BELLINGHAM HOUSING MARKET INFORMATION With 94,720 people, 41,060 houses or apartments, and a median cost of homes of $755,006, Bellingham house prices are not only among the most expensive in Washington, Bellingham real estate also is some of the most expensive in all of America. Single-family detached homes are the single most common housing type in Bellingham, accounting for 44.05% of the city's housing units. Other types of housing that are prevalent in Bellingham include large apartment complexes or high rise apartments ( 38.31%), duplexes, homes converted to apartments or other small apartment buildings ( 11.17%), and a few row houses and other attached homes ( 3.72%). People in Bellingham primarily live in small (one, two or no bedroom) single-family detached homes. Bellingham has a mixture of owner-occupied and renter-occupied housing. There is a lot of housing in Bellingham built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bellingham built between 2000 and later ( 30.11%). A lesser amount of the housing stock also hails from before 1939 ( 16.54%). There's also some housing in Bellingham built between 1940-1969 ( 12.23%). BELLINGHAM HOME APPRECIATION RATES In the last 10 years, Bellingham has experienced some of the highest home appreciation rates of any community in the nation. Bellingham real estate appreciated 132.06% over the last ten years, which is an average annual home appreciation rate of 8.78%, putting Bellingham in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bellingham definitely has a track record of being one of the best long term real estate investments in America through the last ten years. 蘑菇视频's data show that during the latest twelve months, Bellingham's appreciation rate, at 8.41%, has been at or slightly above the national average. In the latest quarter, Bellingham's appreciation rate has been 0.48%, which annualizes to a rate of 1.94%. Relative to Washington, our data show that Bellingham's latest annual appreciation rate is higher than 90% of the other cities and towns in Washington. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bellingham differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Bellingham - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bellingham real estate investment or home purchase decisions.