Camden County’s Home Values Soar with a 12% Increase

Camden County Home Values Soar FI

Camden County has experienced the largest rise in residential property values in New Jersey, according to recent Zillow data.

Homeowners in the county saw a notable 12% increase in property values over the past year, pushing the average home price from $286,000 to $321,000.

This surge in property values reflects the county’s continued economic growth, driven by efforts to expand the job market, attract businesses, and invest in local infrastructure.

The broader trend of rising home values is also evident in Camden City.

A recent Axios analysis revealed that the city’s zip codes—08104, 08102, and 08105—are seeing some of the greatest increases in the Philadelphia metro area.

For instance, zip code 08104 saw a 33% rise in home values compared to last year, with 08102 and 08105 following with increases of 23% and 21%, respectively.

The increase in property values is a positive sign for the county’s economic direction.

Additionally, with rising home values, homeowners now have the opportunity to use the equity in their properties to make improvements and further enhance their wealth.

Over the past decade, major healthcare institutions like Cooper University Health Care, Jefferson Health, and Virtua Health have poured nearly $3 billion into expanding hospital facilities and related services.

In addition, businesses such as Archer, Campbell’s, Lockheed Martin, American Water, ResinTech, and Holtec International have made substantial investments.

Now, there’s a strong sense that the rising demand for property in Camden County is closely tied to the influx of private and public investments.

South Jersey’s economic development has made it an increasingly attractive location for potential homeowners as businesses continue to recognize its growth potential.

The county’s Board of Commissioners has played an instrumental role in supporting this growth through various strategic initiatives.

In particular, the construction of a new police department in 2013 stands out, as it led to a dramatic 50% reduction in violent crime over the past 11 years.

Alongside these public safety improvements, the county has committed $100 million to its Parks Alive 2025 project, which focuses on developing parks and recreation facilities.

There has also been a continued investment in infrastructure, with ongoing street repaving, bridge repairs, and other improvements that make Camden County a more desirable place to live.

With its continued investments, Camden County is clearly positioning itself as a growing hub in South Jersey.

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