Bellevue housing market: home prices, trends and forecast
Bellevue home prices: the Zillow Home Value Index put a typical home in Bellevue, Washington at $1,386,450 in September 2026. That was −4.4% lower than a year earlier and −9.2% under the $1,526,647 peak set in June 2022.
- Value of a typical home
- $1,386,450September 2026, Zillow ZHVI
- Change over 12 months
- −4.4%. Compared with September 2025.
Bellevue home prices since 2000
Bellevue appears on the steel line, while the United States appears on the grey line. From January 2000, the typical Bellevue home increased from $306,086 to $1,386,450, a multiple of ×4.53. Over those same months, the US multiple was ×2.99. The boom high was $617,889 in October 2007, and the low that followed was $420,216 in June 2012, −32.0%.
Bellevue's median home price by year
Each year's number comes from averaging twelve monthly values. For 2026, the figure uses the latest month.
| Year | Bellevue | Change on the year | United States |
|---|---|---|---|
| 2000 | $316,078 | $125,745 | |
| 2001 | $338,493 | +7.1% | $134,899 |
| 2002 | $352,812 | +4.2% | $144,276 |
| 2003 | $364,296 | +3.3% | $155,308 |
| 2004 | $395,112 | +8.5% | $169,891 |
| 2005 | $455,614 | +15.3% | $189,732 |
| 2006 | $545,071 | +19.6% | $206,531 |
| 2007 | $604,704 | +10.9% | $208,449 |
| 2008 | $584,137 | −3.4% | $195,574 |
| 2009 | $505,921 | −13.4% | $177,542 |
| 2010 | $477,605 | −5.6% | $171,462 |
| 2011 | $444,986 | −6.8% | $162,508 |
| 2012 | $429,599 | −3.5% | $161,137 |
| 2013 | $485,391 | +13.0% | $171,420 |
| 2014 | $539,198 | +11.1% | $182,996 |
| 2015 | $596,004 | +10.5% | $192,738 |
| 2016 | $674,645 | +13.2% | $204,509 |
| 2017 | $780,930 | +15.8% | $216,767 |
| 2018 | $902,482 | +15.6% | $230,541 |
| 2019 | $892,820 | −1.1% | $242,088 |
| 2020 | $944,894 | +5.8% | $257,151 |
| 2021 | $1,129,992 | +19.6% | $295,959 |
| 2022 | $1,415,359 | +25.3% | $340,014 |
| 2023 | $1,302,632 | −8.0% | $348,160 |
| 2024 | $1,403,110 | +7.7% | $359,751 |
| 2025 | $1,468,283 | +4.6% | $362,959 |
| September 2026 | $1,386,450 | −4.4% | $366,157 |
Current value of a Bellevue home bought in any year
It estimates a typical home through an index and is not an appraisal.
Each year averages its twelve monthly index values. The current value comes from September 2026. Other tools: home appreciation calculator.
Are you thinking of selling? Compare local agents through Realtor.com. The site may receive payment for this type of link, but that payment never affects a number. Advertising disclosure: Details.
Bellevue housing market forecast
For the Seattle, WA metro, Zillow's forecast is 0% across the 12 months from September 2026. It also shows −0.6% for the next three months. With Bellevue's typical value at $1,386,450, the forecast puts the figure near $1,386,500 after a year.
Zillow's central metro estimate appears here again, but the site does not publish its own forecast. Such a 12-month forecast has usually landed several percentage points away from the realised change, in either direction. This is not investment advice.
All metro forecasts appear in one table: housing market forecast.
Bellevue housing market crash risk score
A very high score of 93 out of 100
Bellevue is ranked against 292 cities using five conditions that were high before earlier price falls. Each input receives a score from 0 to 100 when compared with the other cities. The five scores are then averaged using equal weight. The score describes current conditions rather than predicting a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +57.4% | 92 | 20% |
| Time on the market vs 2019 | +24.4% | 83 | 20% |
| Price-to-rent ratio | 41.9 | 99 | 20% |
| Price-to-income ratio | 8.6 | 91 | 20% |
| 12-month price change | −4.4% | 98 | 20% |
This is not investment advice. Scoring details for each input: methodology. Rankings for all 292 cities: crash risk by city.
Bellevue inventory and days on market
For September 2026 the Seattle, WA metro recorded 13,078 homes available for purchase, up +28.5% from the prior year and +57.4% compared with September 2019. Listings had a median sale time of 51 days (+24.4% against 2019), and 25.0% received a price cut.
| Seattle, WA metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 13,078 | +28.5% |
| New listings | 4,676 | |
| Median days on market | 51 | +9.7% |
| Median list price | $749,970 | −2.4% |
| Share with a price cut | 25.0% |
Metro inventory data come from Realtor.com® Economic Research. For every metro: days on market by city.
Living costs in Bellevue
The Zillow Observed Rent Index puts Bellevue's typical asking rent at $2,759 each month, +1.6% over a year. A typical home requires 41.9 years of that monthly rent. At $161,194 median household income (Census ACS 2024), a typical home costs 8.6 times one year's income. BEA gives the metro a price level of 111.1 compared with a US average of 100, and a housing cost level of 151.3.
The salary needed to move there, along with rent and prices: cost of living in Bellevue.
More housing markets across Washington
- Seattle's home value is $822,572.
- Spokane's home value is $392,803.
- Tacoma's home value is $482,647.
- Vancouver's home value is $498,160.
- Yakima's home value is $358,493.
- Bellingham's home value is $657,528.
- Olympia's home value is $526,205.
Washington housing market covers the whole state.
Understanding this chart
Each point uses the Zillow Home Value Index for Bellevue to show what a typical home in the market's middle third is worth. Values are smoothed, seasonally adjusted, and given in dollars for the month. The hollow dot shows the slider's selected month, while the terracotta dot shows the most recent month. These figures do not account for inflation, and the index tracks the typical home rather than one specific house; use the card above or the home appreciation calculator to calculate a single home's value from its sale price.