Home Values

Camano Island Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$304,100

  • 7.7% 1-year change
  • None 1-year forecast

The median home value in Camano Island is $304,100. Camano Island home values have gone up 7.7% over the past year. The median list price per square foot in Camano Island is $168, which is the same as the Oak Harbor Metro average of $168. The median price of homes currently listed in Camano Island is $335,000 while the median price of homes that sold is $257,950. The median rent price in Camano Island is $1,200, which is higher than the Oak Harbor Metro median of $1,050.

Foreclosures will be a factor impacting home values in the next several years. In Camano Island 8.4 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Camano Island is 5.4%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Camano Island homeowners underwater on their mortgage is 13.8%.

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Relative ZHVI
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Camano Island Market Overview

Data through Feb 28, 2015
  • $304,100 ZHVI
  • No data 1-yr forecast
  • $335,000 Median listing price
  • $257,950 Median sale price
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Camano Island Market Health

Data through Feb 28, 2015
  • 2.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 13.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

8.4 homes Camano Island
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Nordland $340,500
Langley $323,900
Greenbank $320,900
Name Median ZHVI
Freeland $307,200
Stanwood $299,300
Clinton $298,400
Name Median ZHVI
Coupeville $272,000
La Conner $234,900
Oak Harbor $220,900

Listings & Sales

Data through Feb 28, 2015
  • $168 Median list price / sq ft
  • $146 Median sale price / sq ft
  • 13.9% Listings with price cut
26.8%
Sold below listing
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Camano Island Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,356 Camano Island
    $1,344 Oak Harbor Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price (Jan 31, 2015)
  • $0.84 Rent list price / sq ft (Jan 31, 2015)
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