Metropolitan market · Washington · June 2026 data

Bellingham Real Estate Market

As of June 2026, the median home listed in Bellingham, WA asks $667,475 — down 4.8% year over year. Homes sell in a median of 44 days, with 905 active listings and 16% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$667,475
▼ 4.8% YoY
Median $ / sq ft
$379
1,838 sq ft median
Median days on market
44
June 2026
Active listings
905
For sale now
New listings
384
June 2026
Listings with price cuts
16%
Share of active
Median sale price (closed)
$649,000
▲ 4.6% YoY · closed sales
Sale-to-list ratio
99.7%
Closed sales
Homes sold / month
271
Closed sales

Bellingham housing market statistics

The table summarizes Bellingham's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Bellingham, WA housing market at a glance — June 2026
MetricLatestDetail
Median listing price$667,475-4.8% YoY
Median price per sq ft$3791,838 sq ft median
Median days on market44+1% YoY
Active listings905+8% YoY
New listings this month384June 2026
Listings with a price cut16%Share of active
Median sale price (closed)$649,000+4.6% YoY
Sale-to-list ratio99.7%Closed sales
Gross rental yield3.2%2BR fair market rent

How have home prices changed in Bellingham?

Bellingham home prices are down 4.8% year over year and +1.3% month over month as of June 2026, at a $667,475 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$701K$688K$675K$662K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Bellingham WA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$701K$626K$550K$475K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Bellingham WA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Bellingham?

Bellingham has 905 active listings, 384 new this month, 338 pending as of June 2026. About 16% of active listings have cut their price, and inventory sits at 133% of its 2019 level — a seller-leaning market by pace.

Active listings
905
New this month
384
Pending
338
Price-reduced
146

Is Bellingham a good real estate investment?

Bellingham scores 39/100 on WealthyBud's composite Investor Score, ranking #685 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
39/100
#685 of 932 covered metros
12-month outlook
-2.7%
▼ Cooling · model output, not advice
Price volatility
High
σ 6.7% · 20-yr price-index swings
Momentum
46
Value
43
Rental yield
28
Supply risk
84
Market heat
67

Bellingham scores 39/100 on our composite Investor Score (#685 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 44% over five years and +122% over ten, leaving prices 34% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,794/mo for a two-bedroom, the gross rental yield on the median listing is about 3.2%; active inventory sits at 133% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 4.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Bellingham ranks on the trending markets index.

How much is a monthly mortgage payment in Bellingham?

A home at Bellingham's $667,475 median listing runs about $3,351 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$3,008/mo
−$342/mo vs today
At today's rate · 6.43%
$3,351/mo
National weekly average
If rates rise 1% · 7.43%
$3,708/mo
+$358/mo vs today

Principal & interest on the $667,475 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Bellingham housing market?

Longer-run demand in Bellingham shows up in 1,214 homes permitted in 2025; net migration of +806 residents; -0.9% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
1,214
▲ 2.0% vs 2024
5.3 per 1,000 residents
Net migration (2022–2023)
+806
▲ people, via tax-return records
net income flow +$60.1M/yr
Job growth (YoY)
-0.9%
▼ 97.2k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Bellingham housing market FAQ

What is the median home price in Bellingham?
As of June 2026, the median listing price in Bellingham, WA is $667,475, down 4.8% year over year (source: public records and industry data). Figures cover the Bellingham, WA metro area.
How much does it cost to buy a home in Bellingham?
The median home listed in Bellingham asks $667,475 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $3,351 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Bellingham?
The median property in Bellingham spends 44 days on the market, with 905 homes actively listed and 16% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Bellingham?
With a median 44 days on market and 16% of active listings carrying a price cut, Bellingham reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Bellingham a good place to invest in real estate?
Bellingham scores 39/100 on WealthyBud's Investor Score, ranking #685 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Bellingham?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Bellingham and the wider Washington market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Bellingham, WA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Washington housing markets

Naomi Whitfield Real Estate Data Analyst

Naomi Whitfield is a real estate data analyst who builds metro-level price, inventory and days-on-market datasets from public MLS aggregates and county records. She reviews WealthyBud's market pages for data accuracy before they publish.