Market Overview
Home Prices in Lummi Island, WA
The median home value in Lummi Island, WA is $641,546 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lummi Island are priced56% above average. Lummi Island is part of the Bellingham, WA metro area.
Over the past five years, Lummi Island home values have risen by approximately14.8%, reflecting steady appreciation in this market.
Price History
Lummi Island Home Price Trend
City Comparison
Lummi Island vs. National Median
At $641,546, homes in Lummi Island cost 56% above the national median of $410,000. Buyers in Lummi Island should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lummi Island?
20% Down Payment
$128,309
on $641,546
Monthly P&I
$3,346/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,249/mo
incl. taxes & insurance
Income Needed
$169,960
gross annual (30% rule)
10% Down Option
$64,155
+ PMI applies
Loan Amount (20% dn)
$513,237
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 Lummi Island, WA?
The median home value in Lummi Island is $641,546 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Lummi Island?
Over the past year, home values in Lummi Island have decreased by 2.4%. Over five years, prices have risen approximately 14.8%.
How much do I need to earn to buy a home in Lummi Island?
To comfortably afford the median home price of $641,546 with a 20% down payment ($128,309) at today's rates (6.8%), you'd need a gross annual income of approximately $169,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Lummi Island compare to the national average home price?
The national median home value is approximately $410,000. At $641,546, homes in Lummi Island are 56% above the national average.
What metro area is Lummi Island part of?
Lummi Island is part of the Bellingham, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.