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Bellingham Market Report

$922,690

AVERAGE PRICE OF 486 HOMES

$331,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,532,895

AVERAGE PRICE OF 110 MULTI-MILLION DOLLAR HOMES

$696,182

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$1,000,486

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $922,690
Avg Bedrooms 1.61 beds
Avg Bathrooms 1.4 baths

Average Price by Bedrooms

1 bedroom $368,748
2 bedrooms $461,649
3 bedrooms $714,820
4 bedrooms $1,191,720
5 bedrooms $1,734,445
Bellingham Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 480 462 448 494 557
Average Price $937,290 $966,606 $1,013,804 $987,627 $970,751
Avg Price Change -3.13% -4.88% +2.65% +1.74% +0.17%
Median Price $548,387 $575,140 $601,868 $606,996 $623,431
Med Price Change -4.88% -4.65% -0.85% -2.71% +3.63%
Avg Bedrooms 1.61 beds 1.66 beds 1.75 beds 1.84 beds 1.94 beds
Avg Bathrooms 1.4 baths 1.45 baths 1.53 baths 1.6 baths 1.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bellingham High 68 $614,748 105 days
Buyer To Verify 97 $695,187 88 days
Meridian High 21 $810,723 146 days
Sehome High 61 $912,845 98 days
Squalicum High 40 $858,262 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 486 $922,690 132 days
Distressed Homes 3 $331,333 211 days
Multi-Million Dollar Homes 110 $2,532,895 222 days
Newly Built Homes 83 $696,182 129 days
Reduced Price Homes 7 $1,000,486 115 days

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The Muljat Group
Kyle H. Martin
510 Lakeway Drive
Bellingham, WA 98225
360-503-0848

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2021 NWMLS.
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