Start Free
All market snapshots / 98229

Bellingham, WA 98229 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: 0.10
ActiveActive listings: 6767PendingPending 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): $494k$494kSoldMedian sold price (last 6 months): $698k$698k
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: $516k to $930k
$140k to $310k: 20 sales$140k$310k to $480k: 24 sales$480k to $650k: 68 sales68sales$480k$650k to $820k: 60 sales$820k to $990k: 48 sales$820k$990k to $1.16M: 22 sales$1.16M to $1.33M: 10 sales$1.16M$1.33M to $1.5M: 8 salesMedian $698k

What the numbers say

As of September 14, 2026, Resideline is tracking 67 active listings and 7 pending sales in ZIP code 98229. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $493,500, while the median of the 290 closed sales Resideline tracked over the last six months was $697,900. 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 65 days.

Frequently asked questions

What is the median home price in 98229?

The median closed sale price in Bellingham, WA 98229 was $697,900 over the last six months, based on 290 closed sales tracked by Resideline. The middle half of those sales ranged from $516,262 to $930,000.

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

Resideline is currently tracking 7 pending sales against 67 active listings in 98229, a pending-to-active ratio of 0.10. 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 →
Run any 98229 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.