Bellingham, WA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Bellingham market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Bellingham, WA.
The Bellingham market is exhibiting Cooling conditions, characterized by a pending ratio of 0.27 and a year-over-year decline in median listing price of 4.2%. Inventory levels are expanding, contributing to a slower absorption rate of available properties.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Data not yet available.
Shows whether local employment conditions are supporting buyer demand.
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Bellingham market right now.
Active listings have increased by 9.4% year-over-year, reaching 1,004 units, while new listings saw a more modest rise of 2.3% over the same period. The pending ratio currently stands at 0.27, reflecting a year-over-year decrease of 4.9% in the absorption rate of new inventory. Median listing prices have experienced a year-over-year decline of 4.2%, settling at $645,000, consistent with the observed deceleration in market activity.
“Local pricing and inventory dynamics across Bellingham shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With the pending ratio at 0.27, market dynamics indicate a diminished pace of demand absorption relative to available supply. This translates to reduced urgency in transaction timelines and increased inventory pressure. Price discipline is likely to be a more significant factor, as sellers may need to adjust expectations to align with the current absorption rates.
The average listing price has declined by 4.7% year-over-year to $778,942, while the median listing price has fallen by 4.2% year-over-year. The median $/sqft also decreased by 1.3% over the past year to $374, suggesting some softening across higher price points within the market.
1,004 active listings represent the current floor, with new supply arriving at roughly 264 per month.
of active listings carry a price reduction, +3.7% from prior period.
Median price per square foot has moved -1.3% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Bellingham, WA? Buyer Demand Index is running at 27%.
Buyers have leverage in Bellingham, WA. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 27%
- Median Days on Market
- 57 days
- Inventory YoY
- +9%
In a buyer's market, strategy beats timing. See how your home scores in Bellingham, WA and what moves the number.
See my Sold Score & selling strategy →Talk to a listing expert who is actively selling in Bellingham, WA.
Jen Glyzinski →Keller Williams Realty
The Monthly Briefing
Stay ahead of the Bellingham market.
One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.
Track your ZIP
Get the Sold Score for your exact ZIP code in your inbox each month.
Metro Demographics
ZIPs in Bellingham, WA
98226
bellingham
$607K
174 active · 57 DOM
98225
bellingham
$635K
126 active · 46 DOM
98229
bellingham
$751K
118 active · 43 DOM
Sorted by active inventory · click a ZIP for its full report
Vetted Local Practitioners
Direct Consultation
Need a real Bellingham expert on the phone?
Skip the search. Our vetted local practitioners know the Bellingham, WA micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.