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ZIP 98225
Housing & Real Estate

Bellingham city, WA

ZIP 98225 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98225

Median Home Value

$588,800

Median Rent

$1,335

Affordability Snapshot

$162,000

Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,782/mo PITI).

26%

Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

9.5x

Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

36.8 yrs

Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98225 in Bellingham city, WA, a household would need roughly $162,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,782. That is about 160% above the local median household income ($62,220), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel

Housing Metrics

Owner Occupied

41.0%-37% vs US avg

Vacancy Rate

7.0%-32% vs US avg

Broadband Access

92.0%+6% vs US avg

4+ Bedrooms

1.8%-88% vs US avg

Built Pre-1939

2.9%-78% vs US avg

Built Post-2014

0.7%-90% vs US avg

Rent Burden >30%

32.7%-34% vs US avg

Mortgage-Free

41.3%+8% vs US avg

$588,800

Home Value

$1,335

Rent

1975

Year Built

2017

Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

1-unit detached40.4%
1-unit attached2.3%
2-9 units21.0%
10+ units34.2%
Mobile home & other2.0%

Historical Trends in 98225 (2020–Present)

Since 2020, population declined 2.4%, median income fell 0.5% (inflation-adjusted), home values increased 19.2%.

Home Value

$588,800

+69% vs US avg

Median Rent

$1,335

+15% vs US avg

ZIP 98225 — Housing & Real Estate

Housing & Real Estate in ZIP Code 98225

Historical Trends in 98225 (2020–Present)

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Housing & Real Estate key statistics