Bellingham, MA02019

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$527,000
0.8% YoY Growth
Median Household Income
$121,000
21.5% 5-Year Growth
Days on Market
34
36.0% Shorter than last year
Home Price Forecast
1.3%
Median Rent
$2,160
18.5% YoY Growth
1-Bed Rent
$1,700
20.7% YoY Growth
2-Bed Rent
$2,000
22.0% YoY Growth
3-Bed Rent
$2,600
1.4% YoY Growth

Property Listings — Bellingham, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Bellingham, MA is 34. This is a decrease of -36.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$597,000-15.0%
Listing Count
32-4.0%
Listings as % of Homes0.3%-4.0%
Days on Market
34-36.0%
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Demographics — Bellingham, MA

As of the latest ACS Survey released in 2023, Bellingham, MA has a population of 17,200, which has remained stable by 0.8% over the past 5 years. Bellingham, MA is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 40.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
17,2000.8%
% Under 18
22.3%1.8%
% Seniors
14.6%9.8%
% WFH
14.9%254.8%
% w/ College Degree
40.0%20.1%
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As of the latest ACS Survey released in 2023, Bellingham, MA is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Bellingham, MA is hispanic, making up 5.5% of the population. Foreign-born residents account for 5.7% of the population in Bellingham, MA, and this percentage has decreased by 12.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.2%-9.8%
% Black
0.7%-58.8%
% Hispanic
5.5%103.7%
% Asian
1.0%-9.1%
% Foreign Born
5.7%-12.3%
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Mortgage and Risk — Bellingham, MA

According to HUD data as of 2023, there were 363 mortgage originations in Bellingham, MA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Bellingham, MA. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
363
% Conventional Loans
88.0%
% Government Loans
12.0%
% Investor Loans
0.0%
% Second Loans
1.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Bellingham, MA

As of 2024, the percent of homes in Bellingham, MA under the Section 8 program is 13.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Bellingham, MA, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
188
Total Units Section 8
188
% Rentals under Section 8
13.0%
% Occupied Section 8
90.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$490$1,700$2,190
2 Bedroom$590$2,000$2,590
3 Bedroom$520$2,600$3,120
4 Bedroom-$770$4,200$3,430

Affordability — Bellingham, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$527,000
Median Household Income$121,000

Bellingham, MA — ZIP Code Boundary Map

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Frequently Asked Questions