Market Overview
Home Prices in Camano Island, WA
The median home value in Camano Island, WA is $737,349 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Camano Island are priced80% above average. Camano Island is part of the Oak Harbor, WA metro area.
Over the past five years, Camano Island home values have risen by approximately11.1%, reflecting steady appreciation in this market.
Price History
Camano Island Home Price Trend
City Comparison
Camano Island vs. National Median
At $737,349, homes in Camano Island cost 80% above the national median of $410,000. Buyers in Camano Island should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Camano Island?
20% Down Payment
$147,470
on $737,349
Monthly P&I
$3,846/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,884/mo
incl. taxes & insurance
Income Needed
$195,360
gross annual (30% rule)
10% Down Option
$73,735
+ PMI applies
Loan Amount (20% dn)
$589,879
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Camano Island, WA?
The median home value in Camano Island is $737,349 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Camano Island?
Over the past year, home values in Camano Island have decreased by 0.5%. Over five years, prices have risen approximately 11.1%.
How much do I need to earn to buy a home in Camano Island?
To comfortably afford the median home price of $737,349 with a 20% down payment ($147,470) at today's rates (6.8%), you'd need a gross annual income of approximately $195,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Camano Island compare to the national average home price?
The national median home value is approximately $410,000. At $737,349, homes in Camano Island are 80% above the national average.
What metro area is Camano Island part of?
Camano Island is part of the Oak Harbor, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.