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Featured local agent — Bellingham, WA
Sarah Mitchell
Compass Real Estate · Bellingham, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Bellingham, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$641,280median sale price
How is the Bellingham, WA housing market right now?
The median home sale price in Bellingham, WA is $641,280, up 3.4% year-over-year. Homes sell in an average of 12 days with 200 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bellingham a buyer's or seller's market?
Bellingham, WA is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
101
Last 12 weeks
Days on market
12
Fast-moving
Active listings
200
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Bellingham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $641,280 |
| Median list price | $700,000 |
| Year-over-year price change | +3.4% |
| Average days on market | 12 days |
| Active inventory | 200 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $414/sq ft |
| Homes sold (latest month) | 101 |
| New listings (latest month) | 144 |
| Listings with a price cut | 23.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Bellingham by property type?
How the Bellingham, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $685,280 | $428/sq ft | 75 | 8 days |
| Condo / Co-op | $454,656 | $396/sq ft | 22 | 39 days |
| Townhouse | $459,000 | $375/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The Bellingham housing market is currently classified as a strong seller's market with a median sale price of $641,280. Prices have risen 3.4% compared to last year, with homes spending an average of 12 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.3x provides context for how home values compare to local earning capacity.
Homes for sale in Bellingham
There are currently 200 homes listed for sale in Bellingham, Washington. The median listing price is $700K.
Active listings
200
Homes on market
Median list price
$700K
Avg. days on market
12
Days until sale
New this week
144
Newly listed
Who lives in Bellingham?
Population
92,367
Median income
$65,821/yr
Median age
34.5 years
Owner-occupied
45.2%
College grads
46.5%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Bellingham?
Zillow home value
$674,798
Zillow rent index
$1,976/mo
Price-to-rent ratio
28.5x
Price-to-income
10.3x
Source: Zillow Research
What is it like to live in Bellingham?
Bellingham is a community of approximately 92K residents with a median age of 34.5 years.The median household income is $65,821, which represents a working-class community with solid middle-income opportunities. 46.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 45.2%, showing a blend of owner and renter-occupied properties. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bellingham offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bellingham?
36 schools tracked · 13,102 students
The largest public schools serving Bellingham, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Squalicum High School
Grades 9-12 · 1,241 students
Bellingham High School
Grades 9-12 · 1,188 students
Sehome High School
Grades 9-12 · 1,175 students
Whatcom Middle School
Grades 6-8 · 639 students
Kulshan Middle School
Grades 6-8 · 599 students
Fairhaven Middle School
Grades 6-8 · 581 students
Shuksan Middle School
Grades 6-8 · 578 students
Meridian High School
Grades 9-12 · 537 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bellingham, WA?
Want a head-to-head view? Compare Bellingham side-by-side with any other U.S. city using our market-comparison tool.
Is Bellingham a good real estate investment market?
For investors evaluating Bellingham, the price-to-rent ratio of 28.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bellingham's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bellingham's median home price.
Frequently asked questions
What is the average home price in Bellingham?
The median home sale price in Bellingham is $641,280, up 3.4% from last year.
How long do homes stay on market in Bellingham?
Homes typically spend 12 days on market before going under contract.
What is the median income in Bellingham?
The median household income is $65,821 per year.
Is Bellingham a buyer's or seller's market?
With 2.0 months of supply, Bellingham is currently a strong seller's market.
What is the Zillow home value estimate for Bellingham?
The Zillow Home Value Index (ZHVI) for Bellingham is $674,798, representing the typical home value in the area.
What is the median condo price in Bellingham?
The median condo/co-op sale price in Bellingham, WA is $454,656, compared to $685,280 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Bellingham?
The median single-family home price in Bellingham, WA is $685,280 (about $428 per square foot).
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