Bellevue, WA Home Values & Market Trends

Real estate market trends reflect that there have been 1,656 transactions over the past year in Bellevue. The median value for residential home transactions that occurred over the previous year is $1,477,387. The number of current listings in Bellevue is 20, and the percentage of properties for sale in the city is 20.00%. Bellevue, WA currently has 6 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 20 properties for sale.

Bellevue, WA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
98004

$ 2,370,629

$ 982/sqft

98007

$ 1,120,018

$ 549/sqft

98005

$ 1,662,250

$ 626/sqft

98008

$ 2,508,000

$ 633/sqft

98006

$ 1,201,612

$ 611/sqft

Housing Market Summary for Bellevue, WA

Apr 2023March 2024Change
Median Listing Price$1.6M$1.4M-16.49%
Median Sold Price$1.3M$1.4M6.11%
Homes For Sale3624-33.33%
Homes Sold9151,0039.62%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Bellevue, WA

Bellevue home values range from $36,950 to $52,859,161. The median estimated value of a home in Bellevue is $1,477,387. The median list price of a home is 1,499,749.5, and the total count of properties in the city is 43,052.

Foreclosure
There are 5 zips within Bellevue, WA; within these zips, the median estimated home value for homes in foreclosure ranges from $7,600,000 in 98005 to the lowest value of $530,732 in 98005. Foreclosure homes account for 0.00% of properties in Bellevue, WA with 98008 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in Bellevue, WA with 98005 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Bellevue, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $530,732 in 98005 to the lowest home value of $530,732 in 98005.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bellevue, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Bellevue, WA. There are 5 zips within Bellevue, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98008 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Bellevue, WA. Auction homes and other auction properties account for 0.01% of all properties in Bellevue, WA. There are 5 zips within Bellevue, WA; of those zips, the median estimated home value for homes going to auction ranges from $1,638,741 in 98004 to the lowest value of $1,028,292 in 98004.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.05% of residential properties in Bellevue, WA with 98004 containing 11 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Bellevue, WA; homes for sale in those zips, have a range of median values from $2,508,000 in 98008 to the lowest value of $575,000 in 98006.
    Sold Homes
    The median value for recently sold homes ranges from $4,041,478 in 98008 to the lowest price of $70,911 in 98008. There are 5 zips within Bellevue, WA. 98006 has 276 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.13% of properties in Bellevue, WA.

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      Guide for Bellevue, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Bellevue, WA

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