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 3,659 people, 1,502 houses or apartments, and a median cost of homes of $226,624, house prices in Camden are solidly below the national average.
Single-family detached homes are the single most common housing type in Camden, accounting for 83.99% of the city's housing units. Other types of housing that are prevalent in Camden include large apartment complexes or high rise apartments ( 7.49%), mobile homes or trailers ( 4.65%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.48%).
The most prevalent building size and type in Camden are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.03% owning and 44.97% renting.
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 43.75% of the city's housing hails from this era. Other housing ages represented in Camden include homes built between 1970-1999 ( 29.12%) and housing constructed before 1939 ( 15.41%). There's also some housing in Camden built between 2000 and later ( 11.72%).
In the last 10 years, Camden has experienced some of the highest home appreciation rates of any community in the nation. Camden real estate appreciated 135.12% over the last ten years, which is an average annual home appreciation rate of 8.93%, putting Camden in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Camden definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
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 16.55%, which is higher than appreciation rates in 98.34% 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 2.75%, which equates to an annual appreciation rate of 11.45%.
Relative to Tennessee, our data show that Camden's latest annual appreciation rate is higher than 90% of the other cities and towns in Tennessee.
$226,624
for Tennessee
for nation
1,502
$1,314 / per month