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All market snapshots / 98229

Bellingham, WA 98229 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: 0.09
ActiveActive listings: 5656PendingPending sales: 55
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): $708k$708kSoldMedian sold price (last 6 months): $725k$725k
What homes actually sell for in Bellingham, WA
Distribution of 293 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $530k to $949k
$160k to $334k: 14 sales$160k$334k to $507k: 38 sales$507k to $681k: 64 sales64sales$507k$681k to $854k: 64 sales$854k to $1.03M: 43 sales$854k$1.03M to $1.2M: 24 sales$1.2M to $1.38M: 10 sales$1.2M$1.38M to $1.55M: 7 salesMedian $725k

What the numbers say

As of October 26, 2026, Resideline is tracking 56 active listings and 5 pending sales in ZIP code 98229. That pending-to-active ratio of 0.09 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $708,500, while the median of the 293 closed sales Resideline tracked over the last six months was $725,000. 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 88 days.

Frequently asked questions

What is the median home price in 98229?

The median closed sale price in Bellingham, WA 98229 was $725,000 over the last six months, based on 293 closed sales tracked by Resideline. The middle half of those sales ranged from $530,000 to $949,000.

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

Resideline is currently tracking 5 pending sales against 56 active listings in 98229, a pending-to-active ratio of 0.09. 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, 98229 is currently a typical-pace market.

Nearby ZIP code market data

Full Bellingham, WA housing market report →

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