Bellingham, WA Metro Area - Investment Guide
Metro Area • 10 Cities • 12 ZIP Codes
Avg Home Value
$547,557
Avg Monthly Rent
$1,715
Avg Cap Rate
2.50%
Avg Investability
2.8 ★
Cities
10
ZIP Codes
12
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
❄️
COOL MARKET
Bellingham, WA Metro Area
More inventory, negotiating room for buyers
60 days
Average time to sell
Average
9.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Bellingham, WA
Every ZIP in the metro, ranked four ways. Free.
Cities in Bellingham, WA
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 98244 | Deming | WA | $324,162 | $1,332 | 3.21% | |
| 98276 | Nooksack | WA | $519,626 | $1,782 | 2.67% | |
| 98225 | Bellingham | WA | $676,918 | $1,916 | 2.21% | |
| 98248 | Ferndale | WA | $610,201 | $2,078 | 2.66% | |
| 98281 | Point Roberts | WA | $403,308 | $1,332 | 2.58% | |
| 98295 | Sumas | WA | $462,208 | $1,625 | 2.74% | |
| 98226 | Bellingham | WA | $652,912 | $2,036 | 2.43% | |
| 98264 | Lynden | WA | $614,017 | $1,880 | 2.39% | |
| 98266 | Maple Falls | WA | $380,488 | $1,422 | 2.92% | |
| 98229 | Bellingham | WA | $704,443 | $2,172 | 2.40% | |
| 98240 | Custer | WA | $670,953 | $1,575 | 1.83% | |
| 98276 | Nooksack | WA | $508,539 | $1,782 | 2.73% | |
| 98220 | Acme | WA | $496,535 | $1,422 | 2.23% | |
| 98225 | Bellingham | WA | $658,076 | $1,900 | 2.25% | |
| 98244 | Deming | WA | $332,621 | $1,332 | 3.12% | |
| 98281 | Point Roberts | WA | $391,836 | $1,332 | 2.65% | |
| 98226 | Bellingham | WA | $638,615 | $1,986 | 2.43% | |
| 98248 | Ferndale | WA | $625,885 | $2,007 | 2.50% | |
| 98295 | Sumas | WA | $449,103 | $1,386 | 2.41% | |
| 98229 | Bellingham | WA | $683,649 | $2,200 | 2.51% | |
| 98264 | Lynden | WA | $628,537 | $2,006 | 2.49% | |
| 98266 | Maple Falls | WA | $386,744 | $1,422 | 2.87% | |
| 98240 | Custer | WA | $652,866 | $1,575 | 1.88% | |
| 98244 | Deming | WA | $318,199 | $1,332 | 3.27% | |
| 98276 | Nooksack | WA | $519,598 | $1,782 | 2.68% | |
| 98220 | Acme | WA | $507,730 | $1,422 | 2.18% | |
| 98225 | Bellingham | WA | $677,600 | $2,068 | 2.38% | |
| 98248 | Ferndale | WA | $609,828 | $2,056 | 2.63% | |
| 98281 | Point Roberts | WA | $403,454 | $1,332 | 2.58% | |
| 98295 | Sumas | WA | $456,275 | $1,625 | 2.78% | |
| 98226 | Bellingham | WA | $650,727 | $1,990 | 2.39% | |
| 98264 | Lynden | WA | $610,234 | $1,989 | 2.54% | |
| 98266 | Maple Falls | WA | $378,264 | $1,422 | 2.93% | |
| 98229 | Bellingham | WA | $705,862 | $2,119 | 2.34% | |
| 98240 | Custer | WA | $666,115 | $1,575 | 1.84% | |
| 98276 | Nooksack | WA | $510,026 | $1,782 | 2.73% | |
| 98220 | Acme | WA | $496,535 | $1,422 | 2.23% | |
| 98244 | Deming | WA | $335,630 | $1,332 | 3.10% | |
| 98281 | Point Roberts | WA | $389,465 | $1,332 | 2.67% | |
| 98225 | Bellingham | WA | $658,076 | $1,900 | 2.25% | |
| 98226 | Bellingham | WA | $638,615 | $1,986 | 2.43% | |
| 98248 | Ferndale | WA | $622,462 | $2,109 | 2.64% | |
| 98295 | Sumas | WA | $442,968 | $1,386 | 2.44% | |
| 98229 | Bellingham | WA | $683,649 | $2,200 | 2.51% | |
| 98264 | Lynden | WA | $626,992 | $1,961 | 2.44% | |
| 98266 | Maple Falls | WA | $388,244 | $1,422 | 2.86% | |
| 98240 | Custer | WA | $652,866 | $1,575 | 1.88% | |
| 98244 | Deming | WA | $318,199 | $1,332 | 3.27% | |
| 98276 | Nooksack | WA | $518,839 | $1,782 | 2.68% | |
| 98220 | Acme | WA | $497,686 | $1,422 | 2.23% |
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About Bellingham, WA Real Estate Market
The Bellingham, WA metropolitan statistical area (MSA) encompasses 10 cities and 12 ZIP codes. The average home value across the metro is $547,557, with an average monthly rent of $1,715. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.