The housing market in 98229 Bellingham, WA is more expensive than the national average, with the median value of a home standing at $645,500. Despite this high cost of living, the rate of appreciation over the past year has been 6.82%, which is slightly below the 8.27% appreciation rate recorded nationally. Although housing in 98229 Bellingham, WA may be more expensive than other areas in the US, it still offers a promising investment opportunity for those looking to build equity in their homes.
The median home cost in Bellingham (zip 98229) is $645,500. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Bellingham (zip 98229) is up 14.7%.
Average Age of Homes
- The median age of Bellingham (zip 98229) real estate is 33 years old
The Rental Market in Bellingham (zip 98229)
- Renters make up 32.0% of the Bellingham (zip 98229) population
- 0.4% of houses and apartments in Bellingham (zip 98229), 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.