HousingHandbookReference data

U.S. ZIP Code · WA98244

Whatcom County · Bellingham, WA

Typical home value

$331,199[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.0%
5-year / yr
+3.5%
10-year / yr
+8.9%

Relative price

vs U.S.
+16.6%
vs metro
-42.3%
vs state
-34.2%
ZIP 98244 location in WA
Location of ZIP 98244 in WA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98244 is worth $331,199 — 42.3% below the Bellingham, WA median. Over the past year, values have risen 1.0%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$2,403[3]

#Climate risk

FEMA National Risk Index ratings for Whatcom County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Moderate
Wildfire
Very Low
Drought
Very Low
Heat wave
Relatively Moderate
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Moderate
Winter weather
Relatively Moderate

#Who lives here

Population
2,994[3]
Median household income
$67,159[3]

#Migration

Household moves in and out of Whatcom County over a year, from IRS tax-return data.

Net migration
+582[5]
Moved in
6,485
Moved out
5,903

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
0
Middle
1
High
1
  • Mount Baker Senior High

    High · Grades 9–12 · Mount Baker School District

    494 students

  • Mount Baker Junior High

    Middle · Grades 7–8 · Mount Baker School District

    247 students

  • Educational Resource Center

    Prekindergarten · Grades PK · Mount Baker School District

    31 students

  • Mount Baker Academy

    Other · Grades K–12 · Mount Baker School District

    25 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,675
Loan principal$264,959
Down payment$66,240
Total interest paid$337,941

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,152
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
13th percentile[1]
Rental yield
[2]
Property tax
73rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 98244?
The typical home in 98244 is worth $331,199, based on the Zillow Home Value Index.
Are home values rising in 98244?
Home values in 98244 are up 1.0% over the past year, and up 3.5% a year over five years.
What is the property tax rate in 98244?
The effective property tax rate in 98244 is 0.7% — roughly $2,403 a year on a typical home.
Who lives in 98244?
ZIP code 98244 has a population of 2,994 and a median household income of $67,159.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Peaceful Valley CDP, WA

    Typical home
    $386,800
    Gross yield
  • Point Roberts CDP, WA

    Typical home
    $400,058
    Gross yield
  • Rockport CDP, WA

    Typical home
    $420,517
    Gross yield
  • Sumas, WA

    Typical home
    $456,550
    Gross yield
    4.3%
  • Acme CDP, WA

    Typical home
    $497,686
    Gross yield
  • Nooksack, WA

    Typical home
    $516,272
    Gross yield

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