Camas, WA 98607 Real Estate Market Report

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.

Market Metrics

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

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

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market value signal is the median sold price of $903,591, which indicates recent transaction levels and, when combined with a down price year-over-year trend, suggests pricing pressure on comparable properties that sellers should address in their pricing strategy.
2. The gap between the median listing price of $889,500 and the median sold price of $903,591 may indicate modest pricing friction and that some listings are achieving sale prices roughly in line with seller expectations; sellers should prioritize cleanliness, condition, and targeted marketing to avoid extended time on market.
3. With a median days on market of 131, the market is showing slower sales velocity and longer listing lifecycles, which may indicate buyers are more selective and that sellers may need to adjust timeline expectations or offer concessions to accelerate transactions.
4. Elevated borrowing costs—current 30-year fixed mortgage rates averaging 6.49%—combined with an up rent year-over-year trend and a median market rent of $2,495, suggest stronger rental demand; investors should weigh longer holding periods and financing sensitivity when underwriting deals.

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.