Housing in Bellingham, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$646,640

Median List Price

$689,000

Price Per Sq Ft

$397

Days on Market

46

Active Inventory

142

Months of Supply

3.6

Seller's market

Zillow Home Value

$648,073

ZHVI — January 2026

Zillow Rent Index

$1,818

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.5%List Price 11.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

37.5%

Off Market in 2 Weeks

36.9%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
37.5%
Under Contract in 2 Wks
36.9%
Listings with Price Drops
19.0%

Market Activity

Source: Redfin

Homes Sold

40

New Listings

73

Pending Sales

65

Homes Sold 44.4%New Listings 15.1%Pending 20.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$397

Median List $/SF

$427

Sale $/SF 0.5%List $/SF 1.9%Mar 24Jan 26

Bellingham vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Bellingham is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$577,400

Median Rent

$1,478

Total Housing Units

43,468

Vacancy Rate

5.5%

Owner Occupied

45.2%

Renter Occupied

54.8%

Median Property Tax

$4,019

per year

Monthly Cost (w/ Mortgage)

$1,570

Housing Types

Single Family
47.8%
Multi-Family
49.5%
Mobile Home
2.8%

The current median sale price in Bellingham, WA is $646,640 according to Redfin data. Homes spend a median of 46 days on the market. 37.5% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $397. Zillow's observed rent index is $1,818/month. About 45.2% of housing units are owner-occupied. The median year homes were built is 1985. There are 43,468 total housing units.