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BLAKELY ISLAND, WA 98222

Real Estate Market Report  ·  San Juan County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BLAKELY ISLAND, WA real estate market (98222) currently shows 2 active listings. Homes are averaging 128 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 128 days on market compared to 252 days last year.

The median listing price has fallen 8.7% year-over-year, from $795,000 to $726,000.

Whether you are buying or selling in BLAKELY ISLAND, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 117  ·  Density: 6.8/mi²  ·  Median household income: $102,500

Typical home value: $690,466  ·  Homeownership: 75.0%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$726,000
⇩ 8.7% vs $795,000 last year
Average Price
$726,000
⇩ 8.7% vs $795,000 last year
Days on Market
128
⇩ 49.2% vs 252 days last year

Price Per Square Foot

Median $/sqft
$610
⇩ 25.8% vs $822/sqft last year
Median Home Size
1,713 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 128 now vs 252 last year

Median & Average Pricing

Year over Year
  • Median: $726,000 (-8.7% YoY)
  • Average: $726,000 (-8.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 31.3 miles — 506 listings ($513,364,090 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98222Blakely Island, WA 982220.0 mi2$1,452,000$726,000$726,000
98279Olga, WA 982795.8 mi4$6,239,000$1,247,000$1,559,750
98221Anacortes, WA 982217.8 mi88$92,840,704$838,750$1,055,008
98243Deer Harbor, WA 982439.7 mi4$9,981,000$2,099,250$2,495,250
98250Friday Harbor, WA 9825013.4 mi54$113,157,054$1,287,250$2,095,501
98232Bow, WA 9823217.7 mi7$7,872,550$1,108,750$1,124,650
98225Bellingham, WA 9822519.1 mi89$68,056,520$651,225$764,680
98233Burlington, WA 9823321.1 mi29$16,519,415$484,475$569,635
98273Mount Vernon, WA 9827322.6 mi59$37,773,747$644,975$640,233
98239Coupeville, WA 9823926.5 mi32$23,916,192$650,000$747,381
98240Custer, WA 9824027.9 mi8$7,689,384$894,950$961,173
98282Camano Island, WA 9828230.0 mi77$80,443,979$944,250$1,044,727
98284Sedro Woolley, WA 9828431.3 mi53$47,422,545$749,375$894,765

Frequently Asked Questions

How many homes are for sale in BLAKELY ISLAND, WA 98222?

As of March 2026, there are 2 active listings in BLAKELY ISLAND, WA (zip code 98222), compared to 1 the prior year.

What is the median home price in BLAKELY ISLAND, WA 98222?

The median listing price in BLAKELY ISLAND, WA 98222 is $726,000 as of March 2026, a 8.7% decrease from $795,000 the prior year.

How long do homes stay on the market in BLAKELY ISLAND, WA?

Homes in BLAKELY ISLAND, WA 98222 spend an average of 128 days on the market before going under contract, compared to 252 days the prior year.

Is it a seller's or buyer's market in BLAKELY ISLAND, WA 98222?

Based on current inventory and days-on-market data as of March 2026, BLAKELY ISLAND, WA 98222 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 128 days on market compared to 252 days last year.

How much can I save on real estate commission in BLAKELY ISLAND, WA?

With SELL123.com's maximum 3% commission, sellers in BLAKELY ISLAND, WA 98222 save an estimated $14,520 compared to a typical 5% commission on the median listing price of $726,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.