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Market Snapshot

Median listing price
$849K

The median listing price in Camas, WA ZIP 98607 is $849,000 as of June 2026.

Median rent
$1,995/mo

The median market rent in Camas, WA ZIP 98607 is $1,995/month as of June 2026.

Days on market
199 days

The median days on market in Camas, WA ZIP 98607 is 199 days as of June 2026. The market is currently neutral.

Gross rental yield
2.82%

At a median list price of $849,000 and a median rent of $1,995/month, the gross rental yield in Camas, WA ZIP 98607 is 2.82% as of June 2026.

STR vs LTR
$2,537/mo STR · $1,995/mo LTR

In Camas, WA ZIP 98607, median Airbnb revenue is $2,537/month compared to median long-term rent of $1,995/month as of June 2026.

Camas, WA 98607 Real Estate Market Report

ZIP Code: 98607

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
290
Active Listings
110
Sold Properties
180

Market Metrics

Median Listing Price
$849,000
Median Sold Price
$912,000
Median Price per Sqft
$342/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,995

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.75%

Liquidity & Velocity

Median Days on Market
199
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's primary market signal is the median sold price, which stands at $912,000 and represents the most reliable indicator of recent transaction value in the area (representative recent sale).
  2. Listing dynamics show a divergence between asking and transaction benchmarks — the median listing price is $849,000 compared with the median sold price of $912,000, which may indicate pricing friction or sample timing differences between seller expectations and realized sale prices (pricing friction).
  3. Liquidity appears slower: the median days on market is 199 days, which suggests longer marketing periods and slower sales velocity that may increase buyer negotiation leverage while keeping the market broadly balanced (market temperature is neutral).
  4. Broader market pressures are mixed and cautionary: the price year-over-year trend is down while interest rate pressure is elevated and rent year-over-year trend is flat, which together may constrain rapid price appreciation and support more measured listing strategies (elevated interest rate pressure).

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

5298 N 87th Ave, Camas, WA 98607
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths2,380 sqft
$3,804,900
May 1, 2026
$1,599/sqft/sqft
5359 N 87th Ave, Camas, WA 98607
Premium

Sold above market average

3 beds2 baths2,380 sqft
$3,804,900
May 1, 2026
$1,599/sqft/sqft
1303 Nw Ostenson Canyon Rd, Camas, WA 98607
Premium

Sold above market average

4 beds4 baths5,221 sqft
$3,500,000
May 1, 2026
$670/sqft/sqft
93 days on market
2955 Nw Dahlia Dr, Camas, WA 98607
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths2,771 sqft
$816,500
May 1, 2026
$295/sqft/sqft
347 days on market
4616 Nw Valley St, Camas, WA 98607
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths2,245 sqft
$815,000
May 1, 2026
$363/sqft/sqft
147 days on market
2718 Nw 25th Cir, Camas, WA 98607
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths3,709 sqft
$810,000
Mar 1, 2026
$218/sqft/sqft
25106 Ne 25th St, Camas, WA 98607
Market Benchmark

Sold at market average

3 beds1 baths1,235 sqft
$390,000
May 1, 2026
$316/sqft/sqft
95 days on market
5506 Ne 349th Ave, Camas, WA 98607
Value

Sold below market average

3 beds2 baths1,664 sqft
$265,000
May 1, 2026
$159/sqft/sqft
413 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$3,451/mo
98607 Avg Rent
98607 Cost to Own
Rent$1,995
Own$5,446

20% down, 6.50% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

98607 Avg nightly rate
98607 Avg occupancy (days/year)
Nightly rate$173/night
Occupancy176 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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