The Downtown Bellevue housing market is very competitive. Homes in Downtown Bellevue receive 1 offers on average and sell in around 19 days. The median sale price of a home in Downtown Bellevue was $1.7M last month, up 41.3% since last year. The median sale price per square foot in Downtown Bellevue is $931, down 30.6% since last year.
What is the housing market like in Downtown Bellevue today?
In October 2024, Downtown Bellevue home prices were up 41.3% compared to last year, selling for a median price of $1.7M. On average, homes in Downtown Bellevue sell after 19 days on the market compared to 34 days last year. There were 47 homes sold in October this year, up from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,666,500
+41.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Bellevue, WA
$1,666,500
+41.3%
United States
To compare other locations to the Downtown 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 Downtown Bellevue housing market?
Downtown Bellevue is very competitive. Homes sell in 5.5 days.
0
100
79
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 2% below list price and go pending in around 6 days.
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 Downtown Bellevue housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Bellevue.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Bellevue has a minor risk of flooding. 10 properties in Downtown Bellevue are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Downtown Bellevue. Flood risk is increasing slower than the national average.
Downtown Bellevue has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Bellevue has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Bellevue has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Bellevue have a Moderate Heat Factor®.
Downtown Bellevue is expected to see a 128% increase in the number of days over 87ºF over the next 30 years. Downtown Bellevue is expected to experience 8