Market Intelligence · WA / Bellingham

Bellingham, WA 98226 Housing Market

In Bellingham, WA 98226, the typical home value is $654,436, down 0.6% over the past year. The median list price is $644,000, and homes spend a median of 46 days on market.

Updated August 2026Median value$644K

The median home value in Bellingham, WA 98226 is $644K as of August 2026, down 0.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98226 range

$593K to $696K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.5% over 12 months

Typical home value in 98226 over the last 12 months: $647K in Aug 2025 to $644K in Aug 2026 (-0.5%).

Aug 2025$647K

Aug 2026$644K

The numbers

What is the 98226 housing market like?

Typical home value

$644K

Down0.5%YoY

Median list price

$644K

Down0.9%MoM

Days on market

46

Up21.1%MoM

Homes for sale

175

Flat0.0%MoM

Price cuts

16.9%

Up18.9%MoM

New listings

60

Down31.8%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98226 home prices compare?

  • 98226$644,404
  • Bellingham$659,004
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Bellingham: 3 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

There are 175 homes for sale in 98226, with 60 new listings adding to the choice set. The median list price is $644,000 while the typical home value is $654,436, down 0.6% over the past year. A median of 46 days on market points to a measured pace rather than a rush. With 16.9% of listings taking a price cut, buyers have some room to negotiate. For a seller, pricing needs to match the market from day one.

Monthly payment

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20% · $128,881

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