Bellevue Real Estate Agent

Bellevue market snapshot

Median Sale Price$1,850,000▼ 3.6% YoY

Price / Sq Ft$713▼ 2.7% YoY

Median Days on Market7▲ 16.7% YoY

Sale-to-List98.9%▼ 1.1% YoY

Over the trailing twelve months, the median Bellevue home sold for about $1,850,000 — down 3.6% from a year earlier. Homes here typically went under contract in about 7 days at roughly 98.9% of list price (around $713/sq ft), reflecting a market easing from its peak toward balance. These are rolling 12-month figures for the Bellevue market (NWMLS, June 2026).

About Bellevue

Bellevue sits in the Eastside region of King County, directly across Lake Washington from Seattle. The city covers roughly 37.5 square miles, bordered by Lake Washington to the west and Lake Sammamish to the east, and was incorporated on March 31, 1953.

Once a farming town known for its Strawberry Festival, Bellevue grew into a suburb after the first Lake Washington floating bridge opened in 1939, and its downtown core has added residential high-rises rapidly since the 2000s. That history is why you will find two very different kinds of listings here at once: condominiums in the walkable downtown and single-family homes in the surrounding neighborhoods.

Housing & homes

Bellevue's single-family housing spans several eras. Postwar suburban subdivisions filled in through the 1950s, 1960s, and 1970s across neighborhoods such as Lake Hills, Somerset, Newport Hills, and Factoria, with mid-century ramblers and split-levels common in these areas. Newer construction and teardown-rebuilds have since added larger contemporary homes throughout the city.

Downtown and the adjacent Wilburton and BelRed corridors are dominated by mid-rise and high-rise condominiums and apartments; Bellevue Towers, a twin-tower condominium completed in 2008, is one landmark example. Elevated neighborhoods like Somerset and Newport Hills sit on higher terrain, and there are shoreline properties along both Lake Washington and Lake Sammamish. Expect a mix of detached houses, townhomes, and condominiums depending on where in the city you are looking.

Local conditions to know

Bellevue regulates development through mapped critical areas, and several of them are relevant to buyers. The Kelsey Creek watershed drains much of the city, Coal Creek runs through the south end, and the Mercer Slough Nature Park occupies low-lying land in the southern portion, so parcels near streams, wetlands, or the slough can carry buffer and flood-hazard requirements. Confirm the flood designation on any specific address against FEMA's flood maps before you write an offer.

Topography also matters here. Cougar Mountain extends into the south and neighborhoods such as Somerset and Newport Hills occupy sloped terrain, which can trigger steep-slope and landslide-hazard review. Like the rest of the Puget Sound region, Bellevue is in a seismically active area. Interstate 405 runs north-south through the city, Interstate 90 crosses the south end, and State Route 520 defines the northern edge, so proximity to these corridors is worth weighing for both commute and noise.

Getting around & local texture

Downtown Bellevue is the city's main employment and retail center and its fastest-growing residential neighborhood, anchored by Bellevue Downtown Park and major shopping. Other distinct districts include Crossroads in the east, a diverse commercial hub whose Crossroads Park has a skate bowl, a nine-hole golf course, and a water-spray area; Factoria and Eastgate along the I-90/I-405 interchange, mixing offices, retail, and housing; and the emerging Spring District near BelRed. The Bellevue Parks and Community Services department manages more than 2,500 acres of parks and open space, including the Bellevue Botanical Garden.

In April 2024, Sound Transit opened the initial segment of the 2 Line light rail, with Bellevue stations at South Bellevue, East Main, Bellevue Downtown, Wilburton, and Spring District; the line connected across Lake Washington to Seattle's 1 Line in March 2026. Most of Bellevue is served by Bellevue School District No. 405, which also serves Clyde Hill, Medina, Hunts Point, Yarrow Point, Beaux Arts Village, and portions of Newcastle, Kirkland, Issaquah, Redmond, and unincorporated King County; parts of the city fall within the Lake Washington, Renton, and Issaquah districts. Because attendance boundaries follow the specific address and can change, verify the assigned schools for any home directly with the district.

What buyers & sellers weigh in Bellevue

Decide early whether you are shopping for a downtown condominium or a single-family home; they behave as different segments of the same Bellevue market.
For condos, review the HOA budget, reserves, special assessments, and any rental restrictions before committing.
Confirm the assigned schools for a specific address with Bellevue School District No. 405, since attendance boundaries follow the parcel and can change.
Check FEMA flood maps and Bellevue's critical-areas designations for parcels near Kelsey Creek, Coal Creek, the Mercer Slough, or wetlands.
On sloped lots in Somerset, Newport Hills, or near Cougar Mountain, budget for geotechnical review of steep-slope and landslide hazards.
Weigh proximity to I-405, I-90, and SR 520 and to the new 2 Line light rail stations for both access and noise.
Bellevue spans several ZIP codes and submarkets, so recent comparable sales from the specific neighborhood matter more than a citywide figure.

What makes Bellevue distinct

Bellevue is one of the few Eastside cities with a genuine high-rise condominium downtown alongside conventional single-family neighborhoods.
It is bracketed by two lakes, Lake Washington and Lake Sammamish, giving it shoreline on both sides of the city.
The 2 Line light rail now links Bellevue directly to Seattle and Redmond, a change most neighboring suburbs do not yet have.
Most of the city is served by its own Bellevue School District No. 405 rather than a regional district.
Large protected open spaces like the Mercer Slough and Bellevue Botanical Garden sit close to the urban core.

Services in Bellevue

All services

Bellevue real estate FAQ

Is Bellevue a condo market or a single-family market?

Both. Downtown and the Wilburton and BelRed corridors are dominated by mid-rise and high-rise condominiums, while the surrounding neighborhoods are largely single-family homes. The right comparables depend on which segment and neighborhood a specific home sits in.

Which school district serves Bellevue?

Most of the city is in Bellevue School District No. 405, which also covers Clyde Hill, Medina, Hunts Point, Yarrow Point, Beaux Arts Village, and parts of nearby cities. Some areas fall in the Lake Washington, Renton, or Issaquah districts. Attendance boundaries follow the address, so I confirm the assigned schools for any home you consider.

Does Bellevue have light rail?

Yes. Sound Transit's 2 Line opened its initial Eastside segment in April 2024 with Bellevue stations at South Bellevue, East Main, Bellevue Downtown, Wilburton, and Spring District, and it connected across Lake Washington to Seattle in March 2026.

What should I check about flooding or slopes before buying?

Review FEMA flood maps and Bellevue's mapped critical areas for parcels near Kelsey Creek, Coal Creek, the Mercer Slough, or wetlands, and get geotechnical review on sloped lots in areas like Somerset, Newport Hills, or near Cougar Mountain. I can help you gather these disclosures during due diligence.