98226 — Bellingham, WA Home Values
Typical home value $652,912 as of June 2026 · 6th of 16 in Bellingham, WA
Blue: typical home value (Zillow ZHVI) in ZIP code 98226, June 2021 to June 2026. This page shows observed data only; no forecast.
How 98226 compares in the Bellingham, WA area
ZIP code 98226 (Bellingham, WA) has a typical home value of $652,912 as of June 2026, ranking 6th of 16 ZIP codes tracked in the Bellingham, WA area, more expensive than about 69% of ZIP codes in the metro. Prices here have moved -0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +14.9%, from $568,432 in June 2021 to $652,912 in June 2026. Against observed rent, the typical home here sells for 26.7× the annual rent ($2,036/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Bellingham, WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Bellingham.
Population and demographics
ZIP code 98226 has a population of 45,739, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 71.9% White, 9.5% Hispanic or Latino, 6.5% Asian, 5.4% two or more races, 4.8% American Indian or Alaska Native, 1.2% Black or African American, 0.7% another race, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Northern Heights Elementary Schl | 4000 Magrath Rd, Bellingham, WA | 0.9 mi |
| Squalicum High School | 3773 E McLeod Rd, Bellingham, WA | 1 mi |
| Roosevelt Elementary School | 2900 Yew St, Bellingham, WA | 2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 98226?
$652,912 as of June 2026, the latest month Zillow has published observed data for.
Is 98226 an expensive ZIP code in the Bellingham, WA area?
98226 ranks 6th of 16 ZIP codes in the Bellingham, WA area by typical home value, more expensive than about 69% of ZIP codes in the metro.
How much have home values in 98226 changed over the past year?
-0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 98226?
The typical home price is 26.7× the observed annual rent in this ZIP code ($2,036/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 98226?
45,739, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 98226?
Northern Heights Elementary Schl (0.9 mi), Squalicum High School (1 mi), Roosevelt Elementary School (2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 98226?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Bellingham, WA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.