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All market snapshots / 98229

Bellingham, WA 98229 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: 0.07
ActiveActive listings: 6161PendingPending sales: 44
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): $755k$755kSoldMedian sold price (last 6 months): $699k$699k
What homes actually sell for in Bellingham, WA
Distribution of 303 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $514k to $930k
$140k to $315k: 20 sales$140k$315k to $490k: 29 sales$490k to $665k: 73 sales73sales$490k$665k to $840k: 62 sales$840k to $1.01M: 51 sales$840k$1.01M to $1.19M: 17 sales$1.19M to $1.36M: 14 sales$1.19M$1.36M to $1.54M: 6 salesMedian $699k

What the numbers say

As of October 5, 2026, Resideline is tracking 61 active listings and 4 pending sales in ZIP code 98229. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $755,000, while the median of the 303 closed sales Resideline tracked over the last six months was $699,000. 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 98229 for 78 days.

Frequently asked questions

What is the median home price in 98229?

The median closed sale price in Bellingham, WA 98229 was $699,000 over the last six months, based on 303 closed sales tracked by Resideline. The middle half of those sales ranged from $513,800 to $930,000.

Is 98229 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 61 active listings in 98229, a pending-to-active ratio of 0.07. 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, 98229 currently looks like a balanced market.

Nearby ZIP code market data

Full Bellingham, WA housing market report →

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