Camas appreciation rates and housing market information

Camas housing market information

With 12,682 people, 4,765 houses or apartments, and a median cost of homes of $387,331, Camas house prices are not only among the most expensive in Washington, Camas real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Camas, accounting for 82.83% of the city's housing units. Other types of housing that are prevalent in Camas include large apartment complexes or high rise apartments (7.74%), duplexes, homes converted to apartments, or other small apartment buildings (5.18%), row houses and other attached homes (2.46%), and a few mobile homes or trailers (1.78%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Camas. Owner-occupied housing accounts for 72.44% of Camas's homes, and 66.28% have either three or four bedrooms, which is average sized relative to America.

Camas homes and real estate are some of the newest in America. 34.63% of Camas's housing was built since 1995, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Camas real estate market has to offer. Quit a bit of the housing here was also built between 1970-1994 (27.62%), and 1940-1969 (23.08%).

Camas home appreciation rates

In the last 10 years, Camas has experienced some of the highest home appreciation rates of any community in the nation. Camas real estate appreciated 162.34% over the last ten years, which is an average annual home appreciation rate of 16.23%, putting Camas in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Camas definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Camas that despite a nationwide downturn in the housing market, Camas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Camas appreciation rates continue to be some of the highest in America, at 2.58%, which is higher than appreciation rates in 71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Camas. Camas appreciation rates in the latest quarter were at 1.05%, which equates to an annual appreciation rate of 4.20%.

Relative to Washington, our data show that Camas's latest annual appreciation rate is higher than 78% of the other cities and towns in Washington.