The Bellevue housing market is very competitive. Homes in Bellevue receive 2 offers on average and sell in around 15 days. The median sale price of a home in Bellevue was $1.5M last month, down 5.3% since last year. The median sale price per square foot in Bellevue is $729, up 6.0% since last year.
What is the housing market like in Bellevue today?
In August 2025, Bellevue home prices were down 5.3% compared to last year, selling for a median price of $1.5M. On average, homes in Bellevue sell after 15 days on the market compared to 9 days last year. There were 141 homes sold in August this year, up from 132 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,525,000
-5.3% YoY | Aug 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2025
Growth
% YoY
Bellevue, WA
$1,525,000
-5.3%
United States
To compare other locations to the Bellevue and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Bellevue add value to a home.
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How hot is the Bellevue housing market?
Bellevue is very competitive. Homes sell in 13 days.
0
100
83
Very Competitive
Redfin Compete Score™
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 1% below list price and go pending in around 13 days.
Hot homes
can sell for around list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Bellevue
Explore recent offers and recently sold homes in Bellevue
Recent offers
Offer Not Accepted|
4 Weeks Ago
~$850K Offer
Sold for $850K
2bd | 2.25ba | ~1,500sqft
Over List Price
1%
Days on Market
3
Competing Offers
3
Down Payment
—
Moises Juarez
Bellevue Redfin Agent
We offered $830k and they received an offer north of $850k
Offer Not Accepted|
10 Weeks Ago
~$1.5M Offer
Sold for $1.5M
3bd | 1.75ba | ~1,500sqft
Over List Price
7%
Days on Market
6
Competing Offers
5
Down Payment
—
Peter Brown
Bellevue Redfin Agent
When Ann says, you got it....dont believe that. We were the best offer at 1pm and the best offer again at 5 pm. She was disorganized with her docs. Rough professionalism at best. …
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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 - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bellevue has a minor risk of flooding. 1,418 properties in Bellevue are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Bellevue. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Bellevue has a moderate risk of wildfire. There are 1,383 properties in Bellevue that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Bellevue.