Camas, WA Real Estate Market

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 Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Camas, WA Housing Market Trends

With 26,065 people, 8,263 houses or apartments, and a median cost of homes of $682,483, 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 83.45% of the city's housing units. Other types of housing that are prevalent in Camas include row houses and other attached homes ( 5.80%), large apartment complexes or high rise apartments ( 5.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.08%).

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 77.83% of Camas's homes, and 69.55% 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. 39.94% of Camas's housing was built since 2000, 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. Quite a bit of the housing here was also built between 1970-1999 ( 36.03%), and between 1940-1969 ( 13.77%). There's also some housing in Camas built before 1939 ( 10.26%).

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 133.86% over the last ten years, which is an average annual home appreciation rate of 8.87%, 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 22.62%, which is higher than appreciation rates in 84.18% 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 8.18%, which equates to an annual appreciation rate of 36.96%.

Relative to Washington, our data show that Camas's latest annual appreciation rate is lower than 70% 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:
$682,483

Camas, WA HOME PRICES

> $1,412,000
3.1%
3.1%
$1,059,001 - $1,412,000
5.3%
5.3%
$705,001 - $1,059,000
28.2%
28.2%
$565,001 - $705,000
21.7%
21.7%
$423,001 - $565,000
25.0%
25.0%
$283,001 - $423,000
11.4%
11.4%
$141,001 - $283,000
2.3%
2.3%
$71,001 - $141,000
0.4%
0.4%
$0 - $71,000
2.5%
2.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for WA

Value Relative To Nation

Number Of Homes And Apartments:
8,263

Camas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
189.74% 4.95%
5
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,038 / per month

Homeownership Rate

Owners
77.8%
77.8%
Renters
22.2%
22.2%
Vacant
4.2%
4.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
39.9%
39.9%
1970 - 1999
36.0%
36.0%
1940 - 1969
13.8%
13.8%
1939 or Older
10.3%
10.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
83.4%
83.4%
Townhomes
5.8%
5.8%
Small Apt. Buildings
4.1%
4.1%
Apt. Complexes
5.5%
5.5%
Mobile Homes
1.1%
1.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.5%
0.5%
1 Bedroom
4.5%
4.5%
2 Bedrooms
14.2%
14.2%
3 Bedrooms
36.4%
36.4%
4 Bedrooms
33.2%
33.2%
5 or more bedrooms
11.2%
11.2%
0.0% 100.0%
% OF HOMES