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Tuesday, December 24, 2024

Camden home prices rise in the fourth quarter of 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in the fourth quarter of 2019 in Camden rose by $30,000 while total sales increased by 15.4%, according to BlockShopper.com.

From October through December of 2019, there were 15 homes sold, with a median sale price of $230,000 - a 15% increase over the $200,000 median sale price for the same period of the previous year. There were 13 homes sold in Camden in the fourth quarter of 2018.

The median sales tax in Camden for the most recent year with available data, 2015, was $619, approximately 0.3% of the median home sale price for the fourth quarter of 2019.

The following table compares Camden to other Kent County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Bowers220%$242,850$347,500-30.1%
Chimney Hill34-25%$241,000$181,00033.1%
Eagles Nest41300%$236,500$230,0002.8%
Misty Pines110%$235,000$245,000-4.1%
Felton5861-4.9%$230,000$184,90024.4%
Camden151315.4%$230,000$200,00015%
Hall Estates110%$225,000$221,0001.8%
Wynn Wood110%$225,000$199,90012.6%
Woods Haven23-33.3%$224,775$219,9002.2%
Ryans Run14-75%$222,750$256,750-13.2%
Cheswold330%$222,732$265,000-16%

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