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All market snapshots / 98225

Bellingham, WA 98225 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Bellingham, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 6565PendingPending sales: 99
Bellingham, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $685k$685kSoldMedian sold price (last 6 months): $645k$645k
What homes actually sell for in Bellingham, WA
Distribution of 290 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $500k to $925k
$250k to $446k: 41 sales$250k$446k to $641k: 89 sales89sales$641k to $837k: 58 sales$641k$837k to $1.03M: 38 sales$1.03M to $1.23M: 19 sales$1.03M$1.23M to $1.42M: 11 sales$1.42M to $1.62M: 2 sales$1.42M$1.62M to $1.82M: 3 salesMedian $645k

What the numbers say

As of October 5, 2026, Resideline is tracking 65 active listings and 9 pending sales in ZIP code 98225. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $685,000, while the median of the 290 closed sales Resideline tracked over the last six months was $645,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98225 for 69 days.

Frequently asked questions

What is the median home price in 98225?

The median closed sale price in Bellingham, WA 98225 was $645,000 over the last six months, based on 290 closed sales tracked by Resideline. The middle half of those sales ranged from $500,000 to $925,000.

Is 98225 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 65 active listings in 98225, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98225 currently looks like a balanced market.

Nearby ZIP code market data

Full Bellingham, WA housing market report →

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