House Prices

Elger Bay Camano Island, WA House Prices & Home Values 2026


Average Data

average house price$687,273
average size per house2172 ft²
average price per ft²303 $ / ft²

04/16/2026 - The value range (VR) for house prices in Elger Bay Camano Island, WA is $287.85/ sqft to $318.15/ sqft. An average home with 2172 sqft costs approximately $597,701 to $660,617. Camano Island, WA includes 1 ZIP codes and it is located in Island county. The lowest prices are found in ZIP 98282, while the highest are in ZIP 98282. The average price per sqare feet is $303. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Elger Bay Camano Island

98282384 $ / ft²




Historical development of home values in Elger Bay Camano Island

Year Estimated value (USD) Change vs. 2025
2010 $319,182 -53.6%
2011 $306,839 -55.4%
2012 $306,013 -55.5%
2013 $317,451 -53.8%
2014 $333,236 -51.5%
2015 $350,339 -49.0%
2016 $368,622 -46.4%
2017 $388,518 -43.5%
2018 $409,998 -40.3%
2019 $429,008 -37.6%
2020 $451,186 -34.4%
2021 $513,176 -25.3%
2022 $598,247 -13.0%
2023 $630,880 -8.2%
2024 $667,377 -2.9%
2025 $687,273 0.0%

Graph: estimated home values in Elger Bay Camano Island over time (USD)



Example: 100% financing house in Elger Bay Camano Island

Loan amount: $687,273

Interest rate: 5.74%

Fixed monthly payment: $4,004.63

Breakdown in the 1st month:
Interest portion: $3,285.16  –  Principal portion: $719.46

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $39,191.35 $8,864.19 $678,408.81
2 $38,669.31 $9,386.23 $669,022.58
3 $38,116.54 $9,939.00 $659,083.58
4 $37,531.21 $10,524.33 $648,559.25
5 $36,911.41 $11,144.13 $637,415.11
6 $36,255.10 $11,800.44 $625,614.67
7 $35,560.15 $12,495.39 $613,119.28
8 $34,824.27 $13,231.28 $599,888.00
9 $34,045.05 $14,010.50 $585,877.51
10 $33,219.94 $14,835.61 $571,041.90
11 $32,346.23 $15,709.31 $555,332.60
12 $31,421.08 $16,634.46 $538,698.13
13 $30,441.43 $17,614.11 $521,084.03
14 $29,404.10 $18,651.44 $502,432.58
15 $28,305.67 $19,749.87 $482,682.72
16 $27,142.56 $20,912.98 $461,769.73
17 $25,910.95 $22,144.60 $439,625.14
18 $24,606.80 $23,448.74 $416,176.40
19 $23,225.85 $24,829.69 $391,346.71
20 $21,763.57 $26,291.97 $365,054.74
21 $20,215.18 $27,840.36 $337,214.38
22 $18,575.60 $29,479.94 $307,734.43
23 $16,839.45 $31,216.09 $276,518.35
24 $15,001.07 $33,054.47 $243,463.87
25 $13,054.41 $35,001.13 $208,462.75
26 $10,993.12 $37,062.42 $171,400.33
27 $8,810.43 $39,245.11 $132,155.21
28 $6,499.19 $41,556.35 $90,598.87
29 $4,051.85 $44,003.69 $46,595.17
30 $1,460.37 $46,595.17 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Elger Bay Camano Island, WA


1500 sqft3900 sqft
Ø selling price$525,748$1,118,409
Ø fast selling$477,953$1,006,568
Ø high price sale$573,543$1,230,249

In 2026, houses in Elger Bay Camano Island, WA will be offered at an average price of $303 per square foot. A 1,500 sqft home priced at $525,748 is 21.99% more expensive per square foot than a 3,900 sqft home priced at $1,118,409. Home prices in Elger Bay Camano Island, WA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $774,283. Sellers who can wait longer may achieve a higher price of up to $946,346.


Elger Bay, Camano Island WA Neighborhood Guide

Location & Scenery

Elger Bay is a serene coastal neighborhood on the southwest side of Camano Island, WA, known for tidal flats, sandy beaches, and big-sky views.

Residents enjoy west-facing sunsets across Saratoga Passage toward Whidbey Island and, on clear days, the Olympic Mountains.

The nearby Elger Bay Preserve and estuary attract bald eagles, herons, and migrating shorebirds, making it a favorite for nature lovers.

Outdoor Recreation

Outdoor enthusiasts can access Cama Beach State Park and Camano Island State Park within minutes for hiking, beachcombing, and seasonal crabbing and fishing.

Calm waters and gradual shorelines make Elger Bay ideal for kayaking, paddleboarding, and family-friendly tidepool exploration.

In spring, locals often spot gray whales and harbor seals cruising the passage just offshore.

Lifestyle & Real Estate

Elger Bay real estate ranges from classic waterfront cabins to updated view homes, with many properties offering generous lots, evergreen privacy, and detached shops.

Buyers searching for Elger Bay homes for sale value the quiet streets, community beach access, and easy connections to schools and island events.

Access & Amenities

Daily needs are close by at Elger Bay Grocery and Camano Commons, while broader shopping and dining await in Stanwood just over the bridge.

Commuters appreciate the relaxed island pace with convenient access to I-5 via SR 532, yet the neighborhood retains a peaceful, close-knit community feel.



FAQ – Home Values in Elger Bay Camano Island

What is the median home value in Elger Bay Camano Island in 2026?

In 2026, the typical home value in Elger Bay Camano Island is about $687,273 for an average home size of 2172 square feet. This corresponds to an average price of roughly $303 per square foot.

What is the average cost per square foot in Elger Bay Camano Island?

In 2026, homes in Elger Bay Camano Island sell for an average of around $303 per square foot, with a typical range between $287.85 and $318.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Elger Bay?

The average home size in Elger Bay Camano Island is about 2172 square feet, with an estimated 2026 value around $687,273.



Neighborhoods close to Elger Bay Camano Island, WA

Uptown Port Townsend, WA285 $ / ft²
Lincoln Vancouver, WA211 $ / ft²
Northside Pullman, WA290 $ / ft²
Downtown Monroe Monroe, WA355 $ / ft²
Bayside Everett, WA245 $ / ft²
Belltown Seattle, WA1209 $ / ft²
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