98248 — Whatcom County, Washington Market Snapshot

Housing market data for zip code 98248 in Whatcom County, Washington. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

77 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$665,000

Closed sales

Days to Sell

21

Median, listing to close

Homes Sold

77

Closed in 2026

Inventory

64

Sale-to-List

99.2%

New Listings

105

Price/SqFt

$349

Pending Sales

91

Conforming Loan Available

Most homebuyers in 98248 can comfortably use conventional financing. The median home price of $665,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 98248 are moving quickly at 21 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 98248 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 98248 can comfortably use conventional financing. The median home price of $665,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 98248 are set at the county level.

2026 Loan Limits — Whatcom County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$664,700
2 Units$1,066,250$850,950
3 Units$1,288,800$1,028,600
4 Units$1,601,750$1,278,300

Affordability Snapshot — Zip 98248

To purchase the median home at $665,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,245.

Monthly Payment

$5,245

Income Required

$224,787

Principal & Interest

$4,098/mo

Down Payment (5%)

$33,250

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 98248.

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Estimated Monthly Payment

$4,266

Principal & Interest$3,451
Property Tax$665
Insurance$150
Loan Amount$532,000
Total Interest$710,194
Income Required$182,809/yr

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