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BELLINGHAM, WA 98229

Real Estate Market Report  ·  Whatcom County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BELLINGHAM, WA real estate market (98229) currently shows 97 active listings, with 30 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 25 days last year.

The median listing price has fallen 3.7% year-over-year, from $850,000 to $818,250.

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

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

Market Overview

Active Listings
97
⇧ 38.6% vs 70 last year
Pending
30
31% pending ratio
Median Price
$818,250
⇩ 3.7% vs $850,000 last year
Average Price
$1,111,473
⇩ 7.8% vs $1,204,999 last year
Days on Market
35
⇧ 40% vs 25 days last year

Price Per Square Foot

Median $/sqft
$428
⇧ 10.3% vs $388/sqft last year
Median Home Size
2,014 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 70 last year
  • Days on market: 35 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $818,250 (-3.7% YoY)
  • Average: $1,111,473 (-7.8% 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 26.2 miles — 592 listings ($464,299,979 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98229Bellingham, WA 982290.0 mi86$88,975,170$733,125$1,034,595
98226Bellingham, WA 982267.2 mi147$98,106,330$572,750$667,390
98220Acme, WA 982209.7 mi1$999,995$999,995$999,995
98233Burlington, WA 9823313.6 mi29$16,519,415$484,475$569,635
98248Ferndale, WA 9824815.1 mi79$64,669,716$729,675$818,604
98284Sedro Woolley, WA 9828416.7 mi53$47,422,545$749,375$894,765
98264Lynden, WA 9826417.7 mi75$57,104,850$701,875$761,398
98240Custer, WA 9824019.8 mi8$7,689,384$894,950$961,173
98273Mount Vernon, WA 9827320.2 mi59$37,773,747$644,975$640,233
98295Sumas, WA 9829520.9 mi4$2,179,668$421,250$544,917
98244Deming, WA 9824422.6 mi41$23,742,157$595,500$579,077
98280Orcas, WA 9828023.4 mi1$975,000$975,000$975,000
98261Lopez Island, WA 9826126.2 mi9$18,142,002$1,325,000$2,015,778

Frequently Asked Questions

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

As of March 2026, there are 97 active listings in BELLINGHAM, WA (zip code 98229), compared to 70 the prior year.

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

The median listing price in BELLINGHAM, WA 98229 is $818,250 as of March 2026, a 3.7% decrease from $850,000 the prior year.

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

Homes in BELLINGHAM, WA 98229 spend an average of 35 days on the market before going under contract, compared to 25 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 March 2026, BELLINGHAM, WA 98229 is currently a Buyer's Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 25 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 $16,365 compared to a typical 5% commission on the median listing price of $818,250. 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.