Market Intelligence · WA / Bellingham

Bellingham, WA 98229 Housing Market

The typical home value in Bellingham, WA 98229 is $701,760, up 0.0% over the past year. The median list price is $757,500, and homes spend a median of 39 days on market.

Updated August 2026Median value$689K

The median home value in Bellingham, WA 98229 is $689K as of August 2026, up 0.2% 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 98229 range

$634K to $745K

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

+0.2% over 12 months

Typical home value in 98229 over the last 12 months: $688K in Aug 2025 to $689K in Aug 2026 (+0.2%).

Aug 2025$688K

Aug 2026$689K

The numbers

What is the 98229 housing market like?

Typical home value

$689K

Up0.2%YoY

Median list price

$758K

Down3.4%MoM

Days on market

39

Up2.6%MoM

Homes for sale

118

Up15.7%MoM

Price cuts

17.3%

Up15.0%MoM

New listings

52

Down3.7%MoM

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

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The comparison

How do 98229 home prices compare?

  • 98229$689,421
  • 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 118 homes for sale in 98229, with 52 new listings hitting the market. The median list price sits at $757,500, above the typical home value of $701,760, which has been flat at 0.0% growth over the past year. Homes are moving at a median of 39 days on market, and 17.3% of listings have taken a price cut. For a seller, that points to a market where buyers have some room to negotiate, so pricing realistically from the start matters more than testing the top of the range.

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20% · $137,884

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