The Bellevue housing market is very competitive. Homes in Bellevue receive 4 offers on average and sell in around 22 days. The median sale price of a home in Bellevue was $1.5M last month, up 14.5% since last year. The median sale price per square foot in Bellevue is $776, up 32.8% since last year.
What is the housing market like in Bellevue today?
In February 2024, Bellevue home prices were up 14.5% compared to last year, selling for a median price of $1.5M. On average, homes in Bellevue sell after 22 days on the market compared to 21 days last year. There were 98 homes sold in February this year, up from 98 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,500,000
+14.5% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Bellevue, WA
$1,500,000
+14.5%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Bellevue housing market?
Bellevue is very competitive. Homes sell in 5 days.
0
100
85
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% above list price and go pending in around 5 days.
Hot homes
can sell for about 3% above list price and go pending in around 1 day.
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|
7 Weeks Ago
~$1.25M Offer
Sold for $1.5M
3bd | 2ba | ~1,500sqft
Over List Price
0%
Days on Market
4
Competing Offers
>25
Down Payment
~30%
Kendall Overton
Bellevue Redfin Agent
30 offers received. Fully renovated single family rambler house on a large flat lot. Preinspection and sewer scope provided with only minor items called out. …
More
Offer Not Accepted|
5 Weeks Ago
~$1M Offer
Sold for $1.25M
4bd | 2.5ba | ~2,500sqft
Over List Price
0%
Days on Market
3
Competing Offers
5
Down Payment
~30%
Kelvin Elsner
Bellevue Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$1M Offer
Sold for $1M
1bd | 1.25ba | ~1,250sqft
Over List Price
0%
Days on Market
4
Competing Offers
1
Down Payment
—
Ted Coronel
Bellevue Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$1.25M Offer
Sold for $1.5M
3bd | 2ba | ~1,500sqft
Over List Price
0%
Days on Market
4
Competing Offers
—
Down Payment
~70%
Jonathan Bury
Bellevue Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$125K Offer
Sold for $1.5M
3bd | 2ba | ~1,500sqft
Under List Price
90%
Days on Market
4
Competing Offers
>25
Down Payment
—
Nicole McCormick
Bellevue Redfin Agent
View houses in Bellevue that sold recently
Recently sold homes
SOLD MAR 28, 2024
$1,325,000 Last Sold Price
3 beds
2 baths
1,610 sq ft
5419 116th Pl SE, Bellevue, WA 98006
Larry Mandel • Three Keys Real Estate Windermere Real Estate/East
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Cougar Ridge Elementary School
Public • K-5
596
Students
13 reviews
10/10
Somerset Elementary School
Public • K-5
658
Students
3 reviews
10/10
Jing Mei Elementary
Public • PreK-5 • Choice school
461
Students
15 reviews
9/10
Emerson K-12
Public • K-12
74
Students
2 reviews
9/10
John J. Audubon Elementary School
Public • K-5
602
Students
6 reviews
Only showing 5 of
23 elementary schools.
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.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bellevue has a moderate risk of flooding. 1,259 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.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
Bellevue has a minor risk of wildfire. There are 4,884 properties in Bellevue that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in Bellevue.