Here’s where Whatcom Co. home prices rose, fell during the 1st quarter of 2025
Median home prices decreased in Whatcom County during the first quarter of 2025, though the change among cities varied greatly.
Peter Ahn, co-owner of Bellingham’s The Muljat Group, compiled a real estate report — based on data from the Northwest Multiple Listing Service — that examines local real estate market changes.
According to the data, the median price of homes sold in Whatcom County was $625,000 in the first quarter, a decrease of 3.4% compared to the first quarter of 2024. The number of homes sold in the first quarter increased 0.7%.
“Since 2024 was a healthy bounce back from 2023, this year should be more leveled out as rates have maintained relatively the same,” Ahn said.
While Whatcom County’s median price was $625,000, the average price was $684,650 in the first quarter.
Bellingham’s median sales price dropped 6.4% to $730,000, but the number of units for sale sold rose by 7.1% compared to 2024.
“The number of homes sold was the most notable statistic in the first quarter for many communities. Big jumps were recorded in Sudden Valley (33.3%), Ferndale (22.6%) and Mount Baker (18.6%). However, double-digit drops were seen in Lynden (55.0%) and Birch Bay/Blaine (15.5%),” Ahn stated in the report.
Changes to each city’s median home price also varied:
▪ Bellingham: $730,000, decreased compared to first quarter 2024
▪ Blaine/Birch Bay: $639,500, decreased compared to first quarter 2024
▪ Ferndale: $634,000, increased compared to first quarter 2024
▪ Lynden: $653,000, decreased compared to first quarter 2024
▪ Mount Baker: $400,000, increased compared to first quarter 2024
▪ Nooksack Valley: $530,500, increased compared to first quarter 2024
▪ Sudden Valley: $590,000, increased compared to first quarter 2024
