South Bellingham Real Estate Market Update

South Bellingham’s most sought-after neighborhoods continue to show resilience and strong buyer interest as we move through the spring market. While inventory remains relatively limited across the area, pricing trends vary significantly depending on neighborhood, price point, and available inventory.

Here’s a closer look at how the top five South Bellingham neighborhoods performed through April 2026.

Fairhaven Neighborhood

Fairhaven remains one of Bellingham’s most consistently desirable neighborhoods thanks to its historic charm, walkability, and close proximity to the waterfront. Through April, Fairhaven recorded 10 homes sold year-to-date, with an average selling price of $689,750, representing a modest 2% decrease from the same period in 2025.

Inventory remains tight with only 10 homes currently on the market, suggesting well-priced homes continue to attract steady buyer attention.

South Hill Neighborhood

South Hill continues to demonstrate exceptional market stability. The neighborhood posted the strongest sales activity among these South Bellingham neighborhoods, with 16 homes sold year-to-date and 5 sales occurring in April alone.

Average selling prices remained virtually unchanged year-over-year at $987,164, highlighting sustained demand for South Hill’s combination of bay views, historic homes, and proximity to downtown and Boulevard Park.

With just 8 homes currently available, inventory remains constrained despite healthy buyer activity.

Chuckanut Neighborhood

Chuckanut remains one of Bellingham’s premier luxury neighborhoods, though year-over-year pricing saw notable changes through April. The average selling price declined 36% compared to the same period last year, falling from $2.32 million to $1.48 million.

However, luxury market statistics can fluctuate dramatically due to the relatively low number of sales. With only 7 homes sold year-to-date, a handful of high-end transactions can significantly impact averages from year to year.

Inventory remains extremely limited with just 7 active listings currently available.

Edgemoor Neighborhood

Edgemoor continued to perform as one of Bellingham’s strongest upper-end residential markets. Through April, the neighborhood averaged a selling price of $1.43 million, down 10% from 2025 levels.

Like Chuckanut, Edgemoor’s smaller number of annual transactions can create larger swings in average pricing statistics. Despite the moderate decline in average prices, buyer demand for quality homes in Edgemoor remains healthy due to its larger lots, quiet streets, and proximity to Fairhaven amenities.

Only 6 homes are currently on the market, underscoring the continued shortage of inventory in this highly desirable neighborhood.

Samish Neighborhood

Samish was the standout performer among South Bellingham neighborhoods through April 2026. Average selling prices increased 14% year-over-year, rising to just over $1 million compared to $881,676 during the same period in 2025.

The neighborhood recorded 10 homes sold year-to-date with only 9 homes currently on the market, indicating strong buyer demand for Samish’s combination of larger lots, privacy, and convenient access to Lake Padden, Galbraith Mountain, and downtown Bellingham.

Overall Market Trends

Across South Bellingham, the common theme remains limited inventory paired with steady buyer demand. Most neighborhoods continue to operate with relatively few homes available for sale, helping support pricing stability even as interest rates and broader economic conditions evolve.

Luxury neighborhoods such as Chuckanut and Edgemoor experienced some year-over-year price adjustments, though these markets are often influenced by a small number of high-value sales. Meanwhile, neighborhoods like South Hill and Samish continue to show strong long-term market strength and buyer confidence.

As we move deeper into the spring and summer selling season, properly priced and well-prepared homes are still attracting significant interest, particularly in South Bellingham’s most established neighborhoods.

If you’re considering buying a home in South Bellingham, I would love to help with your home search. I specialize in South Bellingham neighborhoods and am proud to maintain a perfect 5-star rating on Zillow. Whether you’re buying or selling, feel free to reach out anytime for local market insight and personalized guidance.

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