Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Camden County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $109,758 | $238,631 | $242,182 |
| Price Trend (Annual %) | -2.3% | 9.0% | 8.2% |
| Median Gross Rent | $1,166 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 3.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Camden County is about 54% lower than in Georgia. Rent is about 11% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Camden County: home prices fell about 2.3% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
Median rent in Camden County rose about 26.6% between 2015 and 2023, from $921 to $1,166. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 1.5 yearly household incomes in Camden County.
Buying the median-priced home in Camden County costs roughly 7.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Camden County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Camden County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $109,758 | $238,631 | $242,182 |
| Median Household Income | $71,182 | $74,683 | $78,145 |
| Price-to-Income Ratio | 1.5 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Camden County fell about 17.5%, while median household income rose about 45.5% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Camden County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.8% | 58.4% | 58.2% |
| Rental Rate | 32.8% | 31.0% | 31.3% |
| Vacancy Rate | 9.3% | 10.6% | 10.6% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Camden County has a homeownership rate of 57.8%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 9.3%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Camden County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1993 | 1989 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Camden County was built around 1993. On average, 2.6 people live in a home with about 6.0 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Camden County, Georgia.
What is the median home price in Camden County, Georgia?
The median home price in Camden County, Georgia is $109,758, lower than the Georgia average of $238,631.
What is the average home price in Camden County, Georgia?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Camden County, Georgia?
The median gross rent in Camden County, Georgia is $1,166 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Camden County in 2020?
In 2020, the median gross rent in Camden County, Georgia was $969 per month.
What is the price-to-rent ratio in Camden County, Georgia?
The price-to-rent ratio in Camden County, Georgia is about 7.8, meaning it would take roughly 7.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Camden County.
Are home prices or rent rising faster in Camden County, Georgia?
Home prices and rent are moving in opposite directions in Camden County: home prices fell about 2.3% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Camden County, Georgia?
57.8% of households in Camden County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Camden County, Georgia?
The housing vacancy rate in Camden County, Georgia is 9.3%, lower than the Georgia average of 10.6%.