Bellevue, WA Housing Market
The Bellevue housing market is most competitive. Homes in Bellevue receive 4 offers on average and sell in around 5 days. The median sale price of a home in Bellevue was $1.6M last month, up 22.9% since last year. The median sale price per square foot in Bellevue is $730, up 16.0% since last year.
Bellevue Housing Market Trends
In April 2024, Bellevue home prices were up 22.9% compared to last year, selling for a median price of $1.6M. On average, homes in Bellevue sell after 5 days on the market compared to 9 days last year. There were 153 homes sold in April this year, up from 103 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Bellevue housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 5 days.
- Hot homescan sell for about 9% above list price and go pending in around 2 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 6 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 5 days.
- Hot homescan sell for about 9% above list price and go pending in around 3 days.
Bellevue Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Bellevue from outside metros.
- San Francisco homebuyers searched to move into Bellevue more than any other metro followed by New York and Washington.
- 80% of Bellevue homebuyers searched to stay within the Bellevue metropolitan area.
- Phoenix was the most popular destination among Bellevue homebuyers followed by Bellingham and Portland.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 2,406 | ||
2 | 1,003 | ||
3 | 139 | ||
4 | 11 | ||
5 | 6 | ||
6 | 4 | ||
7 | 4 | ||
8 | 4 | ||
9 | 3 | ||
10 | 3 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,225 | ||
2 | 2,668 | ||
3 | 2,173 | ||
4 | 1,951 | ||
5 | 1,712 | ||
6 | 1,709 | ||
7 | 1,674 | ||
8 | 1,303 | ||
9 | 1,220 | ||
10 | 1,165 |
Home offer insights for Bellevue
Recent offers
- Offer Not Accepted|3 Weeks Ago~$1.75M OfferSold for $2M3 bd | 2.5 ba | ~2,500 sqftOver List Price0%Days on Market6Competing Offers—Down Payment~20%
- Offer Not Accepted|4 Weeks Ago~$1.75M OfferSold for $2M3 bd | 2.5 ba | ~2,500 sqftOver List Price0%Days on Market6Competing Offers—Down Payment—
- Offer Not Accepted|4 Weeks Ago~$1.25M OfferSold for $1.25M4 bd | 1.25 ba | ~1,500 sqftOver List Price0%Days on Market6Competing Offers5Down Payment—
- Offer Not Accepted|4 Weeks Ago~$1.5M OfferSold for $1.5M4 bd | 3.5 ba | ~2,000 sqftUnder List Price4%Days on Market5Competing Offers2Down Payment—
- Offer Not Accepted|5 Weeks Ago~$1.5M OfferSold for $1.5M3 bd | 2.25 ba | ~1,750 sqftOver List Price20%Days on Market5Competing Offers5Down Payment—
View houses in Bellevue that sold recently
Recently sold homes
- $520,000 Last Sold Price2 beds1 bath897 sq ft12369 SE 41st Ln #52, Bellevue, WA 98006Redfin COMPASSList Price$499,000Sale to List4% over listDays on Market48 days12369 SE 41st Ln #52, Bellevue, WA 98006
- $2,088,000 Last Sold Price3 beds2.5 baths2,458 sq ft1744 Bellevue Way NE, Bellevue, WA 98004Ann Pierson • COMPASS Coldwell Banker BainList Price$2,088,000Sale to List0% over listDays on Market28 days1744 Bellevue Way NE, Bellevue, WA 98004
- $1,400,000 Last Sold Price3 beds2.5 baths2,000 sq ft3234 164th Pl SE, Bellevue, WA 98008Cindy Kelly • COMPASS COMPASSList Price$1,350,000Sale to List4% over listDays on Market21 days3234 164th Pl SE, Bellevue, WA 98008
- $1,850,000 Last Sold Price2 beds2 baths1,739 sq ft10650 NE 9th Pl #2420, Bellevue, WA 98004Xuemei Feng • COMPASS John L. Scott, Inc.List Price$1,899,800Sale to List3% under listDays on Market111 days10650 NE 9th Pl #2420, Bellevue, WA 98004
- $1,914,000 Last Sold Price3 beds3 baths2,180 sq ft1706 111th Ave NE, Bellevue, WA 98004Ryan Newman • COMPASS Keller Williams Rlty BellevueList Price$1,999,000Sale to List4% under listDays on Market78 days1706 111th Ave NE, Bellevue, WA 98004
- $310,000 Last Sold Price1 bed1 bath663 sq ft5712 122nd Pl SE #248, Bellevue, WA 98006Sandi Tampa • Windermere Real Estate/East Providential Real Estate LLCList Price$310,000Sale to List0% over listDays on Market34 days5712 122nd Pl SE #248, Bellevue, WA 98006
- $5,198,000 Last Sold Price5 beds6 baths6,080 sq ft17 Columbia Ky, Bellevue, WA 98006Tony Marrese • Windermere Real Estate/East Realogics Sotheby's Int'l RltyList Price$5,198,000Sale to List0% over listDays on Market61 days17 Columbia Ky, Bellevue, WA 98006
- $745,000 Last Sold Price2 beds2.5 baths1,192 sq ft2020 132nd Ave SE #204, Bellevue, WA 98005Sinead Fennell • Kelly Right RE of Seattle LLC Horizon Real EstateList Price$799,900Sale to List7% under listDays on Market48 days2020 132nd Ave SE #204, Bellevue, WA 98005
See all recently sold homes in Bellevue.
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Schools in Bellevue
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Somerset Elementary School Public • K-5 | 630 Students | 3 reviews |
9/10 Jing Mei Elementary Public • PreK-5 | 447 Students | 16 reviews |
9/10 Cherry Crest Elementary School Public • PreK-5 | 596 Students | 12 reviews |
8/10 Hazelwood Elementary School Public • K-5 | 592 Students | 20 reviews |
8/10 John J. Audubon Elementary School Public • K-5 | 508 Students | 6 reviews |
Climate's impact on Bellevue housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Bellevue.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Bellevue
Walk Score®
Transit Score®
Bike Score®
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