Median real estate price in the City Center of Bellingham is $295,669, which is more expensive than 45.3% of the neighborhoods in Washington and 71.1% of the neighborhoods in the U.S.
The average rental price in Bellingham City Center is currently $1,158, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.2% of Washington neighborhoods.
Bellingham City Center is an urban neighborhood (based on population density) located in Bellingham, Washington. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the City Center of Bellingham, WA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Bellingham City Center has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.