The housing market in Bellingham, WA (98226) is quite strong. The median value of homes in Bellingham is currently $612,000, which is roughly 80% higher than the US median house value of $338,100. Although the one year appreciation rate for houses in Bellingham was 6.82%, which is slightly lower than the national average of 8.27%, it still indicates that housing prices are rising steadily and that it is a strong investment opportunity for those looking to purchase property in the area.
The median home cost in Bellingham (zip 98226) is $612,000. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Bellingham (zip 98226) is up 14.7%.
Average Age of Homes
- The median age of Bellingham (zip 98226) real estate is 25 years old
The Rental Market in Bellingham (zip 98226)
- Renters make up 31.2% of the Bellingham (zip 98226) population
- 1.6% of houses and apartments in Bellingham (zip 98226), 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.