Camas, WA 98607 Real Estate Market Report

ZIP Code: 98607
Report Date: May 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.

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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

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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. Using median sold price as the primary indicator of market value and recent transaction activity, the neighborhood's representative recent sale is $824,000, which should be treated as the best single datapoint for pricing and comps in Camas and may indicate modest downward pressure relative to prior periods. representative recent sale

2. There is a visible gap between asking and transaction benchmarks—$810,000 median listing price versus the median sold price—suggesting some pricing friction where sellers' expectations may be slightly below or near recent transaction levels and may require selective concessions or time to transact. pricing friction

3. Liquidity is slower than typical market turnover as shown by 191 median days on market, which appears consistent with a neutral market temperature; this longer time to contract may indicate more negotiation room for buyers and slower sales velocity for sellers. slower sales velocity

4. Fundamentals show mixed signals: price momentum is down year-over-year while rents are up, and interest rate pressure is elevated—together these suggest a cautiously balanced market where rental demand remains supportive but purchase activity is facing headwinds from financing costs. elevated interest rate pressure

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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.

Camas, WA 98607 Real Estate Market Report

ZIP Code: 98607
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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 primary market indicator, median sold price, is $695,000, which anchors recent transaction value and, alongside a median days on market of 333, suggests slower sales velocity in the current sample.

2. The median listing price is $625,000, sitting below the median sold price and signaling potential pricing friction between seller expectations and recent transaction prices; interpret this cautiously given the neutral market temperature and sample constraints.

3. Interest rate pressure is elevated, which combined with a neutral market temperature appears to dampen buying urgency and may contribute to the observed slower liquidity.

4. The median market rent is $1,495 and the rent year-over-year trend is up, indicating strengthening rental demand even as sales-side activity shows cooling.

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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.