Mortgage payment estimates, closing cost breakdowns, and homebuying data for Bellingham, Washington.
Pre-filled with Bellingham median home price and Washington tax/insurance rates. Adjust for your property.
Estimated closing costs based on Washington rates and fees applied to Bellingham prices.
The median home price in Bellingham is $575,000, roughly in line with the Washington state median of $580,000. With a population of 92,314, Bellingham is a smaller market where home prices tend to be more accessible than in many parts of Washington.
Property taxes in Washington average 0.98% annually. This moderate property tax rate means a $575,000 home in Bellingham would carry roughly $470/month in property taxes. Homeowners insurance in Washington runs approximately $1,600 per year. This is within the normal range nationally.
Average rent in Bellingham is $1,780/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Bellingham is a higher-cost market. At $575K median, buyers need significant savings or strong income. Down payment assistance through Washington's WSHFC Home Advantage program becomes especially important.