The housing market in Bellingham, MN is quite affordable compared to the US median value. The median value of a house in Bellingham is $61,000, which is much lower than the US median value of $338,100. This difference makes Bellingham an attractive option for potential homeowners looking to save money on their purchase. Additionally, the one-year house appreciation in Bellingham is 13.39%, which is higher than the national average of 8.27%. This suggests that investing in real estate in this city could be a good financial decision with potential long-term returns due to rising home prices.
The median home cost in Bellingham is $61,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Bellingham is up 12.6%.
Average Age of Homes
- The median age of Bellingham real estate is 78 years old
The Rental Market in Bellingham
- Renters make up 7.2% 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.