The story of this market
The typical home in Bellevue, Washington sells for about $1,950,000, or $897 per square foot.
Prices are down 3.9% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell.
Monthly price momentum
Home values since 2015
-0.2%
WA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Bellevue, Washington
The Bellevue housing market is currently experiencing a period of price correction, with median values down approximately 3.9% year-over-year as of late 2026. Despite this, the market remains highly competitive due to tight inventory and strong underlying economic demand from the tech sector. Buyers are seeing a slight increase in leverage, though high-quality properties continue to move quickly.
No ARED county foreclosure postings attributed to Bellevue yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price diverges 34.5% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Deterministic aggregate of 5 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 6.1% year over year.
Homes spend a median of 20 days on market with 2.6 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 51.49% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.5% — a stable, low-distress profile.
- Remlinger Farms4.314.1 mi
- Wild Waves Theme and Water Park3.923.9 mi
- Sky Zone Trampoline Park4.111.2 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.310.2 mi
- Sky Zone Trampoline Park4.112.9 mi
- T-Mobile Park4.76.2 mi
- Climate Pledge Arena4.57.1 mi
- Lumen Field4.66.2 mi
- Paramount Theatre4.76.1 mi
- Topgolf Renton4.18 mi
- Space Needle4.66.9 mi
- Pike Place Market4.66.5 mi
- Westfield Southcenter4.410.8 mi
- Woodland Park Zoo4.68 mi
- Gas Works Park4.76.7 mi
- Pike Place Market4.66.5 mi
- Gas Works Park4.76.7 mi
- The Museum of Flight4.87.7 mi
- Chihuly Garden and Glass4.77 mi
- Museum of Pop Culture4.56.9 mi
- Gas Works Park4.76.7 mi
- Kerry Park4.87.5 mi
- Golden Gardens Park4.710.9 mi
- Discovery Park4.810.6 mi
- Marymoor Park4.75.3 mi
- Pier 664.56.9 mi
- Fishermen's Terminal4.68.9 mi
- Seattle Yacht Club4.65.5 mi
- Elliott Bay Marina Inc4.69 mi
- Mercer Island Beach Club4.55.8 mi
- Topgolf Renton4.18 mi
- Willows Run Golf Complex46 mi
- Interbay Golf Center4.58.6 mi
- Bill Wright Golf Complex At Jefferson Park4.35.8 mi
- The Golf Club at Newcastle4.45.8 mi
- Bellevue Square4.50.4 mi
- Pike Place Market4.66.5 mi
- Westfield Southcenter4.410.8 mi
- University Village4.65.8 mi
- Alderwood4.415.6 mi
- Paine Field4.720.9 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.412.4 mi
- King County International Airport - Boeing Field4.57 mi
- Kenmore Air - Lake Union4.66.6 mi
- Kenmore Air - Lake Washington4.510.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A massive mixed-use complex featuring high-end retail, dining, and entertainment that serves as the city's primary commercial anchor.
A premier waterfront park offering beach access and scenic views of Lake Washington, highly valued for its recreational utility.
A large urban wetland and nature preserve providing extensive trails and environmental education, serving as a major greenbelt for the city.
Bellevue is an ideal destination for high-income professionals, families seeking top-tier educational opportunities, and long-term investors looking for stability in a high-demand tech corridor. The city's blend of urban amenities and suburban character makes it particularly attractive to those who prioritize proximity to major employers and a high quality of life.
Bellevue is widely recognized for its high-performing public schools, consistently ranking among the best in Washington state. The district emphasizes rigorous academic standards and robust extracurricular programs, which significantly bolsters property demand in the area.
Bellevue is served by a robust network of highways and is currently undergoing significant transit infrastructure upgrades, most notably the East Link Light Rail. These improvements are designed to alleviate commute times and enhance regional accessibility for residents.
Bellevue offers an extensive amenity base featuring high-end shopping at The Bellevue Collection, expansive waterfront parks like Meydenbauer Bay, and significant natural preserves such as the Mercer Slough Nature Park. These recreational assets provide a high quality of life that supports premium property valuations.
The rental market in Bellevue is characterized by high demand driven by its proximity to major employment centers, though specific vacancy and rent trajectory data are not currently published. The city features a mix of luxury apartment developments and single-family rentals, with investor interest remaining steady due to the area's strong economic fundamentals.
Bellevue's economy is heavily driven by the technology, retail, and professional services sectors, with a significant concentration of corporate headquarters and regional offices. The city maintains strong economic momentum as a primary employment hub within the Seattle metropolitan area.
Bellevue serves as a major economic hub in the Pacific Northwest, anchored by significant corporate presence from tech giants and a rapidly expanding downtown skyline. Ongoing infrastructure projects, including the East Link Light Rail, continue to enhance connectivity and drive long-term development momentum.
The city is currently focused on high-density, mixed-use development in the downtown core, with several major projects aimed at expanding office and residential capacity. These developments are strategically located to leverage existing and future transit infrastructure.
Data retrieved from data.census.gov; figures represent city-level estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.