98229, Bellingham, WA

The 98229 zip code of Bellingham, WA is located in the northwestern part of Washington state. The area has a population of around 60,000 and an average household income of around $70,000. Home prices in this zip code have been increasing steadily over the past few years, reaching a peak in 2017 before beginning to decline recently.

According to Zillow’s 2018 report on home values in the United States, the median home value in the 98229 zip code was $269,200. This is higher than the median home value for all of Washington state ($255,700), but lower than the national median home value of $297,600. Over the past year or so, however, Bellingham’s home values have begun to decline slightly – likely due to increased competition from other areas within Washington state and nationwide. As long as there are no major changes in economic conditions or housing trends within this area, it seems likely that Bellingham’s home prices will continue to rise and fall somewhat erratically over time.