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BELLINGHAM, WA 98229

Real Estate Market Report  ·  Whatcom County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
82
⇧ 30.2% vs 63 last year
Pending
26
32% pending ratio
Median Price
$766,000
⇧ 17.4% vs $652,500 last year
Average Price
$1,165,068
⇧ 4.9% vs $1,110,356 last year
Days on Market
80
⇩ 7% vs 86 days last year

Market Context

Population: 34,157  ·  Density: 262.9/mi²  ·  Median household income: $87,946

Typical home value: $511,348  ·  Homeownership: 71.0%

Market Analysis

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

The BELLINGHAM, WA real estate market (98229) currently shows 82 active listings, with 26 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are selling faster, averaging 80 days on market compared to 86 days last year.

The median listing price has risen 17.4% year-over-year, from $652,500 to $766,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 63 last year
  • Days on market: 80 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $766,000 (+17.4% YoY)
  • Average: $1,165,068 (+4.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.2 miles — 570 listings ($459,260,933 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98229Bellingham, WA 982290.0 mi82$95,535,576$766,000$1,165,068
98226Bellingham, WA 982267.2 mi142$99,095,836$589,000$697,858
98220Acme, WA 982209.7 mi1$999,995$999,995$999,995
98233Burlington, WA 9823313.6 mi30$17,829,570$499,475$594,319
98248Ferndale, WA 9824815.1 mi76$58,916,036$719,900$775,211
98284Sedro Woolley, WA 9828416.7 mi47$39,557,315$680,900$841,645
98264Lynden, WA 9826417.7 mi81$62,883,135$714,000$776,335
98240Custer, WA 9824019.8 mi8$7,725,600$965,000$965,700
98273Mount Vernon, WA 9827320.2 mi48$31,490,544$639,000$656,053
98295Sumas, WA 9829520.9 mi3$1,876,701$509,950$625,567
98244Deming, WA 9824422.6 mi42$23,991,030$599,000$571,215
98280Orcas, WA 9828023.4 mi1$1,517,500$1,550,000$1,517,500
98261Lopez Island, WA 9826126.2 mi9$17,842,095$1,675,000$1,982,455

Frequently Asked Questions

How many homes are for sale in BELLINGHAM, WA 98229?

As of January 2026, there are 82 active listings in BELLINGHAM, WA (zip code 98229), compared to 63 the prior year.

What is the median home price in BELLINGHAM, WA 98229?

The median listing price in BELLINGHAM, WA 98229 is $766,000 as of January 2026, a 17.4% increase from $652,500 the prior year.

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

Homes in BELLINGHAM, WA 98229 spend an average of 80 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in BELLINGHAM, WA 98229?

Based on current inventory and days-on-market data as of January 2026, BELLINGHAM, WA 98229 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 86 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 98229 save an estimated $15,320 compared to a typical 5% commission on the median listing price of $766,000. 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.