Bellingham, WA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Bellingham, WA offers balanced conditions for buyers.

  • Prices are essentially flat (0.6% YoY) — good negotiating leverage for buyers.
  • Price-to-rent ratio: 26.3 — renting may be more affordable in the near term.

Median Home Value

$606,918

ZHVI

Year-over-Year

+0.6%

Price change

5-Year Change

+29.1%

Since 2021

Median Rent

$1,922/mo

ZORI

Active Listings

594

For sale

State Avg

$592,562

Washington

Home Value Trends

5-year Zillow Home Value Index for Bellingham, WA vs. state and national averages.

Rent Data

Median Rent

$1,922/mo

Rent YoY Change

+2.6%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.