Bellingham, WA Home Values & Market Trends

Real estate market trends reflect that there have been 1,443 transactions over the past year in Bellingham. The median value for residential home transactions that occurred over the previous year is $653,000.35. The number of current listings in Bellingham is 15, and the percentage of properties for sale in the city is 15.00%. Bellingham, WA currently has 5 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 15 properties for sale.

Bellingham, WA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
98225

$ 1,157,302

$ 478/sqft

98226

$ 683,872

$ 537/sqft

98229

$ 709,189

$ 328/sqft

Housing Market Summary for Bellingham, WA

Apr 2023March 2024Change
Median Listing Price$700K$641.8K-8.32%
Median Sold Price$640.9K$641.8K0.14%
Homes For Sale2514-44.00%
Homes Sold893822-7.95%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Bellingham, WA

Bellingham home values range from $24,196 to $6,076,435. The median estimated value of a home in Bellingham is $653,000.35. The median list price of a home is 750,000, and the total count of properties in the city is 39,742.

Foreclosure
There are 3 zips within Bellingham, WA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,218,250 in 98229 to the lowest value of $199,676 in 98229. Foreclosure homes account for 0.00% of properties in Bellingham, WA with 98229 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Bellingham, WA with 98229 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Bellingham, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $433,498 in 98225 to the lowest home value of $433,498 in 98229.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bellingham, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Bellingham, WA. There are 3 zips within Bellingham, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98229 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Bellingham, WA. Auction homes and other auction properties account for 0.01% of all properties in Bellingham, WA. There are 3 zips within Bellingham, WA; of those zips, the median estimated home value for homes going to auction ranges from $655,750 in 98225 to the lowest value of $199,676 in 98225.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.04% of residential properties in Bellingham, WA with 98229 containing 6 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Bellingham, WA; homes for sale in those zips, have a range of median values from $750,000 in 98226 to the lowest value of $359,870 in 98225.
    Sold Homes
    The median value for recently sold homes ranges from $3,038,715 in 98226 to the lowest price of $30,642 in 98226. There are 3 zips within Bellingham, WA. 98226 has 344 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.25% of properties in Bellingham, WA.

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      Guide for Bellingham, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Bellingham, WA

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