Bellingham, Wa

Population: 83,365
Average annual home appreciation rate: 3.65%
Total of homes for sale in this market: 263
Median home price: $306,905
Median Rent: $1,034
Home price range: 33.32% of homes are between $215,001 – $322,000
Median sales price: $321,000
Number of homes: 138
Median foreclosure sales price: $183,374
Foreclosure discount: 42.9%
Most common home type: 47.28% of homes are single family detached
Number of vacant homes: 6.64%
Number of renters: 57.12%
Number of owner occupied: 42.88%
Number people living below poverty level: 24.14%
Unemployment rate: 4.80%
Is this area perfect for real estate deals going on right now? Positive historical appreciation could prove the potential for the savvy buyer or investor.

Leave a Reply

Your email address will not be published. Required fields are marked *