Home prices jump across Whatcom County; Bellingham’s median price hits $675,000
Median home sale prices in Bellingham and Whatcom County increased in February, and Washington remained one of the most expensive states in which to purchase a home.
Whatcom County real estate prices
Whatcom County’s median home sale price reached a peak of $662,000 in July 2024, the highest price from 2012-26, according to Redfin Metro Area Data, a residential real estate brokerage that uses home listings to generate metro area data.
The county’s median sale price across all of February was $610,000, an 8.3% increase compared with January and a 1.7% increase compared with the same month last year, according to Jason Lee, a local broker with Windermere Real Estate in Bellingham.
“In hindsight, February provided buyers with some of the lowest mortgage rates in recent history. March, on the other hand, has seen rates steadily climb throughout the month, adding an unwanted headwind for both buyers and sellers,” Lee told The Herald.
Bellingham
Bellingham’s median sale price was $675,000 in February, according to Lee. That’s an 4.8% increase compared with January, and a 5.6% increase compared with February 2025, Lee said.
“Whatcom County’s inventory of active homes dipped briefly below 600 in January — a level not seen since March 2025,” Lee told The Herald last month.
“February once again brought a noticeable uptick in home and condo inventory, about a 17% increase over the course of the month ending around 700,” Lee said.
In January, Bellingham’s median sale price decreased to $644,000.
Statewide
Washington’s median home sale price in February was $625,000, an increase of 1.8% compared to the same month last year, according to Redfin data, and an increase of $30,900 compared to January’s median of $594,100.
Redfin lists Washington as the fifth most expensive state in which to purchase a home in 2025, following California, Hawaii, Massachusetts and Colorado.
Not only does Washington have some of the most expensive home prices, but many residents have also been looking to move out of the state.
“Nationwide, 30% of homebuyers searched to move to a different metro area between December 2025 and February 2026. The top 5 states homebuyers searched to move to were Florida, Arizona, North Carolina, Tennessee, and South Carolina, while California, New York, Illinois, Washington and Maryland were the top 5 states homebuyers searched to move from,” according to Redfin’s U.S. Migration Trends data.
This story was originally published March 26, 2026 at 5:15 AM.
