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 1,815 people, 541 houses or apartments, and a median cost of homes of $124,243, house prices in Camden are some of the most affordable in Alabama as well as the nation.
Single-family detached homes are the single most common housing type in Camden, accounting for 78.86% of the city's housing units. Other types of housing that are prevalent in Camden include duplexes, homes converted to apartments or other small apartment buildings ( 9.00%), mobile homes or trailers ( 8.71%), and a few row houses and other attached homes ( 2.57%).
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 76.74% of Camden's homes, and 76.86% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Camden built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Camden built between 1940-1969 ( 20.57%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.00%). There's also some housing in Camden built before 1939 ( 2.71%).
Vacant housing appears to be an issue in Camden. Fully 22.71% 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Camden, where house values have increased just 39.11%, which is annualized rate of 3.36%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
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 2.49%, 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 -1.79%, which equates to an annual appreciation rate of -6.98%.
Notably, Camden's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Alabama, our data show that Camden's latest annual appreciation rate is lower than 80% of the other cities and towns in Alabama.
$124,243
for Alabama
for nation
541
$1,683 / per month