Camas, WA 98607 Real Estate Market Report

ZIP Code: 98607
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Camas, WA is characterized by a median sold price of $859,000, reflecting a robust demand despite a backdrop of increasing inventory levels. The neighborhood has experienced a year-over-year price trend that is up, indicating a strengthening market. The median days on market stands at 182, suggesting a slower sales velocity, which may indicate a shift towards a more balanced market as inventory levels rise relative to sales activity.

In this context, the median listing price of $749,900 reveals a notable gap between asking prices and actual sold prices, which may suggest pricing friction as sellers adjust expectations to align with market realities. The median market rent is recorded at $3,090, further emphasizing the sustained demand for housing in the area, supported by steady job growth and migration into the metro region.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. The median sold price of $859,000 indicates strong market demand despite rising inventory levels.

2. With a median days on market of 182, the market is experiencing slower sales velocity, suggesting a potential shift towards balance.

3. The median listing price of $749,900 shows a significant gap compared to sold prices, indicating possible pricing friction.

4. The year-over-year price trend is up, reflecting a strengthening market amidst elevated inventory levels.

5. The median market rent of $3,090 highlights continued demand for housing in the area, supported by job growth and migration.

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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.