Bellingham, WA metro area Housing Market
Cool MarketComprehensive housing market data for the Bellingham, WA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$609K
↑ 0.6% YoY
Days on Market
60 days
↑ 15.4% YoY
Active Inventory
466
↑ 2.0% YoY
Homes Sold
142
↑ 0.7% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Bellingham, WA metro area Market Summary
The Bellingham, WA metro area housing market is cooling down. As of January 2026, the median home sale price is $609K, up 0.6% year-over-year. Homes are spending a median of 60 days on the market, 15.4% longer than a year ago.
There are 466 homes for sale — 2.0% more than last year. With 3.3 months of supply, this is a seller's market. 197 new listings were added during this period, down 10.5% year-over-year.
Homes are selling for 98.8% of their list price on average, suggesting room for negotiation. 33.1% of homes sell above their asking price. 18.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
vs. Washington Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 44% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Bellingham, WA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$615K
Price per Sq Ft
$336
Sale-to-List Ratio
98.8%
Months of Supply
3.3
Sold Above List
33.1%
Price Drops
18.9%
New Listings
197
↓ 10.5% YoY
Pending Sales
171
Off Market in 2 Weeks
31.6%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.