Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98229 · Bellingham, WA

6 completed flips in the last 12 months, $176K median gross margin, 200-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
6
Median Gross Margin
$176K
Median Hold
200 days
Median Home Value
$683K

Market snapshot

Population
34,157
Median Household Income
$87,946
Median Home Value
$683,240
Median Rent
$2,800

This report covers ZIP 98229, Bellingham, WA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 98229

In the last 12 months, 6 properties in ZIP 98229 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $176K in gross margin before rehab, carrying, and closing costs, with a median hold time of 200 days.

Top flippers in the zip

RankFlipper / LLCFlips
1DUBRIL ENTERPRISES LLC1
2A P REAL ESTATE FINANCIAL SERVICES LLC1
3BALVANZ ZACHARY1
4PICNIC POINT PLACE LLC1
5MORRIS CORRY1

Recent example

3002 LAKEWAY DR, BELLINGHAM, WA, 98229 · DUBRIL ENTERPRISES LLC
Bought $410,000, sold $546,910 (+$137K), held 164 days.

Recent investor purchases in ZIP 98229

24 investor purchases in ZIP 98229 in the last 6 months, at a median price of $540K. 63% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 30, 20269 SHOOTING STAR CTBENTON WOOD ENTERPRISES LLC$505KCash
Oct 30, 20263933 W CEDARBROOK CTELK PROPERTIES NW LLC$547KFinanced
Oct 26, 20262207 TEAL CTWALKER DENNIS M$867KCash
Oct 5, 20261826 VALENCIA STSPELLBOUND VENTURES VALENCIA LLC$742KFinanced
Oct 1, 202610 TOPSIDE CTCHEPHREN LLC$625KCash
Sep 30, 20261910 40TH STBUCKINGHAM CAROL L$1.2MCash
Sep 25, 2026589 SAMISH SPRINGS DRMADRONE BUILDERS LLC$527KCash
Sep 25, 20264311 SAMISH CREST DRSEAMUS MURRAY LLC$2.2MCash
Sep 10, 202612 SHETLAND CTARROW HOMES LLC$75KCash
Sep 8, 202625 PAR LNGES EAT 092024 LLC$922KCash

See all 24 investor purchases in 98229

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More of Bellingham

See every zip, the latest investor purchases and flips across the city on the Bellingham, WA fix-and-flip market report.

See every flip in 98229, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in WA

Same-state markets near ZIP 98229. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.