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All market snapshots / 98226

Bellingham, WA 98226 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Bellingham, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 8888PendingPending sales: 77
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): $555k$555kSoldMedian sold price (last 6 months): $628k$628k
What homes actually sell for in Bellingham, WA
Distribution of 377 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $465k to $772k
$305k to $461k: 73 sales$305k$461k to $616k: 87 sales$616k to $772k: 104 sales104sales$616k$772k to $928k: 43 sales$928k to $1.08M: 8 sales$928k$1.08M to $1.24M: 11 sales$1.24M to $1.39M: 9 sales$1.24M$1.39M to $1.55M: 5 salesMedian $628k

What the numbers say

As of September 14, 2026, Resideline is tracking 88 active listings and 7 pending sales in ZIP code 98226. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $554,950, while the median of the 377 closed sales Resideline tracked over the last six months was $628,000. 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 65 days.

Frequently asked questions

What is the median home price in 98226?

The median closed sale price in Bellingham, WA 98226 was $628,000 over the last six months, based on 377 closed sales tracked by Resideline. The middle half of those sales ranged from $465,000 to $772,000.

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

Resideline is currently tracking 7 pending sales against 88 active listings in 98226, a pending-to-active ratio of 0.08. 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, 98226 currently looks like a balanced market.

Nearby ZIP code market data

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