Foreclosure Homes in Bellingham, WA 98229

Current Market Conditions in Bellingham, WA

The Bellingham real estate market has seen steady growth, with an increased demand for single-family homes and condos. This trend is driven by young professionals and families moving into the area due to its lifestyle benefits and scenic beauty. Prices have risen as inventory has remained tight, making it a competitive market for buyers.

There is a noticeable trend towards homes with outdoor spaces and energy-efficient features as more buyers seek sustainable living options. The demand for vacation rentals is also on the rise, given Bellingham's appeal as a destination for outdoor enthusiasts.

Rent Prices In Bellingham, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bellingham, WA, is on a rollercoaster ride. The average rent price in Bellingham, WA, is $1,748.00. Indeed, when looking to rent in Bellingham, WA, you can expect to pay as little as $600.00 or as much as $3,740.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Bellingham, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.