SIALIMStatistical Intelligence for America's Local Investment Markets

98240 — Custer, WA Home Values

Typical home value $661,229 as of August 2026 · 3rd of 16 in Bellingham, WA

Typical value — August 2026
$661,229
observed, not a forecast
Past 12 months
+0.7%
trailing year-over-year change
Past 5 years
+16.6%
August 2021 to August 2026
Rank in metro
3rd
of 16 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 98240, August 2021 to August 2026. This page shows observed data only; no forecast.

How 98240 compares in the Bellingham, WA area

ZIP code 98240 (Custer, WA) has a typical home value of $661,229 as of August 2026, ranking 3rd of 16 ZIP codes tracked in the Bellingham, WA area, more expensive than about 88% of ZIP codes in the metro. Prices here have moved +0.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.6%, from $566,919 in August 2021 to $661,229 in August 2026.

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 98240 has a population of 3,208, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 85.1% White, 12.8% Hispanic or Latino, and 2.1% two or more races.

Nearby public schools

SchoolAddressDistance
Custer Elem7660 Custer School Road, Custer, WA2.1 mi
Cascadia Elementary6175 Church Rd, Ferndale, WA5.7 mi
Horizon Middle School2671 Thornton Road, Ferndale, WA6 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 98240?

$661,229 as of August 2026, the latest month Zillow has published observed data for.

Is 98240 an expensive ZIP code in the Bellingham, WA area?

98240 ranks 3rd of 16 ZIP codes in the Bellingham, WA area by typical home value, more expensive than about 88% of ZIP codes in the metro.

How much have home values in 98240 changed over the past year?

+0.7% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 98240?

3,208, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 98240?

Custer Elem (2.1 mi), Cascadia Elementary (5.7 mi), Horizon Middle School (6 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 98240?

No. Every number on this page is observed Zillow data as of August 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.