The housing market in Bellingham, WA is currently strong. The median value of a house in Bellingham is $606,400, which is significantly higher than the US median value of $338,100. In addition, the 1 year appreciation rate for houses in Bellingham is 6.82%, which is lower than the US average of 8.27%. This suggests that the demand for housing in Bellingham has remained relatively steady despite recent economic fluctuations. With its beautiful landscape and close proximity to major cities like Seattle and Vancouver, it's no surprise that people are willing to invest in housing here.
The median home cost in Bellingham is $606,400. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Bellingham is up 14.7%.
Average Age of Homes
- The median age of Bellingham real estate is 38 years old
The Rental Market in Bellingham
- Renters make up 50.8% of the Bellingham population
- 1.9% of houses and apartments in Bellingham, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.