.0%/yr. Camden grew 15.1% a year over the last five years. That is faster than its ten-year pace. The momentum is recent. Do not assume it continues. Underwrite between the two rates. Prices rose 9.8% over the last year. That is a timing signal, not a trend.
• Months of carrying cost — 3. A typical home takes 74 days to sell. Budget that long when you exit or refinance. It is 42% slower than a year ago.
• Odds you cut your price to sell — 1 in 8. About 13% of homes on the Camden market right now have already cut their asking price. Assume you are one of them when you sell. Do not underwrite an exit at your asking price.
• Comp on this, not median price — $162/sqft. The average listing runs +0% above the median. Luxury homes skew it. Comp your own size class per sqft.
• Competition when you exit — +30%. That is how much the number of homes for sale grew in a year. Your resale will face a bigger crowd than today's comps did.
• Price-to-income ratio — 5.1×. A typical home costs 5.1 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. Home prices have outrun incomes. Locals are being priced out.
• Tenant rent ceiling — $999/mo. 30% of the median household income of $39,970. Rents above this line shrink your tenant pool fast.

Is Camden a buyer's or seller's market in 2026?

Yes, if you negotiate. Buyers have the upper hand in Camden right now. 47 out of every 100 homes for sale have a buyer, 13% of sellers have cut their price, and a typical home takes 74 days to sell.

Are Camden home prices going up or down?

Asking prices are at their highest point on record. You are buying at the top. Underwrite it that way. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house.

What price growth should I assume for Camden?

Assume +8.0% a year. Camden grew 15.1% a year over the last five years. That is faster than its ten-year pace. The momentum is recent. Do not assume it continues. Underwrite between the two rates. Prices rose 9.8% over the last year. That is a timing signal, not a trend.

How fast are homes selling in Camden?

A typical Camden home takes 74 days to find a buyer. Half of them take even longer. That is 42% slower than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 90+ days ago.

Is Camden a renters' market or an owners' market?

Most Camden households rent. 66 out of every 100 households are renters. The renter share is growing. Five years ago it was 61 in 100. 10.7% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.

What rent can Camden tenants afford?

A tenant on the median income can pay about $999 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast. The median Camden household earns $39,970 a year.