Camas, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Camas Neighborhoods Since 2000




Camas, WA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Camas Housing Market Information

With 21,846 people, 7,035 houses or apartments, and a median cost of homes of $488,523, 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 84.48% of the city's housing units. Other types of housing that are prevalent in Camas include duplexes, homes converted to apartments or other small apartment buildings ( 5.22%), row houses and other attached homes ( 4.94%), and a few large apartment complexes or high rise apartments ( 4.93%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Camas. Owner-occupied housing accounts for 75.38% of Camas's homes, and 71.24% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Camas built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Camas built between 2000 and later ( 34.00%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.38%). There's also some housing in Camas built before 1939 ( 11.06%).

Camas Home Appreciation Rates

Appreciation rates for homes in Camas have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.71%, which ranks in the top 40% nationwide. This equates to an annual average Camas house appreciation rate of 0.75%.

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 9.71%, which is higher than appreciation rates in 92.99% 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 2.08%, which equates to an annual appreciation rate of 8.56%.

Importantly, this makes Camas one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Washington, our data show that Camas's latest annual appreciation rate is lower than 50% of the other cities and towns in Washington.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Camas differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Camas - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Camas real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$488,523

Camas, WA HOME PRICES

Value Range
> $1,358,000 0.8
$1,018,001 - $1,358,000 2.7
$679,001 - $1,018,000 15.4
$543,001 - $679,000 12.0
$407,001 - $543,000 19.3
$271,001 - $407,000 27.5
$136,001 - $271,000 19.2
$68,001 - $136,000 0.6
$0 - $68,000 2.6

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
6.20532052033283 12.0567375886525

Number Of Homes And Apartments:
7,035

Camas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
84.58% 3.62% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,294 / per month

Homeownership Rate

Homeownership
Owners 75.38
Renters 24.62
Vacant 4.79

Housing Market Details

 

Age of Homes

AGE OF Camas HOMES
2000 or Newer 34.0
1970 - 1999 38.6
1940 - 1969 16.4
1939 or Older 11.1

Types of Homes

TYPE OF Camas HOMES
Single-Family 84.5
Townhomes 4.9
Small Apt. Buildings 5.2
Apt. Complexes 4.9
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Camas HOMES
No Bedroom 0.69
1 Bedroom 2.98
2 Bedrooms 14.31
3 Bedrooms 36.00
4 Bedrooms 35.24
5 or more bedrooms 10.79