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Birchwood Central Business District Civic Center (Cultural District) Columbia Cornwall Park Edgemoor Fairhaven Happy Valley Lettered Streets Old Town Parkview Railroad Ave (State Street) Sehome South South Hill Sunnyland Waterfront WWU (Western Washington University) York

BELLINGHAM, WA 98225

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98225

Birchwood · Central Business District · Civic Center (Cultural District) · Columbia · Cornwall Park · Edgemoor · Fairhaven · Happy Valley · Lettered Streets · Old Town · Parkview · Railroad Ave (State Street) · Sehome · South · South Hill · Sunnyland · Waterfront · WWU (Western Washington University) · York

Market Analysis

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

The BELLINGHAM, WA real estate market (98225) currently shows 152 active listings, with 52 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 36 days last year.

The median listing price has fallen 15% year-over-year, from $723,750 to $615,000.

Whether you are buying or selling in BELLINGHAM, 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: 49,667  ·  Density: 1,525.5/mi²  ·  Median household income: $61,679

Typical home value: $527,668  ·  Homeownership: 42.3%

Market Overview

Active Listings
152
⇧ 5.6% vs 144 last year
Pending
52
34% pending ratio
Median Price
$615,000
⇩ 15% vs $723,750 last year
Average Price
$793,735
⇩ 8% vs $862,477 last year
Days on Market
37
⇧ 2.8% vs 36 days last year

Price Per Square Foot

Median $/sqft
$503
⇧ 0.2% vs $502/sqft last year
Median Home Size
1,299 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 152 this year vs 144 last year
  • Days on market: 37 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $615,000 (-15% YoY)
  • Average: $793,735 (-8% 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 25.6 miles — 561 listings ($471,754,222 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98225Bellingham, WA 982250.0 mi89$68,056,520$651,225$764,680
98229Bellingham, WA 982295.9 mi86$88,975,170$733,125$1,034,595
98248Ferndale, WA 982489.3 mi79$64,669,716$729,675$818,604
98264Lynden, WA 9826413.6 mi75$57,104,850$701,875$761,398
98240Custer, WA 9824014.3 mi8$7,689,384$894,950$961,173
98220Acme, WA 9822014.8 mi1$999,995$999,995$999,995
98230Blaine, WA 9823016.8 mi146$116,606,842$614,500$798,677
98233Burlington, WA 9823318.7 mi29$16,519,415$484,475$569,635
98295Sumas, WA 9829519.7 mi4$2,179,668$421,250$544,917
98280Orcas, WA 9828021.0 mi1$975,000$975,000$975,000
98257La Conner, WA 9825723.5 mi30$19,854,660$632,500$661,822
98243Deer Harbor, WA 9824324.6 mi4$9,981,000$2,099,250$2,495,250
98261Lopez Island, WA 9826125.6 mi9$18,142,002$1,325,000$2,015,778

Frequently Asked Questions

How many homes are for sale in BELLINGHAM, WA 98225?

As of June 2026, there are 152 active listings in BELLINGHAM, WA (zip code 98225), compared to 144 the prior year.

What is the median home price in BELLINGHAM, WA 98225?

The median listing price in BELLINGHAM, WA 98225 is $615,000 as of June 2026, a 15% decrease from $723,750 the prior year.

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

Homes in BELLINGHAM, WA 98225 spend an average of 37 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in BELLINGHAM, WA 98225?

Based on current inventory and days-on-market data as of June 2026, BELLINGHAM, WA 98225 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 36 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BELLINGHAM, WA 98225 save an estimated $12,300 compared to a typical 5% commission on the median listing price of $615,000. 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.