Market Overview
Home Prices in Bellingham, WA
The median home value in Bellingham, WA is $674,798 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bellingham are priced65% above average. Bellingham is part of the Bellingham, WA metro area.
Over the past five years, Bellingham home values have risen by approximately16.2%, reflecting steady appreciation in this market.
Price History
Bellingham Home Price Trend
City Comparison
Bellingham vs. National Median
At $674,798, homes in Bellingham cost 65% above the national median of $410,000. Buyers in Bellingham should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bellingham?
20% Down Payment
$134,960
on $674,798
Monthly P&I
$3,519/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,469/mo
incl. taxes & insurance
Income Needed
$178,760
gross annual (30% rule)
10% Down Option
$67,480
+ PMI applies
Loan Amount (20% dn)
$539,838
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bellingham, WA?
The median home value in Bellingham is $674,798 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Bellingham?
Over the past year, home values in Bellingham have decreased by 0.3%. Over five years, prices have risen approximately 16.2%.
How much do I need to earn to buy a home in Bellingham?
To comfortably afford the median home price of $674,798 with a 20% down payment ($134,960) at today's rates (6.8%), you'd need a gross annual income of approximately $178,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Bellingham compare to the national average home price?
The national median home value is approximately $410,000. At $674,798, homes in Bellingham are 65% above the national average.
What metro area is Bellingham part of?
Bellingham is part of the Bellingham, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.