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All market snapshots / 98226

Bellingham, WA 98226 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Bellingham, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 8888PendingPending sales: 33
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): $650k$650kSoldMedian sold price (last 6 months): $635k$635k
What homes actually sell for in Bellingham, WA
Distribution of 384 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $465k to $777k
$308k to $469k: 82 sales$308k$469k to $630k: 86 sales$630k to $791k: 107 sales107sales$630k$791k to $952k: 32 sales$952k to $1.11M: 10 sales$952k$1.11M to $1.27M: 16 sales$1.27M to $1.43M: 7 sales$1.27M$1.43M to $1.59M: 5 salesMedian $635k

What the numbers say

As of October 26, 2026, Resideline is tracking 88 active listings and 3 pending sales in ZIP code 98226. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $650,000, while the median of the 384 closed sales Resideline tracked over the last six months was $635,000. 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 98226 for 92 days.

Frequently asked questions

What is the median home price in 98226?

The median closed sale price in Bellingham, WA 98226 was $635,000 over the last six months, based on 384 closed sales tracked by Resideline. The middle half of those sales ranged from $465,000 to $777,000.

Is 98226 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 88 active listings in 98226, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 98226 is currently a slower-moving market.

Nearby ZIP code market data

Full Bellingham, WA housing market report →

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