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BELLINGHAM, WA 98226

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98226

Alabama Hill · Edgemoor · Forest Ridge · Guide Meridian · Meridian · Mount Baker · Puget · Roosevelt · Samish · Silver Beach · South · Whatcom Falls

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BELLINGHAM, WA real estate market (98226) currently shows 147 active listings, with 43 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56 days on market compared to 30 days last year.

The median listing price has fallen 4.5% year-over-year, from $600,000 to $572,750.

Whether you are buying or selling in BELLINGHAM, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 45,703  ·  Density: 166.8/mi²  ·  Median household income: $71,943

Typical home value: $511,787  ·  Homeownership: 60.6%

Market Overview

Active Listings
147
⇧ 32.4% vs 111 last year
Pending
43
29% pending ratio
Median Price
$572,750
⇩ 4.5% vs $600,000 last year
Average Price
$667,390
⇩ 9.6% vs $738,131 last year
Days on Market
56
⇧ 86.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$386
⇩ 3.7% vs $401/sqft last year
Median Home Size
1,528 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 147 this year vs 111 last year
  • Days on market: 56 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $572,750 (-4.5% YoY)
  • Average: $667,390 (-9.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.3 miles — 656 listings ($599,652,030 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98226Bellingham, WA 982260.0 mi142$99,095,836$589,000$697,858
98229Bellingham, WA 982297.2 mi82$95,535,576$766,000$1,165,068
98276Nooksack, WA 982769.9 mi3$2,051,901$639,500$683,967
98264Lynden, WA 9826410.4 mi81$62,883,135$714,000$776,335
98262Lummi Island, WA 9826213.3 mi13$14,756,079$802,250$1,135,083
98295Sumas, WA 9829514.9 mi3$1,876,701$509,950$625,567
98230Blaine, WA 9823016.9 mi124$100,936,620$647,900$814,005
98279Olga, WA 9827920.5 mi4$5,968,000$1,095,000$1,492,000
98284Sedro Woolley, WA 9828422.1 mi47$39,557,315$680,900$841,645
98221Anacortes, WA 9822123.1 mi93$97,078,887$825,000$1,043,859
98245Eastsound, WA 9824524.5 mi31$49,327,634$1,200,000$1,591,214
98257La Conner, WA 9825726.9 mi29$19,878,746$460,000$685,474
98243Deer Harbor, WA 9824329.3 mi4$10,705,600$2,200,000$2,676,400

Frequently Asked Questions

How many homes are for sale in BELLINGHAM, WA 98226?

As of February 2026, there are 147 active listings in BELLINGHAM, WA (zip code 98226), compared to 111 the prior year.

What is the median home price in BELLINGHAM, WA 98226?

The median listing price in BELLINGHAM, WA 98226 is $572,750 as of February 2026, a 4.5% decrease from $600,000 the prior year.

How long do homes stay on the market in BELLINGHAM, WA?

Homes in BELLINGHAM, WA 98226 spend an average of 56 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in BELLINGHAM, WA 98226?

Based on current inventory and days-on-market data as of February 2026, BELLINGHAM, WA 98226 is currently a Buyer's Market. Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 30 days last year.

How much can I save on real estate commission in BELLINGHAM, WA?

With SELL123.com's maximum 3% commission, sellers in BELLINGHAM, WA 98226 save an estimated $11,455 compared to a typical 5% commission on the median listing price of $572,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.