Camden, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Camden Neighborhoods Since 2000




Camden, SC Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Camden Housing Market Information

With a population of 7,085, 3,131 total housing units (homes and apartments), and a median house value of $162,263, Camden real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Camden, accounting for 82.57% of the city's housing units. Other types of housing that are prevalent in Camden include large apartment complexes or high rise apartments ( 11.17%), duplexes, homes converted to apartments or other small apartment buildings ( 5.91%).

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 69.41% of Camden's homes, and 53.39% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Camden's housing was primarily built during this period, from the '40s through the '60s. A full 52.82% of the city's housing hails from this era. Other housing ages represented in Camden include homes built between 1970-1999 ( 19.42%) and housing constructed before 1939 ( 15.55%). There's also some housing in Camden built between 2000 and later ( 12.20%).

Vacant housing appears to be an issue in Camden. Fully 14.71% of the housing stock is classified as vacant. Left unchecked, vacant Camden homes and apartments can be a drag on the real estate market, holding Camden real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Camden Home Appreciation Rates

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 2.12%, which ranks in the top 50% nationwide. This equates to an annual average Camden house appreciation rate of 0.21%.

Over the last year, Camden appreciation rates have trailed the rest of the nation. In the last twelve months, Camden's appreciation rate has been 0.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Camden were at 0.33%, which equates to an annual appreciation rate of 1.34%.

Relative to South Carolina, our data show that Camden's latest annual appreciation rate is lower than 80% of the other cities and towns in South Carolina.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Camden differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Camden - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Camden real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$162,263

Camden, SC HOME PRICES

Value Range
> $1,064,000 0.8
$798,001 - $1,064,000 1.4
$532,001 - $798,000 4.0
$426,001 - $532,000 5.3
$319,001 - $426,000 8.4
$213,001 - $319,000 10.6
$107,001 - $213,000 39.1
$53,001 - $107,000 23.5
$0 - $53,000 6.9

High for SC
Average for Nation

Value Relative to Nation Value Relative to State
44.7029180827376 20.817843866171

Number Of Homes And Apartments:
3,131

Camden Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
31.18% 1.59% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$746 / per month

Homeownership Rate

Homeownership
Owners 69.41
Renters 30.59
Vacant 14.71

Housing Market Details

 

Age of Homes

AGE OF Camden HOMES
2000 or Newer 12.2
1970 - 1999 19.4
1940 - 1969 52.8
1939 or Older 15.6

Types of Homes

TYPE OF Camden HOMES
Single-Family 82.6
Townhomes 0.4
Small Apt. Buildings 5.9
Apt. Complexes 11.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Camden HOMES
No Bedroom 2.23
1 Bedroom 3.92
2 Bedrooms 32.66
3 Bedrooms 41.68
4 Bedrooms 11.71
5 or more bedrooms 7.79